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XRP settles with the SEC as Toon Finance sells out Stage One Presale

28 October 2022
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XRP settles with the SEC as Toon Finance sells out Stage One Presale
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XRP V.S. SEC TFT on the rise

Meme coins, Utility coins, and even SEC considered assets are all mooning over the last few days as Toon Finance sells out of their first stage of presale. Will the SEC ever settle with XRP? More on the story continues, with so many new investors flocking into the crypto space where does one turn?

Everyday a new coin comes out or some kind of SEC Ripple hype however you have not been reading the information that XRP and SEC experts have been saying. XRP has been going through this up and down, back and forth phase for years now as the SEC rides their tail.

As October comes to an end a new coin is blasting through presale heading into some sunny days ahead as they grow their Toon Army. Toon Finance is the hottest coin on the map right now and cryptocurrency experts and market analysts have been calling this one for weeks now, saying that any day TFT will blow and raise millions of dollars before they launch.

This is humongous for the Ethereum blockchain and all of its users as new resources come available.

Toon Finance NFT Airdrop

They are also going to be dropping a community NFT project which means that they will airdrop the first 10,000 of their Toonie Army members each one NFT out of the collection. The NFT collection will be unique Toonie Cartoon characters and the artwork can be found in their TG chat or their website which is Toon.Finance.

What is an Airdrop in Crypto?

In the world of cryptocurrency, an airdrop refers to a marketing stunt where a blockchain project gives away free coins or tokens to its community. By doing this, they hope to create awareness about their project and drum up some excitement. In this article, we’ll take a closer look at crypto airdrops—what they are, how they work, and whether or not you should participate in one.

What is an Airdrop?

In the simplest terms, an airdrop is when a blockchain project gives away free coins or tokens to its community. The purpose of an airdrop is twofold: first, it creates awareness about the project; and second, it gets people excited about the project and encourages them to spread the word.

Airdrops are usually conducted by new projects that are looking to generate buzz and interest in their coin or token. However, established projects will sometimes do an airdrop as well in order to reward their loyal supporters. For example, the popular cryptocurrency project Ethereum regularly does airdrops of its native token, Ether, to holders of its older currency, ERC20.

How Do Airdrops Work?

In most cases, participating in an airdrop is fairly simple. First, you need to have a wallet that supports the currency that’s being given away. For example, if you want to receive an airdrop of Bitcoin Cash (BCH), you’ll need to have a Bitcoin Cash wallet. Once you have the right wallet set up, all you need to do is provide your wallet address to the team conducting the airdrop and they’ll send you your free coins or tokens.

It’s important to note that not all wallets support all currencies. So, before participating in an airdrop, make sure that you have a compatible wallet set up. If you don’t have one yet, don’t worry—setting up a cryptocurrency wallet is usually pretty straightforward and only takes a few minutes.

Should You Participate in an Airdrop?

Now that we know what a crypto airdrop is and how it works, you might be wondering if participating in one is worth your time. After all, getting free money sounds too good to be true—and in some cases, it actually is. Many so-called “airdrops” are actually scams designed to steal your personal information or trick you into sending money to fraudsters. So how can you tell if a crypto airdrop is legitimate?

Here are some things to look out for:

  • The team behind the project should be transparent about who they are and what they’re trying to achieve. If they’re not upfront about this information from the start, that’s usually a red flag.

 

  • Make sure there’s actual value behind the coin or token being given away. There’s no point in receiving something that’s worthless—so before participating in an crypto airdrop , research the team behind the project and make sure their coin or token has actual utility.

 

  • Be sure to read through all the fine print before participating. Some air drops require you to complete certain tasks before receiving your free coins or tokens (e.g., following them on social media or referring friends). Others might place restrictions on who can participate (e .g., only residents of certain countries). So be sure to read through all the rules carefully before proceeding .

A crypto airdrop can be a great way to get free coins or tokens—but only if it’s legitimate . Before participating in any airdrop , do your research on the team behind the project and make sure their coin or token has actual utility . Also , be sure to read through all the rules carefully so you know what ‘s expected of you . And lastly , don ‘t forget to use a compatible wallet ! With these tips in mind , you ‘ll be able to participate in air drops with confidence .

Can XRP and the SEC agree?

The Securities and Exchange Commission (SEC) has filed a lawsuit against Ripple, the company behind the cryptocurrency XRP. The SEC alleges that Ripple violated federal securities laws by selling XRP without registering it as a security. This has caused the price of XRP to plummet, and many investors are wondering what will happen next. Here’s what you need to know about the situation.

What is the SEC?

The Securities and Exchange Commission (SEC) is a government agency that regulates the securities industry in the United States. The SEC’s mission is to protect investors, maintain fair and orderly markets, and facilitate capital formation. The SEC oversees the exchanges where stocks and other securities are traded and enforces federal securities laws.

The SEC was created by the Securities Exchange Act of 1934 in the wake of the stock market crash of 1929. The SEC is headquartered in Washington, D.C., and has five regional offices across the country. The SEC is composed of three divisions: the Division of Corporation Finance, the Division of Enforcement, and the Division of Trading and Markets.

The Division of Corporation Finance is responsible for disclosure requirements and enforcing compliance with disclosure rules. The Division of Enforcement investigates potential securities law violations and brings enforcement actions against violators. The Division of Trading and Markets regulates broker-dealers, transfer agents, self-regulatory organizations, credit rating agencies, and mutual funds.

The Securities and Exchange Commission (SEC) is a government agency that regulates the securities industry in the United States. The SEC’s mission is to protect investors, maintain fair and orderly markets, and facilitate capital formation. If you’re thinking about investing in stocks or other securities, it’s important to be aware of the role that the SEC plays in regulating these markets.

The SEC’s Lawsuit Against Ripple

The SEC’s lawsuit against Ripple revolves around the sale of XRP, which is a cryptocurrency that was created by Ripple. The SEC alleges that Ripple violated federal securities laws by selling XRP without registering it as a security. Ripple denies these allegations, arguing that XRP is not a security.

The SEC’s lawsuit has caused the price of XRP to plummet, as many investors are worried about what will happen next. If the SEC proves that Ripple did violate securities laws, then Ripple could be fined or even forced to shut down. This would obviously have a negative impact on the price of XRP.

What’s Next for Ripple and XRP?

It’s still too early to say what will happen with Ripple and XRP. The SEC’s lawsuit is still in its early stages, and it could take months or even years for a final decision to be reached. In the meantime, Ripple is continuing to operate as usual and is vowing to fight the SEC’s charges. Only time will tell how this situation will play out.

The SEC’s lawsuit against Ripple is a complex situation with far-reaching implications. If the SEC proves that Ripple did violate securities laws, it could have a negative impact on the price of XRP. However, it’s still too early to say what will happen with Ripple and XRP. Only time will tell how this situation will play out.

How to purchase TFT coins

Toon Finance is the hottest coin on the block right now with the project blasting through presale and stirring up the meme coin community.

Toon Finance is a very simple presale to get into.

In order to buy your presale TFT coins you must have a multi coin crypto wallet. This is a wallet that will hold ETH coins such as MetaMask or TrustWallet. These are the two recommended wallets.

Once you have your multicoin wallet ready then you are now ready to purchase your TFT coins.

Next you will load your wallet with ETH, which is the currency for this case.

Once you have your wallet loaded with ETH all you have to do is swap it for TFT coins on the Toon Finance Buy Page.

Enter the amount in ETH that you would like to use to swap for TFT coins and click “BUY”.

Congratulations, Once you have completed this process you are now ready to shill Toon Finance with your fellow TFT Community members.

TFT DEX Exchange

Toon Finance is dropping the hottest DEX of the year for the Ethereum mainnet and it is going to be a moonrocket project as experts compare it to DOGE. Toon Finance offers a wide range of features including some P2E options and more.

Decentralized Exchanges – The Future of Crypto Trading?

A decentralized exchange is a cryptocurrency exchange which operates without a central authority. This type of exchange is often seen as more secure and less susceptible to fraud or manipulation, due to the fact that there is no central point of control. In recent years, there has been a growing trend of investors moving away from traditional centralized exchanges in favor of decentralized ones. But how do these exchanges work? Let’s take a closer look.

How Do Decentralized Exchanges Work?

A decentralized exchange is essentially a platform that allows users to trade cryptocurrencies or other digital assets in a peer-to-peer fashion. That is, trades are made directly between users, without the need for an intermediary. This is in contrast to centralized exchanges, which act as intermediaries between buyers and sellers.

One of the key benefits of decentralized exchanges is that they are often seen as being more secure than their centralized counterparts. This is because there is no central point of control, which means that it would be very difficult for hackers to gain access to user funds. Additionally, decentralized exchanges are often permissionless, meaning that anyone can use them without having to go through any kind of KYC (Know Your Customer) or AML (Anti-Money Laundering) checks.

Another benefit of decentralized exchanges is that they tend to have much lower fees than centralized exchanges. This is because there are no middlemen taking a cut of each trade. Instead, most decentralized exchanges operate on a model whereby users pay fees in the form of gas (transaction fees) to the network that powers the exchange.

Finally, decentralized exchanges offer users a high degree of control over their own data and privacy. On a centralized exchange, users must hand over personal information such as their name, address, and date of birth in order to comply with KYC/AML regulations. However, on a decentralized exchange, such information is not typically required. This means that users can trade anonymously if they so choose.

Decentralized exchanges are becoming increasingly popular among cryptocurrency investors and traders. They offer several key benefits over traditional centralized exchanges, including increased security, lower fees, and greater control over user data and privacy. If you’re looking to get started in crypto trading, then a decentralized exchange may be the right choice for you.

Toon Finance ICO added to Crypto.com and CoinMarketCap.com and is one of the leading “ICOs” on the two platforms receiving a lot more hype than the recent TAMA pup.

Toon Finance Protocol | Telegram | CoinMarketCap | Toon Finance Coin Presale

 

Credit: Source link

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Tags: financePresaleSECSellsSettlesStageToonXRP
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