Traders are turning bullish on the price of XRP as it finally breaks the September resistance after breaching $0.55
The case is officially entering its penalty phase, and the SEC is seeking up to $770 million from Ripple in fines.Unfortunately, the penalty phase is described by lawyers as a second court case, with additional depositions, production of documents, and interrogations. Looking ahead, the first resistance beyond $0.55 lies at $0.621. This is followed by $0.65, $0.7 , $0.75, and $0.8 .What Tokens Do Traders Think Can Also Pump?
The key driving force behind the growth is its unique utility of allowing BTCMTX holders to stake their tokens and gain access to a mining ecosystem.Those staking their tokens are currently earning a whopping 240% APY;Users staking BTCMTX earn Mining Credits, which can be burnt in exchange for time on the cloud mining platform.
Given its impressive growth in just under a month, early backers are championing Bitcoin Minetrix as a disruptive technology in the Bitcoin mining community.
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