XRP has been taking part in ongoing legal battles for some time. Recent news indicates that two XRP-friendly firms’ support for Ripple in the legal dispute with the SEC has been mischaracterized. This is just the latest chapter in Ripple’s struggle with legislators and authorities, but it also shows that it is not alone in its battle.
Both TapJets and I-Remit submitted briefs to declare that XRP was integral to their business models and that further legal struggles for Ripple could significantly impact their ability to do business. Other crypto projects stand firm with Ripple and believe it should be allowed to flourish once more. However, investors may be looking for alternatives with XRP’s future far from certain. One of those alternatives could be Uniglo:
Uniglo offers investors many upsides and continues to thrive while it nears the end of its current pre-sale. That means there’s still time left to invest if you want to make gains before its mainstream launch.
Uniglo works by offering a decentralized asset-backed store of value to its investors. This protects it from significant market moves or pumps and dumps and ensures it isn’t over-reliant on any product for success. It stores a range of cryptos, NFTs, gold, and more to give a solid base price that’s completely deflationary. That’s why it could be a good alternative to XRP but may store some Ripple in its vault for the upsides available if it can put legal troubles behind it.
Ripple was once one of the hottest properties in the altcoin world, with a considerable future predicted. But over the last couple of years, it has been plagued by regulatory struggles and legal battles. Some analysts think it could be primed for growth if these troubles can be sorted in Ripple’s favor, and current XRP prices might therefore be an absolute steal.
It remains to be seen whether XRP can put its legal battles behind it and continue flourishing in the crypto world. But one crypto that’s already growing and has no such legal issues is Uniglo (GLO).
Find Out More Here:
Join Presale: https://presale.uniglo.io/register
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Was this writing helpful?