SEC Schedules New Closed Door Meeting As $XRP Holders Anticipate Ripple Lawsuit Settlement. Guys it's getting closer & closer... I know you all are fed up with the XRP status, as most of us invested in this so called "Stable Coin", but this is about to change. A You Turn in a matter of days??? Let's Dive In🥂
The XRP community is closely monitoring a closed-door meeting held by the Securities & Exchange Commission (SEC) today, April 11, 2024. While the official agenda remains undisclosed, speculation is rife that the ongoing lawsuit against Ripple Labs could be a topic of discussion.

Four points could be deducted till now from those closed door meetings as follows:
💥Potential for Settlement💥
This speculation stems from a recent court order mandating settlement discussions between the SEC and Ripple before an upcoming pre-trial conference [3]. However, it is crucial to note the absence of any official confirmation regarding a potential settlement within the SEC's announcement for this meeting.
✨Limited Transparency✨
As with all SEC closed-door meetings, access is restricted to top SEC officials, commissioners, and key staff members, who can attend virtually or in person at the commission's headquarters. The public cannot attend these meetings.
⏳Previous Developments⏳
A similar closed-door meeting held by the SEC in November 2023 did not yield a settlement in the Ripple case. Additionally, a mandatory pre-hearing settlement conference took place on March 29, 2024, with no official update on its outcome.
🌿Differing Approaches🌿
While Ripple has expressed openness to a conditional settlement, the SEC seems focused on a court-determined resolution. The agency has faced setbacks, with the court ruling that Ripple's XRP sales did not constitute investment contracts as alleged by the SEC.
💡Current Legal Status & Conclusion💡
Despite the SEC's claims regarding XRP sales to institutional clients, the court did not rule in the agency's favor. Currently, the case is in the remedies phase, with both parties arguing the appropriate penalty for the violation the court found. The SEC filed a remedies brief last month, seeking a $2 billion penalty from Ripple. Ripple has until April 22nd to respond, followed by the SEC's reply by May 6th. The court will then issue a final judgment.
With all this being said, and as we get closer to the $BTC halving, we could expect XRP to finally start moving, being pushed by the market hype, with those positive news about the settlement finally getting close and in addition the previous news I covered for you as Ripple CEO Brad Garlinghouse gave us the shocker that Ripple is about to launch it's own Stable Coin.

🟢 So guys what do you think? Would XRP stay our hated Stable Coin or would it jump to $1 or $20 a $100 or even crazy numbers that would not make sense???🟢
⬇️ Let me know your opinion in the Comments Below ⬇️
🖋️ By @CryptoVenom
Don't forget to follow and like for MORE Exclusive News🥂
#TrendingTopic #XRP #Ripple #BTC

If you hold $SHIB then this article is a MUST read for you. I will logically assess Shiba Inu's future price and Potential 💫Despite its impressive performance in the past couple of years, Shiba Inu is very unlikely to reach $1 or 50 cents because its circulating token supply is simply too large. However, that doesn’t mean that Shiba Inu doesn’t have a lot of upside potential.Although meme coins have been around since 2013, when Dogecoin was created, it was in 2021 that they became mainstream. Their popularity was mostly due to the promotion of $DOGE by popular individuals such as Elon Musk and Mark Cuban. With the hype around Dogecoin, other meme coins enjoyed some interest. But at the end of the day, the significant winners were Dogecoin and Shiba Inu.💸 Key takeaways on Shiba Inu coin reaching $1 or 50 cents💸 :At the current circulating supply of 589 trillion Shiba Inu coins, the meme currency has a market cap of $5.56 billion.If SHIB reaches $1 at the current circulating supply, Shiba Inu would command a market cap of $589 trillion, which is just not feasible.The only way for the Shiba Inu price to reach $1 or 50 cents is if the circulating supply would decrease substantially through a token burn program.The Shiba Inu team recently launched Shibarium, which is a layer 2 solution that burns SHIB for every transaction, which could drastically reduce the SHIB supply over time.The CoinCodex price algorithm forecasts that SHIB could increase by over +292% by the end of 2025 and +456% by 2030.🌿Shiba Inu token is a meme coin created in August 2020 by an anonymous individual called Ryoshi & developed by the leading Developer Shytoshi Kusama🌿 Its name is based on the Shiba Inu dog on Dogecoin, and they are both similar. The only significant difference was that the creators built Shiba Inu on the Ethereum network. Although launched in 2020, it became popular in 2021 after Vitalik sold 50 trillion SHIB tokens and donated the proceeds to the India COVID fund. 🚀SHIB rose by over 85,000,000% within a year and hit its all-time high on October 28, making it the most prominent example of a monumental bull run in crypto history🚀Its meteoric rise has made many speculate whether it could even rise higher. In this article, we’ll discuss the prospects of Shiba Inu hitting major price milestones and explore SHIB price predictions.So the short answer to whether the Shiba Inu coin can reach 50 cents is a "🔥NO🔥" The main restrictive factor is SHIB’s circulating supply, which would, at current amounts, produce a market cap of nearly $294.5 trillion if the meme coin were to reach the $0.50 mark.We will concede that this answer could change dramatically in the future. Some believe that the circulating supply of SHIB will increase drastically with the increased usage of the Shibarium Layer 2 network, which burns SHIB for every transaction. There is little indication to believe that the burn rate will be sufficient to propel the price of Shiba Inu to 50 cents. However, the SHIB burn could still contribute to Will the Shiba Inu coin reach 50 cents?🔅Conclusion🔅Unless something fundamental, such as its volume, changes, Shiba Inu cannot reach $1, or even 50 cents for that matter. But it might reach 1 cent after some years of token burns and deflationary mechanics that went live with Shibarium. In any case, Shiba Inu is one of the best cryptos under 1 cent to buy, thanks to its vibrant ecosystem and robust community.When it comes to cryptocurrencies, the unpredictability of the prices is always an important factor. So, it is essential to research any cryptocurrency before you decide to invest in it.Follow & Like for MORE Exclusive News🥂#Write2Earn #TrendingTopic #SHIB 🖋 Written by @CryptoVenom

🔥Don't be lazy and READ Well🔥 Guys don't miss this opportunity, Probably an easy x100 project as BounceBit (BB) Megadrop Is Now Open: Subscribe to BNB Locked Products or Complete Web3 Quests to Participate! This is going to be big & all the information about this launch is found in this article.

💸What Is BounceBit (BB)💸
$BB or BounceBit is the first ever native BTC Restaking chain. It's a relatively new project with its own blockchain designed specifically for restaking Bitcoin. Restaking is the process of taking staked cryptocurrency and staking it again in a DeFi protocol to earn additional yield. Bitcoin itself cannot be staked traditionally, so BounceBit created a system where users can deposit their Bitcoin (BTCB on Binance Smart Chain) and earn rewards through a combination of Proof-of-Stake (PoS) and CeFi (Centralized Finance) mechanisms.
🟢 Native BTC Restaking Chain: BounceBit is the first blockchain specifically designed for restaking Bitcoin.
🟢 Dual-Token PoS System: The network is secured by staking both Bitcoin and BounceBit's native token (BB). This system leverages the security of Bitcoin with the flexibility of a PoS blockchain.
🟢 Mixed DeFi and CeFi Yields: BounceBit offers users the ability to earn yields on their BTC through a combination of DeFi and CeFi mechanisms. This allows users to potentially earn higher yields than they could with traditional staking methods.
🟢 BB Coin Utilities: The BB coin has several utilities on the BounceBit platform, including staking, gas fees, governance, and use as a currency within the BounceBit ecosystem.
Overall, BounceBit is a new project with a unique approach to restaking Bitcoin.

🔴IMPORTANT🔴
Binance will be the first platform to list the token mentioned herein. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.
This is a general announcement. Products and services referred to here may not be available in your region.
This is the biggest news since $BTC halving as Binance announced the first project on Binance Megadrop - BounceBit (BB), a BTC restaking chain. Users can start participating in the BounceBit Megadrop from 2024-04-26 00:00:00 (UTC). The BounceBit Megadrop page is estimated to be available on the Binance App in five hours.
⏳ Listing Date ⏳
Binance will then list BounceBit (BB) at 2024-05-13 10:00 (UTC) and open trading with BB/BTC, BB/USDT, BB/BNB, BB/FDUSD and BB/TRY trading pairs. The Seed Tag will be applied to BB. Read about BounceBit (BB) in our research report.
💡BounceBit Megadrop Period 💡
2024-04-26 00:00:00 (UTC) to 2024-05-12 23:59:59 (UTC)
BNB Locked Products Snapshot Period: 
To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2024-04-26 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ.
Web3 Quest Period: 
Users may complete Web3 Quest(s) during the Quest Period.
Web3 Quest 1: “Stake 0.0001 BTCB to BounceBit” (Tutorial) 
2024-05-13 06:00:00 (UTC)
Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Wallet.
🪙BounceBit Megadrop Details🪙
Token Name: BounceBit (BB)
Max Token Supply: 2,100,000,000 BB 
Megadrop Token Rewards: 168,000,000 BB (8% of max token supply)
Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)
Smart Contract Details: BounceBit
User Eligibility: KYC required in eligible jurisdictions
Hard Cap per User: 1,344,000 BB
Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount x 130) + (Average 90-day BNB Locked Amount x 120) + (Average 60-day BNB Locked Amount x 110) + (Average 30-day BNB Locked Amount x 100) 
Web3 Quest Multiplier: 1.5
Web3 Quest Bonus: 1,000

💰How to Get Started With Binance Megadrop💰
Log into your Binance account.
Subscribe to BNB Locked Products and/or complete all designated Web3 Quest(s) via Megadrop on the Binance App to accrue scores. To complete Web3 Quests, make sure you have at least one active Binance Web3 Wallet. Create your first Web3 Wallet now if you have not yet done so.
After completing all the designated Web3 Quest(s), click on the [Verify] button at the Megadrop project page before the Quest Period ends to successfully obtain the Web3 Quest Bonus and Web3 Quest Multiplier.
Receive Megadrop rewards based on your Total Score. 
✨Notes✨
External wallets imported to Binance Web3 Wallet will not count. Only backed-up wallets that are created in Binance Web3 Wallet may participate in Megadrop events.
About BNB Locked Products 
For the calculations of Locked $BNB Score, the "30 Days" multiplier will apply to all BNB Locked Products subscriptions with a duration of less than 30 days (e.g., 15 days).
Users will receive different scores for each active subscription based on the subscription period. The longer the duration, the higher the Locked BNB Score. Refer to the BNB Locked Products page for the latest APRs and maximum subscription limits.
Users may receive both Megadrop and Launchpool rewards at the same time (where applicable). There is no need to redeem $BNB Locked Products positions to participate in Launchpools. 

🌿 Conclusion 🌿
Whether you participate in the Web3 tasks or buy on launch, my advice is not to miss this coin as you will be getting in this big project from scratch. This is a top 50 potential so be smart & start planning your budget from now...
I will definitely update you on this project as we get closer to the event🔥
Don't forget to follow and like for MORE Exclusive Content🥂
🖋️ By @CryptoVenom
#BB #Megadrop #NewListing #BounceBit