Crypto

Two Crypto Assets Rise 40% Or More In A Single Week, Far Outpacing Bitcoin And Ethereum

Two altcoins are up at least 40% this week while the top two cryptos by market capitalization, Bitcoin (BTC) and Ethereum (ETH), stagnate.

XRP and Fan Engagement Token Chiliz (CHZ) are up 14% and 9% respectively in the past 24 hours alone.

XRP is up 48% over the past seven days and CHZ is up 40% over the same period.

A crypto legal expert recently said that Ripple’s lawyers should feel confident in the XRP lawsuit with the United States Securities and Exchange Commission (SEC).

Pseudonymous crypto analyst CryptoDonAlt said SEC lawsuit could boost XRP like Elon Musk did for Dogecoin (DOGE), share a chart of the relevant resistances of XRP.

“Elon Musk was at DOGE.

What could be the SEC case for XRP.

It would be cool if it played out the same way, it doesn’t have to.

Never any guarantees, but it’s a gripping tale for what is essentially a meme coin…

I’m up for a full send, these are the relevant resistors

I’ll ruthlessly shrug off when I get cold feet (and ducks get cold feet easily – we don’t wear shoes), but until then I’ll be an XRP maximalist.

Source: CryptoDonAlt/Twitter

CHZ seems to be riding the wave of a recent fundamental development.

A wave is the hype about the project’s work towards the launch of CHZ 2.0, which will be its own native blockchain designed for high speed and scalability.

CHZ is also seeing a boom in whale activity, according to Saniment.

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Featured Image: Shutterstock/Pattern Trends/VECTORY_NT



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