XRP, Meme Coins, and RWA Sector Witness Price Surge in 2024

XRP, Meme Coins, and RWA Made Comeback in 2024

  • XRP shot up this year amid hopes of Ripple benefitting from a change in SEC’s leadership.
  • RWA sector’s Mantra (OM) token surged a whopping 8984.65% as tokenization demand rose.
  • Dogecoin (DOGE) turned bullish following the announcement of D.O.G.E. Department by Trump.

The crypto community would conclude the year 2024 on a happy note as Bitcoin broke above the $100K milestone and even surged above $108K before dipping down to $95K. On the other hand, the U.S. authorities approved Bitcoin and Ethereum exchange traded funds (ETFs), sparking a resurgence across the crypto space. Further, meme coins, RWA projects, ADA, and even XRP made remarkable comebacks recently. 

Talking about XRP, the Ripple Labs secured a partial victory against the U.S. Securities and Exchange Commission (SEC) in 2023. Speculations were rife that the pro-crypto momentum brought by Trump’s appointment fuelled XRP’s rally. With Trump extending his support to crypto, XRP broke into an uptrend, surging over $2.86 a few weeks ago. 

According to CoinMarketCap data, XRP, which was on the verge of dropping out of the top 10, now has a market cap of $128 billion and is the fourth-largest …

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