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Regulatory Triumph For XRP As European Governance Institute Recognizes The Token’s Non-Security Status Members of the XRP community are rubbing their hands in glee following a recent development that could have an impact on the future of the Ripple-promoted token. A recent research paper penned by the European Corporate Governance Institute (ECGI) affirms XRP’s status as a utility token — not a security — in line with the U.S. federal court ruling in July 2023. The European Corporate Governance Institute’s paper, entitled: “Corporate Governance Meets Data and Technology,” explores the evolving fundraising techniques in the blockchain space. Authored by Wei Jiang of Emory University and Tao Li of the University of Florida, the paper delves into different fundraising mechanisms, including Initial Coin Offerings (ICOs) and Security Token Offerings (STOs). The central focus of the study is the murky .

$TAO is now in wave C of a flat pattern, and it is about to bounce from the 200MA and RSI is also oversold, so when wave C ends, look for confirmation and enter a trade. 📊👌

It's an exciting time for cryptocurrency investors, with several tokens making significant gains. Hyperliquid's HYPE token, in particular, has been making waves by surpassing its previous all-time high and trading above $22. This decentralized trading protocol's unique model, which mimics the user experience of centralized exchanges, has generated considerable buzz.¹ Analysts predict HYPE's price will continue to climb, driven by its innovative approach and growing adoption. The token's success can be attributed to its emphasis on fairness, with a focus on community rewards and a non-KYC design that promotes inclusivity. In other news, VIRTUAL, an AI-driven token, has reached a $1 billion market cap, becoming the 5th largest AI token. Market experts are optimistic about its potential to overtake TAO soon. Meanwhile, SUI's network token has achieved its highest-ever weekly close, with experts suggesting that the token's price discovery is still ongoing, citing Fibonacci extension targets. SUI's surge has placed it ahead of $DOT, with $TON potential. These developments demonstrate the dynamic nature of the cryptocurrency market, with new opportunities and challenges emerging regularly. As always, it's essential for investors to stay informed and exercise caution when navigating this space.

🔔 LAST WEEK OF 2024 - A Reminder I know, no matter what I say, you’re still going to do things your way. But let me say this anyway: --- Dos & Don'ts ❌ Don’t mess up with leverage. ❌ Stop chasing green candles. ❌ Quit trying to catch every gain in the market. ❌ Stop comparing your portfolio with someone else’s. --- Stay Focused If you’re holding good coins with conviction, you’ll still make it big. Trust the process and don’t overcomplicate things. Remember: If you lose money here, you’re not just losing cash – you’re missing out on one of the biggest opportunities of your life. --- Stay smart, stay disciplined, and finish strong. Let’s make the last week count! 💪 L1 winner: $SUI US winner: $XRP Defi winner: $ENA RWA winner: $ONDO AI Agents: $VIRTUAL AI: $TAO Meme: ??? Many are there, but i have $PEPE $SHIB $BONK Currently in my watchlist - SPX6900 , $CHILLGUY , $BRETT , GIGA

$TAO Daily view: Ascending channel.