If you invested $1,000 in XRP when SEC sued Ripple, you’d have this much now
Despite it being one of the most prominent and recognizable cryptocurrencies in the world, the price of XRP has been depressed for years and even missed the majority of the 2024 bull market due to the 2020 Securities and Exchange Commission (SEC) lawsuit against Ripple Labs and the subsequent legal battle. Despite the courtroom fight not being quite finished – it will enter its next and possibly final chapter in January 2025 – XRP has recently exploded in value on a string of positive news. Specifically, Donald Trump’s re-election – and the anticipated pro-cryptocurrency pivot expected from it – and the news that SEC Chair Gary Gensler will resign on January 20 served to ignite the built-up optimism from Ripple’s courtroom wins. Picks for you Cardano (ADA) could crash 20% warns expert 34 ...