Ripple and SEC end legal battle, XRP up 13%; meanwhile, MUTM has eyes on XRP throne

Key Points

1. The SEC and Ripple dismissed their appeals, ending a five-year legal battle and validating the 2023 ruling that XRP tokens sold to retail investors are not securities.

2. Ripple agreed to pay a $125 million fine and plans to resume regular business activities, with market analysts speculating about potential XRP-based financial products like ETFs.

3. Mutuum Finance (MUTM) is experiencing strong presale momentum, raising over $14,300,000, with Phase 6 tokens selling at $0.035, a 250% increase from the initial price.

4. MUTM offers peer-to-contract (P2C) and peer-to-peer (P2P) lending mechanisms, operating on a Layer-2 network, and has completed a security audit with CertiK scoring 95.00.

5. Mutuum Finance has launched a $100,000 MUTM token giveaway and a bug bounty program with $50,000 USDT rewards to enhance security and community engagement.