XRP, ADA, Meme Coins Become Object of Interest for Author of Bestselling NFT Book, Anndy Lian

XRP, ADA, Meme Coins Become Object of Interest for Author of Bestselling NFT Book, Anndy Lian

Anndy Lian, international blockchain expert who positions himself as a thought leader on social media platforms and is the author of a book called “NFT: from Zero to Hero,” has taken to Twitter to pick its followers’ brains about whether he should invest in altcoins such as XRP, ADA and IOTA. Judging from his tweet, Lian is already a holder of meme cryptocurrencies.

Judging from his tweet, Lian is already a holder of meme cryptocurrencies.

“XRP, ADA, IOTA or should I stay with #meme?”

From his tweet, Anndy Lian is considering making a purchase of some leading altcoins, including top 10 XRP and ADA, as well as IOTA, CRO and NEAR.

He also says that he could stay with the meme; however, he does not specify exactly which meme coins he holds – DOGE, SHIB, FLOKI, BabyDoge or some canine coins with smaller capitalizations.

From his earlier tweets posted in September, it is clear that Lian has been following the main events in the crypto industry, such as Cardano’s Vasil and Ethereum’s Merge hard forks.

He has not disclosed which cryptocurrencies he holds.

“NFT: from Zero to Hero” is Lian’s second book, according to his LinkedIn page. In 2019, he also co-authored a book titled “Blockchain Revolution 2030.” By now, 8,000 copies of the former have been sold.

This crypto influencer considers buying SHIB

Crypto influencer David Gokhshtein, former U.S. congressional candidate who founded Gokhshtein Media, has tweeted that yesterday he nearly purchased meme token Shiba Inu.

Gokhshtein has been bullish on the second largest meme token throughout the year, praising its model and its metaverse. He holds both Dogecoin and SHIB. Recently, he tweeted that it is okay to hold both, while some in the armies of both tokens find it hard to find a mutual understanding.

On Wednesday, Gokhshtein also shared that he had been considering buying more XRP tokens to expand his XRP bag. He believes that if Ripple wins the current legal battle against the SEC that has been going on since 2020, it will become a major driver not only for Ripple and XRP but for the entire crypto industry too.

As part of his challenge, he also considers buying some LUNC.

Read more on U.Today https://u.today/xrp-ada-meme-coins-become-object-of-interest-for-author-of-bestselling-nft-book-anndy-lian

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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XRP to USD forecast: Can Ripple price finally reverse long-term downward trend?

XRP to USD forecast: Can Ripple price finally reverse long-term downward trend?

Ripple is one of the most talked about coin.

– What has been affecting the Ripple coin price recently?

The on-going, never ending and changing lawsuit is one of the key uncertainties. SEC has a different angled strategy against Ripple through Wahi complaint. This added insider trading allegations against 2 other Coinbase employees and putting 9 other cryptocurrencies as securities. If the SEC wins the case, this would set a precedent and would cause more problems for the crypto industry as a whole.

This outcome for Ripple might affect their On-Demand Liquidity (ODL) service. And if U.S. banks are not going with the ODL plans, this will then weaken Ripple’s CBDC setup and investors will not be very happy.

– Where could the token be headed in the future

According to CoinMarketCap price prediction function, 1222 users voted and predicted that the price of XRP will be around $0.4905 by 30 September 2022. This is a 47.86% increase in the current price. I must say that the supporters are still considerably bullish on the coin and hope they can get out of the lawsuit quickly.

I am more realistic at this point. I hope to see more signed partnerships that are actually useful, not for PR purposes and see more real implementations in a larger manner, not purely news on how they help streamline Japan-Thailand money transfers. I hope to see more details. I am sure the investors at large want to see more too.

 

XRP to USD forecast: Can Ripple price finally reverse long-term downward trend?

 

Ripple (XRP/USD) is among the top 10 largest cryptocurrencies by market capitalisation. Dubbed a “better alternative to bitcoin”, Ripple aims to futurise global payments.

However, in recent years the company has been caught in the midst of a US Securities and Exchange Commission (SEC) filing, with its native cryptocurrency, XRP, struggling to reach past highs…for over four years.

Down by 90.3 % since its 2018 all-time high of $3.3778, at the time of writing (5 September) the XRP to USD exchange rate stood at $0.3275. Can the token repeat the record levels, and what is the latest news on the SEC case?

What is XRP/USD and Ripple?

Ripple was created in 2011 by engineers David Schwartz, Jed McCaleb and Arthur Britto. They began developing the XRP Ledger (XRPL),  a decentralised, permissionless, open-source, public blockchain.

The Ripple platform is a payment settlement system and currency exchange network using XRP Ledger Consensus Protocol. The network prides itself in its transaction speed, which according to its website, can take between three and five seconds and has low transaction fees that are “typically” under $0.01.

Ripple’s distributed consensus mechanism uses designated servers called validators, who have to agree on the order and outcome of transactions on the platform to enable them. Transactions are made in XRP coins, the platform’s native cryptocurrency.

The token can be sent to other users directly without the need of a central intermediary. XRP coins are freely exchanged on the open market and used in the real world for enabling cross-border payments and microtransactions.

Upon the token’s launch, XRPL’s founders gifted 80 billion XRP to the company. Ripple has since put the majority in escrow. As of August 2022, 44bn tokens remain in escrow.

 

What is your sentiment on XRP/USD?

XRP/USD price analysis

Unlike many of its rival cryptocurrencies that gained popularity in late 2021, XRP achieved its first success in the early months of 2018 as it was teaming up with a number of legacy financial institutions, like American Express and Santander. The token spiked to the all-time high of $3.3778 in January 2018, yet the rally was short-lived as XRP fell below $1 in late February. XRP to USD chart, September 2013 – September 2022

After two years of fluctuating between $0.60 and $0.10, the XRP coin price rebounded to $1.8391 on 14 April 2021 amid wider cryptocurrency bull run.

Throughout the remainder of 2021, the XRP to USD chart suffered fluctuations, rising as high as $1.3894 at the start of September 2021 and dropping as low as $0.7993 by mid-December.

At the start of 2022, XRP was holding steady at $0.80. It dropped to $0.30 as Russia’s invasion of Ukraine and surging inflation started to affect broader cryptocurrency sentiment. As of 5 September, the current exchange rate of XRP to USD stood at $0.3275.

 

SEC’s case against Ripple

In December 2020, Ripple found itself in the midst of a SEC filing, which accused the company’s top executives, co-founder Christian Larsen and CEO Bradley Garlinghouse, of misleading XRP investors by selling $1.3bn worth of coins without reporting to the commission. The SEC had also accused the executives of profiting from the trade by around $600m.

In March 2022, the court denied the SEC’s request to strike Ripple’s fair notice defence, which argued that contrary to the case, the company did not receive a fair warning that its sales of XRP coins could be in violation of security laws.

In July 2022, Ripple won a ruling that will allow the company to access emails from the SEC about a 2018 speech where a former official declared that Ethereum was not a security. The evidence could help Ripple in arguing that XRP cannot be labelled as such. The SEC, however, continued to battle this ruling and filed a brief arguing that the speech drafts “are not relevant to any claim or defense in this case”.

On 19 August, Ripple filed a motion to seal the identities of non-parties, some company employees and the personal financial information of employees. The SEC replied, clarifying that in doing so, it “does not concede that the above categories of information should properly be sealed for summary judgement briefing, and reserves its rights to oppose similar sealing requests for summary judgement.”

The judge granted the SEC’s request to file a 90-page long reply to its motion that seeks to exclude the testimony of Ripple Labs’ witnesses.

The outcome of the court proceedings could remain the key factor affecting the movements on the XRP chart. As of 5 September, analysts and investors await 9 September, when both parties are expected to seal any portion of the filings together with proposed redaction.

Responses to the motion must be submitted by 16 September. Motions for summary judgement are expected by 15 September,  and any opposition to that must be received by 18 October and answered by 15 November. The coming months will be of great importance for Ripple enthusiasts.

“The ongoing, never ending and changing lawsuit is one of the key uncertainties. SEC has a different angled strategy against Ripple through Wahi complaint. This added insider trading allegations against two other Coinbase employees and put nine other cryptocurrencies as securities,” said Anndy Lian, chief digital advisor of the Mongolian Productivity Organisation.
“If the SEC wins the case, this would set a precedent and would cause more problems for the crypto industry as a whole,” he told Capital.com.

On 21 July, the SEC filed a complaint against Ishan Wahi,  Coinbase’s manager in its assets and investing products division, and two other employees, accusing them of insider trading and securities fraud. In the filing, the commission noted that the nine coins Wahi and other defendants traded were “crypto asset securities”.

 

XRP to USD forecast for 2022 and beyond

Despite the latest downward price action, algorithm-based forecasting service Wallet Investor gave a bullish XRP to USD crypto exchange rate prediction as of 5 September. The site noted that XRP is “an outstanding long-term investment”, adding that it has a long-term earning potential amounting to 284.71%.

Based on its analysis of past price performance, Wallet Investor predicted that the token could trade at $0.517 in 2023 and reach $1.258 by 2027.

DigitalCoinPrice supported the positive XRP to USD future exchange rate forecast at the time of writing, expecting the token to grow to $0.48 by the end of 2022 and reach $1.50 by the end of 2025.

By the end of 2027, the site predicted that the exchange rate of XPR to USD could reach $1.63. The website’s long-term forecast for the token showed that the cryptocurrency could surge to $4.63 by 2030.

Mark Fidelman, founder of SmartBlocks, was bullish on XRP to USD exchange rate, yet noted that the outcome of the SEC case will play a crucial role in shaping Ripple’s future.

“If [Ripple wins] the lawsuit, it should be heading back up to over a buck by the end of year, maybe more…It’s more effective and more efficient than anything that the banks are doing, so it should scare the banks and should help crypto,” he told Capital.com.

Note that predictions about the future of XRP can be wrong. Forecasts and analyst expectations shouldn’t be used as a substitute for your own research. Always conduct your own due diligence looking at the latest news, price charts.  technical and fundamental analysis.

Remember that past performance does not guarantee future returns. And never trade money that you cannot afford to lose.

 

Source: https://capital.com/xrp-usd-forecast-dollar-ripple-price

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Anndy Lian Spoke to BitcoinLive on NFT, Defi, Wall Street Bets, XRP and more

Anndy Lian Spoke to BitcoinLive on NFT, Defi, Wall Street Bets, XRP and more

Anndy Lian, an intergovernmental blockchain advisor and entrepreneur based in Singapore spoke to BitcoinLive on 31 January 2021 on his views on NFT, Defi, Wall Street Bets, XRP and more.

Anndy started the session by sharing what he is doing right now. He has mentioned that he is taking a break and spending time to change some of his business from traditional to crypto like. He is looking at introducing NFT art to www.smexy.com, convert www.worldairfare.com from a referral business model to a crypto rebate scheme.

NFT is a hot topic and the host from BitcoinLive asked Anndy how he felt NFT is going for 2021. Anndy’s reply is bullish on the NFT market, he felt that there should be some price adjustments and protection for the consumer. The increase in price for Ethereum should not be the driving factor for NFT art for example to pump up the price. The price has to be pegged to the value of the artwork.

When asked on the latest development on the regulation space. Anndy highlighted on the newly released Defi research paper by South Korea’s government (Ministry of Science and NCT).

“This is the world’s first government-led Defi research paper. And I believe more governments will release their own in time to come. This shows governments’ interest and they are more ready to move into our space.” Anndy Lian told Blockcast.cc reporter.

On his views on XRP, Lian remained bullish on the outcome for XRP. He stated that right now XRP does not function like a securities and for the past, they have to sort this out properly with SEC. He also emphasized that XRP will still function well with or without Ripple as their businesses channels are all established.

Lastly, Anndy commented on the current movement, Wall Street Bets (WSB). He felt that the movement also served as a warning that financial markets are volatile and it is not for everyone.

“If a highly decentralised coin such as DOGE can be manipulated, any coins can be manipulated. So promoting WSB and changing your profile picture with the golden hair may have a negative backlash to this young crypto space.”

At the end of the session, Anndy cautioned all to be careful when investing and stay safe.

Video:

About Anndy Lian:

Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. He plays a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region. Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce

Media Contacts:

Name: Melody Chan
Title: Editor
Website: https://www.blockcast.cc/about/​
Email: [email protected]

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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