Tue 23 Apr 2024 ▪3min read ▪ byAriela R.
Ripple’s XRP stands at a crossroads today. The end of the lawsuit with the SEC could indeed mark the beginning of a new era for this cryptocurrency. Some crypto predictions place it between $100 and $10,000 in the coming months.
— JackTheRippler ©️ (@RippleXrpie) April 22, 2024The SEC v. RIPPLE case will come to an End and #XRP will become the first digital asset with FULL regulatory clarity in the United States of America for cross-border settlements!
3-5 digits per XRP is inevitable. pic.twitter.com/BmSf6jxTg6
“Crypto XRP between $100 and $10,000”, according to Jack’s bold predictions
Jack is a well-known member of the crypto XRP community. With nearly 226,000 followers, he recently shared his optimism about the future of XRP. According to this cryptography expert, the price of the crypto asset could reach between $100 and $10,000 after the resolution of the lawsuit with the SEC.
XRPUSD chart by TradingView
Jack bases this prediction on:
- the potential of tokenization,
- the possibility of regulatory clarity for XRP.
“If we consider the tokenization market, which could reach trillions, an XRP worth $1,000 would be peanuts.”
This crypto analyst’s forecasts also rest on Ripple’s ability to use XRP as the first asset for cross-border payment in the United States.
Ripple VS SEC Trial: Finally the End of A Long Crypto Battle!
The trial between Ripple and the SEC started several years ago, with allegations of violating securities laws. Ripple has vigorously contested these accusations, asserting that XRP is not a security.
Today, the legal battle between Ripple and the SEC is at a turning point. Ripple is contesting a proposed fine of nearly 2 billion dollars. “We are ready to fight this proposal and defend the integrity of Ripple and XRP”, stated Stuart Alderoty, Ripple’s legal director.
A victory for the cryptocurrency company Ripple could boost the price of XRP. A favorable outcome in the lawsuit would mean regulatory clarity for XRP, paving the way for its widespread use. Conversely, an unfavorable decision could create significant obstacles. Enough to keep cryptocurrency investors on their toes!
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Ariela R.
Je m'appelle Ariela et j'ai 31 ans. J'oeuvre dans le domaine de la rédaction web depuis maintenant 7 ans. Je n'ai découvert le trading et la cryptomonnaie que depuis quelques années. Mais c'est un univers qui m'intéresse beaucoup. Et les sujets traités au sein de la plateforme me permettent d'en apprendre davantage. Chanteuse à mes heures perdues, je cultive aussi une grande passion pour la musique et la lecture (et les animaux !)
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
