The cryptocurrency market is buzzing with excitement as $XRP finally breaks through the $1 mark, a milestone it hadn’t achieved since 2021. Rising from $0.54 earlier this week, $XRP has surged by nearly 100%, currently trading at $1.025.
What’s Driving XRP’s Historic Rise?
1️⃣ Trump's Pro-Crypto Policies:
President-elect Donald Trump has vowed to ease crypto regulations, creating optimism in the market.
A promise to dismiss SEC Chairman Gary Gensler—a key figure in Ripple’s legal battles—has fueled investor confidence.
2️⃣ Ripple’s Market Comeback:
XRP’s market cap has surpassed $58 billion, overtaking Dogecoin to claim its place among the top assets.
A favorable regulatory environment could reignite Ripple’s growth and adoption.
3️⃣ Historical Momentum:
XRP’s price surge brings back memories of its 2018 bull run, when it skyrocketed from $0.20 to $3.75 in record time.
Current Market Stats for $XRP :
Price: $1.068 (+29.42%)
Market Cap: Over $58 billion
Trading Volume: High, reflecting strong market activity
What’s Next for XRP?
With optimism surrounding Trump’s presidency and the potential dismissal of SEC Chair Gary Gensler, XRP could be poised for further gains:
Short-Term Targets: Analysts suggest XRP could test resistance levels at $1.20–$1.50 in the coming days.
Long-Term Potential: If Ripple gains full regulatory clarity, XRP may revisit its 2018 highs of $3.75 or beyond.
Investor Sentiment
The market sees this rally as a turning point for XRP. With increasing institutional and retail interest, the cryptocurrency is gaining momentum in its bid to reclaim past glory.
Are you bullish on XRP’s next move? Share your thoughts below! 🚀
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