Traders are starting to anticipate a huge surprise in XRP price action during June as the cryptocurrency approaches its conclusion with the SEC. After almost 30 months of litigation, high-profile individuals like Charles Hoskinson are expecting the Ripple case with the SEC to be resolved in the next month. As a result, traders are expecting the token to go parabolic and surge past $1.
Meanwhile, analysts are starting to pick which tokens are best to buy before the Ripple lawsuit verdict, as the news will likely cause a huge surge throughout the entire crypto industry. Keep reading to find out their top picks.
Is XRP About to Surprise Everybody and Hit $1 in June?
The lawsuit between The Securities and Exchange Commission (SEC) and Ripple is now sitting in its 29th month, as the SEC alleges that Ripple operated an unlicensed token offering during its early days of operation.
The SEC alleged that Ripple raised over $1 billion in 2013 by selling XRP tokens to investors. Ripple denies the allegations stating that XRP does not constitute security and has been battling the allegations ever since.
Now, the lawsuit is quickly coming to a conclusion, with many experts, including Charles Hoskinson, expecting a verdict very soon. A favorable ruling for XRP will certainly bode well for holders, with many traders expecting a huge surge higher toward $1;
Max pain missing $XRP limit by $.008 and watch it bounce 12%+
Think XRP can surprise many people in June pic.twitter.com/gGh5dZNQrh
— Johnny (@CryptoGodJohn) May 29, 2023
Analysts Pick Three Other Tokens To Surge Alongside XRP After Lawsuit Verdict
However, it’s not just XRP that a positive ruling will impact. The lawsuit has held back many tokens, and experts believe that the entire industry has the potential to surge following the verdict. As a result, analysts are picking their top tokens to surge alongside XRP, and we’ve done some digging to find three of the top picks for you.
The picks here span a wide range of sectors, including memecoins, artificial intelligence, and environmentally friendly ecosystems – all of which have the potential to explode following the lawsuit ruling.
Wall Street Memes – The New King of Memes With a Huge Community
The top pick from most analysts is Wall Street Memes, the new king of memecoins with a massive community already backing it. The project launched its presale toward the end of May and managed to raise over $2.5 million in under one week, showing the significant FOMO developing behind this project.
Wall Street Memes is a representation of the internet’s triumph over major capitalism. It was born during the GameStop fiasco in 2021, where the little guy went up against heavyweight institutions on Wall Street and sent them crashing down into bankruptcy. Now, WSM is tokenizing the movement through a token, allowing people to engage in further speculation with an added dose of humor to go alongside it.
The primary goal behind the project is to make comical satire out of our traditional financial system, which has proven to be one of the biggest forms of corruption in history time and again while providing opportunities for individuals to participate in cryptocurrency investments that have the potential to replicate the success of PEPE. The mixture of internet culture, meme-based humor, and new-age finance makes the perfect opportunity to get involved in the next memecoin sensation.
Although the token has no utility, like PEPE and DOGE, the strength of the project lies in the robust community behind it. The Wall Street Memes project is connected to Wall Street Bulls, an NFT collection that sold out in 2021 in a matter of minutes. Now, that same community is backing WSM to the fullest, with a community of over 1 million followers across social media.
Furthermore, the fact that the project already has a huge community puts it at the front of the queue to get listed on major tier-1 exchanges at launch time, with many experts speculating if Binance might be one of the first callers.
The presale for WSM is currently on fire, raising over $2.5 million in just one week. The current stage is the fifth stage, selling the token for a price of $0.0262. However, it’s important to note that the presale uses an increasing pricing strategy, meaning that the cost for the token will increase during each subsequent presale stage. Therefore, it’s important to get positioned as early as possible to leave the fundraising with higher unrealized returns.
AiDoge – Merging Ai and Memes to Create Meme-to-Earn
The next pick from the experts to surge alongside XRP in June is AiDoge. This groundbreaking meme-to-earn ecosystem rewards people for creating viral internet memes through its revolutionary artificial intelligence meme generator.
AiDoge is a revolutionary project because it uses GameFi mechanics to reward people for creating memes and is the first cryptocurrency project to use generative AI for the sole purpose of creating viral memes. The project wants to merge meme culture with AI to create an entire meme-to-earn reward system and keep investors engaged.
The platform offers an innovative meme generation solution that leverages AI technology, user-friendly prompts, and a token-based credit system to create a thriving crypto community.
The best part about the project is that you don’t need any artistic experience to create viral memes. Instead, users simply need to use the user-friendly interface to create memes using simply text-based prompts. These are short descriptions to tell the AI what type of meme needs to be created, and it will use this guidance to create the meme in a matter of seconds.
Once a meme has been created, it’s sent to the Public Wall to be voted on by users. Memes that get voted to the top of the Public Wall stand to receive rewards in the native token, $Ai, each month. This community-driven approach forces meme creators to think outside the box and use the artificial intelligence to its fullest potential. As the AiDoge community grows, so will the rewards provided to top memesters.
Overall, AiDoge has created a fantastic opportunity that combines two of the hottest trends in the industry right now. The AiDoge presale has officially reached its fundraising goal, but you can still purchase the token for the final presale price of $0.0000336 before it gets listed on exchanges and surges.
Ecoterra – Recycle to Help the Planet and Earn Rewards
The final project that experts believe has the potential to surge in June alongside Ripple is Ecoterra, a project focused on rewarding people for taking positive action on climate change. Ecoterra has developed a Recycle2Earn application that rewards users each time they recycle their plastics, aluminum, or glass.
Ecoterra has created a groundbreaking solution to convince the world to think about future sustainability by providing them with rewards for recycling. The aim of the project is to encourage the recycling process to fight global warming and climate change by educating the public on the need for recycling and then providing them with a solid incentive to do it.
Users will earn rewards on the application so long as they follow all of the instructions outlined. The team has made it incredibly easy to start earning rewards through recycling, making it possible for users in three easy steps; Scan, Recycle, and Earn.
The first step is to scan the barcode of any recyclable product to find an instant match in the AI-powered database. Users can scan plastic, glass, or aluminum barcodes, and the application will provide an instant quote about how much can be earned through recycling.
Once scanned, the application will then direct the user to the nearest Reverse Vending Machine (RVM) for recycling. Users simply have to place their items into the RVM to start the recycling process. The last step before earning rewards is to take a picture of the receipt and upload it to the application as proof for recycling.
It’s as easy as that.
The project goes further deeper into environmentally friendly tasks on the application. For example, it has a recycled materials marketplace that lets users connect with businesses that sell recycled materials. Users can search for the materials that have the biggest positive impact on the environment and purchase them at discounted prices.
The ecosystem also contains a carbon offset marketplace and an impact-trackable profile. The carbon offset marketplace allows users to purchase VERA-verified carbon credits to reduce their carbon footprint. The impact-trackable profile allows users to lead the way with recycling rewards and position themselves as leaders in the fight against climate change and convince others to participate.
The presale for Ecoterra has been exceptional, raising a total of $4.6 million in a few weeks. You can still purchase Ecoterra for a price of $0.00925 before it lists on tier-1 exchanges at a price of $0.01.