Ripple’s Q1 report has sparked fresh intrigue in the ongoing XRP lawsuit, with the crypto firm explicitly mentioning the SEC’s appeal withdrawal. This claim has drawn particular attention because the SEC has not yet publicly confirmed withdrawing its appeal in the Ripple case.
With the SEC’s formal stance still unclear, Ripple’s report has only added to the uncertainty surrounding the lawsuit’s outcome and XRP’s future. This article studies Ripple’s Q1 report, focusing on the XRP lawsuit and understanding its potential implications on the ongoing case.
SEC Withdrew XRP Lawsuit Appeal, Says Ripple in Q1 Report
As highlighted by XRP lawyer Bill Morgan, Ripple has explicitly stated for the first time that the US Securities and Exchange Commission (SEC) has withdrawn its appeal in the prolonged lawsuit. The report mentioned,
In Q1, the SEC informed Ripple of its intent to withdraw its appeal – a clear victory for both Ripple and the broader crypto industry…the SEC agreed to reduce the proposed penalty from $125M to $50M – and request the court vacate the injunction, pending SEC Commission approval. This outcome reaffirmed what had been clear from day one: the facts and the law were on Ripple’s side.
XRP Lawyer Spots Discrepancy in Ripple’s Q1 Report
Highlighting the US SEC’s silence, Bill Morgan questioned Ripple’s claim that the SEC has withdrawn its appeal in the XRP lawsuit. While Ripple reveals the SEC’s move despite the agency’s official confirmation, Morgan underscored the discrepancy in the Q1 report.
Notably, Morgan points out that, to his knowledge, the SEC commissioners haven’t voted on the matter yet. Despite the Court of Appeals granting a joint motion to pause the appeal, the SEC has yet to officially confirm the withdrawal of its appeal. This suggests a potential inconsistency between Ripple’s statement and the actual status of the SEC’s appeal.
While many have seen tokens like SHIB and PEPE make headlines, a new contender is emerging quietly. This overlooked cryptocurrency might just outshine them both by summer 2025. Explore how this underdog is gaining traction and why it could become the next big name in the crypto world.
Demand for $XYZ Surges As Its Capitalisation Approaches the $15M Milestone
The XYZVerse ($XYZ) project, which merges the worlds of sports and crypto, has attracted significant investor interest. Unlike typical memecoins, XYZVerse positions itself as a long-term initiative with a clear roadmap and an engaged community. The project was recently recognized as Best NEW Meme Project, further solidifying its appeal.
Price Dynamics and Listing Plans
During its presale phase, the $XYZ token has shown steady growth. Since its launch, the price has increased from $0.0001 to $0.003333, with the next stage set to push it further to $0.005. The final presale price is $0.02, after which the token will be listed on major centralized and decentralized exchanges.
The projected listing price of $0.10 could generate up to 1,000x returns for early investors, provided the project secures the necessary market capitalization.
So far, more than $10 million has been raised, and the presale is approaching another significant milestone of $15 million. This fast progress is signaling strong demand from both retail and institutional investors.
Champions Get Rewarded
In XYZVerse, the community calls the plays. Active contributors aren’t just spectators—they’re rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big.
The Road to Victory
With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price, and to rally a community of believers who believe this is the start of something legendary.
PEPE: A Deflationary Memecoin Tribute on the Ethereum Blockchain
PEPE is a deflationary memecoin launched on Ethereum as a homage to the Pepe the Frog internet meme created by Matt Furie. The project seeks to capitalize on the popularity of meme coins like Shiba Inu and Dogecoin, aiming to establish itself among the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by adopting a no-tax policy and being transparent about its lack of utility, maintaining simplicity as a pure memecoin.
In late April to May 2023, PEPE experienced a significant surge, with its market capitalization reaching a peak of $1.6 billion. This rapid growth resulted in substantial gains for early holders and attracted a community of enthusiasts. The surge contributed to what some have called a “memecoin season,” prompting other memecoins to experience dramatic fluctuations. The PEPE roadmap includes phases focusing on listings on CoinMarketCap, centralized exchanges, and aiming for “tier 1” exchange listings accompanied by a “meme takeover.” The coin’s recent performance has drawn attention in the current market cycle, reflecting ongoing interest in memecoin phenomena within the cryptocurrency space.
Shiba Inu (SHIB): An Ethereum-Based Memecoin with Expanding Utilities
Shiba Inu (SHIB) is a cryptocurrency inspired by Dogecoin. It was launched in August 2020 by an anonymous developer known as Ryoshi. SHIB runs on the Ethereum blockchain, which allows it to be compatible with the Ethereum ecosystem. It started with one quadrillion tokens, and half of these were sent to Vitalik Buterin, the co-creator of Ethereum, to build trust. Buterin donated a large portion of his SHIB to the India Covid Crypto Relief Fund and burned 40% of the total supply, reducing the number of SHIB in circulation.
SHIB’s integration with Ethereum enables the development of applications like ShibaSwap, a decentralized exchange. There are plans for a future NFT platform and a governance system based on a decentralized autonomous organization (DAO). These developments could increase SHIB’s utility in the crypto space. In the current market cycle, SHIB’s attractiveness depends on factors like community support and technological advancements. Its position on the Ethereum blockchain may offer advantages over other memecoins that lack such compatibility.
Conclusion
PEPE and SHIB have shown impressive gains, but XYZVerse (XYZ) aims to surpass them by uniting sports fans in a memecoin targeting 20,000% growth by 2025.
You can find more information about XYZVerse (XYZ) here:
The post Missed SHIB and PEPE? This Underdog Crypto Could Outperform Both by Summer 2025 appeared first on Coinpedia Fintech News
While many have seen tokens like SHIB and PEPE make headlines, a new contender is emerging quietly. This overlooked cryptocurrency might just outshine them both by summer 2025. Explore how this underdog is gaining traction and why it could become the next big name in the crypto world. Demand for $XYZ Surges As Its Capitalisation …
After seven straight weeks of steady Bitcoin accumulation, Strategy founder Michael Saylor has indicated an intention to buy more Bitcoin. Saylor posted the MicroStrategy portfolio tracker, a dead giveaway for a Strategy Bitcoin purchase announcement. Michael Saylor Cues Strategy Bitcoin Purchase Michael Saylor has signaled a potential Bitcoin acquisition by Strategy after posting the company’s portfolio trackers. According to the tracker shared in an X post, Strategy holds 580,250 BTC valued at $60.69 billion at current prices. Saylor has historically posted the MicroStrategy portfolio tracker on the eve of a Strategy Bitcoin purchase announcement. Market participants are interpreting the post as a cue for an incoming Strategy Bitcoin acquisition, given previous antecedents. Orange is my Preferred Color pic.twitter.com/rc9JIcJOAT — Michael Saylor (@saylor) June 1, 2025 “Orange is my preferred color,” read Saylor’s caption accompanying the portfolio tracker post. For seven consecutive weeks, Michael Saylor has posted the portfolio tracker before… Read More at Coingape.com
XRP lawyer Bill Morgan anticipates that Judge Analisa Torres will likely approve the joint motion filed by Ripple and the SEC in the XRP lawsuit. Despite some reservations about the motion’s content, Morgan expressed that he believes the judge will grant it nonetheless, potentially leading to a resolution in the Ripple vs SEC case. Will
