XRP’s (XRP) investors are licking their wounds after the cryptocurrency’s value tumbled significantly. An XRP price of $0.521 at press time indicated a 10.6% slide in the past 24 hours.
The recent action taken by the U.S. Securities and Exchange Commission (SEC) did not help the XRP price.
The negative market sentiment could also be to blame for XRP’s decline. This has prompted XRP holders to diversify into upcoming tokens such as PropiChain (PCHAIN).
PropiChain is tipped to disrupt the $300 trillion real estate market. As the XRP price declines, PropiChain is becoming a viable option for investors.
Let’s explore the recent XRP price action and its impact on investors’ decisions. PropiChain is tipped to surge 11,000X, a key factor in attracting XRP whales.
XRP Price Action: SEC Appeals Judge’s Decision
On October 2, the SEC appealed against the judge’s decision ordering Ripple, the company affiliated with XRP, to pay a $125 million fine for flouting securities laws during the sale of its XRP token. The SEC wants the company to pay a $2 billion fine, about 16 times Ripple’s fine.
Ripple was sued by the SEC in 2020. However, It won a partial landmark victory against the securities regulator after a Judge found that It did not break any laws for the institutional sale of its XRP tokens.
The $125 million settlement fine was hailed as a victory for XRP. However, the situation took a bearish turn after the SEC’s appeal, which sent XRP’s price tumbling.
After the appeal, the XRP price has fallen to $0.521. According to Coingecko data, this marks a 10.6% slide in 24 hours at press time.
The XRP price action has not been kind to holders. XRP is down 7% in the past month. The only relief for XRP price lies in the 1.7% gain on the yearly chart.
Analysts have predicted a bearish XRP price, pointing out that the altcoin could fall to $0.45 in Q4. This predicted XRP price action could force holders to sell their holdings to reduce losses.
With the XPP price projected to decline, investors are joining PropiChain’s (PCHAIN) whitelist today in anticipation of huge gains.
PropiChain Investment: $500 Could Yield High ROI
There is a good reason why the prolonged XRP price decline could drive investors to join PropiChain’s token sale. PropiChain offers investors a practical opportunity to own properties and benefit from them.
Analysts predict that PropiChain can disrupt the $300 trillion industry. This is mainly because it utilizes AI, blockchain, and non-fungible tokens (NFTs). AI allows smarter, more secure, and faster real estate transactions. Thanks to tokenization, investors can own high-value properties globally.
PCHAIN, the native token of the PropiChain platform, has several utilities. The (PCHAIN) token is the currency and lifeblood of PropiChain’s decentralized platform. Token holders can use PCHAIN as collateral to access liquidity in the DeFi sector.
PropiChain has been touted as one of the best token presales in Q4 2024. Analysts predict that a $500 investment in PropiChain could result in 11,000X profits. Experienced investors are joining PropiChain’s whitelist.
How to Join the Whitelist
Joining PropiChain’s whitelist is easy. Visit PropiChain’s website and type your email address in the whitelist section. You will immediately receive confirmation that you have been successfully registered.
Conclusion
XRP’s price decline is part of the boom-and-bust crypto cycles. Investors who have seen it all know that great opportunities lie in new but promising projects. PropiChain fits this bill as it intends to solve problems grappling with the traditional real market industry.
The upcoming project has impenetrable security. Each transaction is verifiable, reducing the risk of fraud. PropiChain will automate the leasing process and improve the efficiency of rental payments. By eliminating intermediaries, PropiChain substantially reduces transaction costs.
Join PropiChain’s whitelist today and set yourself up for potentially massive gains. It is well known that investing early in solid projects is the gateway to life-changing gains. Top analysts predict PropiChain will surge by 11,000X. This could be one of your best crypto investments.
For more information about the PropiChain Presale:
Website: https://propichain.io/
Join Community: https://linktr.ee/propichain
