XRP Logo / Source: Adobe
With XRP (XRP) struggling to keep up with the broader crypto market on Tuesday as traders digest the news that the SEC is seeking to impose a crippling $2 billion fine on XRP issuer Ripple, XRP community members are seeking new ICOs that present potential 1,000% return on income (ROI) opportunities.
XRP was last trading around $0.63, up just 5% in the past seven days.
That compares to Bitcoin (BTC) and Ether (ETH)’s 9% run-up over the same time period.
“The SEC plans to ask the Judge for $2B in a case that involved no allegations (let alone findings) of fraud or recklessness,” Ripple Labs CEO Brad Garlinghouse said.
The SEC plans to ask the Judge for $2B in a case that involved no allegations (let alone findings) of fraud or recklessness. There is absolutely no precedent for this. We will continue to expose the SEC for what they are when we respond to this. pic.twitter.com/LdMQFQm70j
— Brad Garlinghouse (@bgarlinghouse) March 25, 2024
“There is absolutely no precedent for this”. “We will continue to expose the SEC for what they are when we respond to this”.
With uncertainty set to continue weighing on XRP, a short-term return to recent multi-month highs near $0.75 seems unlikely.
It’s no surprise then that XRP community members are seeking new ICOs that present potential 1,000% return on income (ROI) opportunities.
New ICOs With 1,000% ROI Potential – eTukTuk ($TUK)
Analysts at Cryptonews keep a close eye on new and up-and-coming ICOs.
One such coin that they think has at least 1,000% ROI potential is an exciting new green crypto called eTukTuk.
eTukTuk is an emerging eco-friendly DePIN crypto project that seeks to accelerate the adoption of electric TukTuks in emerging countries.
And investors have been piling into the green crypto’s $TUK token presale.
The sustainable transportation-focused web3 start-up is close to having raised a whopping $2.5 million.
With so many crypto experts accumulating this green crypto, it’s no wonder investors have been racing to get involved.
Popular British presale analyst Jacob Crypto Bury thinks that, with its strong green AI credentials, $TUK has the prospect of posting 10x gains versus its presale price when it launches across exchanges later in the year.
Michael Wrubel is also bullish on $TUK, which he thinks could be the future of electric transportation.
Clinix Crypto, meanwhile, thinks $TUK has a lot of long-term potential.
Investors have also been rushing in ahead of $TUK token price rises.
Each new stage of the eTukTuk presale brings an incremental price increase of 3%, baking in pre-listing gains for early backers (up to a total of 31% across the presale).
And the next price rise is fast approaching when eTukTuk hits $2.679 million.
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