The following is from the chief analyst's point of view:
XRP and the US Securities Commission (SEC), the probability of reconciliation is close to 100%‼ ️
The price will break through 1u after the lawsuit is settled📈📈
In all the articles recommending spot commodities before the chief, including in the live broadcast and fan interaction questions, when asked about some spot commodities recommended by the chief, the first recommendation of the chief was SOL, followed by Ripple. Then you can see that in the past two days, the chief issued a recommendation for Ripple. After the suggestion, Ripple rose straight.
Why do we recommend Ripple so much? It mainly comes from the difference in national conditions. In Chinese courts, civil litigation disputes are mainly handled according to legal provisions. To conduct trials, while in the federal courts of the United States, the basis for the court's judgment of the case is mainly based on case law. For example, for cases of the same type, when the court hears the lawsuit, it will refer to the judgment results of other weekly legislative courts before. As a basis for conducting subsequent case trials. This is called case law in the United States, which is protected by laws and constitutional provisions. After being sued by the US SEC, Ripple's market value plummeted and its price plummeted. The main reason for the prosecution is that Ripple is a security. Ethereum is also facing similar lawsuits recently. However, it can be seen that Ethereum successfully obtained the spot ETF approval from the SEC after winning the lawsuit. Then according to the relevant US laws and case law, this time the lawsuit between Ripple and the SEC. There is a nearly 100% probability that Ripple will win the case and pay part of the fine to the SEC, and the settlement will be the final judgment. You can refer to the surge in Ripple on July 13, 2023. After the market released the news of the settlement between Ripple and the SEC, Ripple rose 100%. In just 48 hours, it can be seen that if Ripple can successfully obtain a settlement with the SEC, the upward space is very large.
