Ripple, Shiba Inu, Dogecoin: the big secret has finally been revealed

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Dogecoin – Doge 4-hours

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Investing.com – The , the and the all recorded gains this Friday, February 4, 2022. The rose 2.13% to $0.6102, while SHIB/USD gained 2.19% to $0.00002102 and the climbed 1.49% to $0.1384.

Ripple: the outcome of the dispute with the SEC sets precedents

The litigation between Ripple and the SEC is being watched by the entire cryptocurrency industry. If the SEC wins its case and XRP is declared as a security, the authority could put in place strict legislation that would regulate the entire industry.

Whatever the court’s final decision, it will be a beacon guideline for the future of the crypto industry in the United States, as Katherine Dowling, legal counsel at Bitwise Asset Management explained:

“Either way, we will have a decision that will be used by other actors in this field to justify their actions and decisions.”

Shiba Inu finally lets go

Since the end of last year, we have regularly heard that a big announcement was imminent. Speculation ranged from partnerships with McDonalds to Netflix (NASDAQ:) – now the cat is out of the bag.

After the Shiba Inu attracted the interest of a growing number of companies and it was already possible to pay with SHIB at Travala, GiftChill, AMC (NYSE:) and BitPay, something new had to be found, something that did not yet exist.

With the Italian burger restaurant Welly’s, we found a partner who was not only ready to accept Shib as a form of payment, but also to adapt its entire visual identity with the SHIB logo.

In Naples, Welly’s is challenging established brands like McDonalds and Burger King and could now, with the support of the community, be just the start of its victorious march against fast food groups.

Dogecoin: the great tremor continues

Dogecoin appears to have established support at the $0.1366 area for now, as that is where a recovery started, back at the 78.6 percent Fibo retracement of $0.1401 .

However, to avoid a drop to the recent low of $0.1204, a sustained rise above the Fibo retracement is needed.

By Marco Oehrl

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