🚨 XRP's Massive Price Surge Amid Major SEC Shakeup! 🚨
The crypto world is buzzing as XRP soars past $1.40, marking a 27% daily increase and a 162% gain over the past 30 days! This explosive growth came right after U.S. SEC Chair Gary Gensler announced his resignation, set for January 20, 2025.
Here’s what you need to know:
🔹 Gensler’s Exit: Gensler confirmed his resignation ahead of Donald Trump's anticipated presidency. Trump had pledged to fire Gensler on day one of his inauguration.
🔹 Ripple Lawsuit Legacy: Although Gensler didn’t file the Ripple lawsuit, he led the case for nearly four years. With his departure, the XRP community is optimistic about new SEC leadership, potentially bringing favorable crypto regulations and a resolution to the Ripple lawsuit.
🔹 XRP Price Explosion: Following the news, XRP hit an intraday high of $1.43, the first time since the 2021 bull market!
🔹 Positive Metrics:
Open Interest Surge: Increased by 31.72% to a record $2.42 billion.
Whale Activity: Large wallets (holding >1M XRP) accumulated 453.3M coins, while smaller holders sold 75.7M XRP.
Trading Volume in South Korea: XRP outperformed Bitcoin, with $2.29 billion in trading volume on Upbit, compared to Bitcoin’s $798.82 million.
Market Cap Growth: XRP's market cap jumped by $14 billion, now standing at $79.96 billion.
This development has ignited fresh optimism in the XRP community, with many expecting the token to climb to even greater heights. Could this signal a new chapter for crypto under a revamped SEC?
📢 What do you think? Will XRP break new records? Share your thoughts below!
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