4 hours ago
Musk Buys XRP could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Musk Buys XRP (MUSKXRP), a Solana memecoin launched today, is set to explode over 13,000% in price in the coming days. This is because MUSKXRP is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Musk Buys XRP can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Musk Buys XRP could become the next viral memecoin. Musk Buys XRP launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Musk Buys XRP on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk Buys XRP by entering its contract address – FVAvgfVYwkgDkDhuKZ4Js41d64LHUsbMRoVzCyJUExtq – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKXRP. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
CryptoIntelligence
You can visit the page to read the article.
Source: CryptoIntelligence
Tags :
Blockchain News Crypto News Today Press Releases
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
U.S. Treasury’s plan to set up Ripple wallet – Impact on XRP?
XRP`s promising price action and bullish chart patterns signal a potential long-term upward trend, amplified by the U.S. Treasury`s reported XRP wallet setup. CryptoIntelligence
Binance Founder Changpeng Zhao: US Bitcoin Reserve ‘Pretty Much Confirmed’
Sen. Cynthia Lummis (R-WY) chairs the US Senate panel on crypto assets. She has promised some big changes in government policy for the sector. A Bitcoin sovereign wealth fund Republicans are calling a “strategic national reserve” is only one of Lummis’ promises for blockchain. But markets are thrilling with bullish activity on that prospect alone. Over the weekend, Bitcoin whales were insatiable in their accumulation. After Republicans retook control of Congress following November’s election, the US Senate Banking Committee opened its first subcommittee panel on cryptocurrencies Thursday. Binance Founder: Strategic Bitcoin Reserve Alert! US Strategic Bitcoin Reserve, pretty much confirmed. Crypto moving at crypto speed again. https://t.co/8qWlt65ARE — CZ BNB (@cz_binance) January 23, 2025 The idea of a national Bitcoin reserve is so popular at the moment among US policymakers that several states are considering establishing state reserves. Congress Convenes First Subcommittee on Crypto The Senate Banking digital asset subcommittee will: Pass legislation promoting responsible innovation and consumer protection Eradicate Operation Chokepoint 2.0 Make America the bitcoin and digital asset capital of the world — Senator Cynthia Lummis (@SenLummis) January 23, 2025 The new Senate subcommittee on digital assets has a host of issues to tackle with normalizing US government policy over blockchain. In an X post on Thursday afternoon, Sen. Lummis promised a three-point crypto agenda in 2025: Pass legislation promoting responsible innovation and consumer protection Eradicate Operation Chokepoint 2.0 Make America the bitcoin and digital asset capital of the world Popular crypto markets analyst Crypto Beast replied, “we’re going much higher.” The strategic Bitcoin reserve has backing from President Trump, according to recent reports and the fact that he signed the documents. In addition, it has a strong group of pro-crypto delegates to Congress in the new subcommittee. That includes Sen. Ruben Gallego (D-AZ), who received strong backing from the pro-crypto Fairshake PAC. Plus, there’s Sen. Bernie Moreno (R-OH), a freshman senator who prevailed in the ballot count over the Banking Committee’s previous chair, Sen. Sherrod Brown (D-OH). Bitcoin’s price had a somewhat unexpected reaction to the aforementioned news. The asset started to lose value after the document’s signing and dropped to $102,400 before it recovered some ground to nearly $105,000 now. The post Binance Founder Changpeng Zhao: US Bitcoin Reserve ‘Pretty Much Confirmed’ appeared first on CryptoPotato . CryptoIntelligence
