Ripple is amazing...
A few days ago, I posted a scathing critique of Ripple, but with great preparation. This news makes me feel like I was late to the party.
1. 13 million XRP burned, experts predict it could go to $6.4 due to increased scarcity
2. on the 14th, crypto news outlet Crypto News reported that Ripple CEO Garlinghouse met with President Donald Trump and his entourage to discuss listing Ripple on an ETF.
3. Trump's crypto-friendly stance is seen as a potential advantage for Ripple. There is speculation that Trump could replace SEC Chairman Gary Gensler, who played a key role in the lawsuit against Ripple, as early as 2025. The appointment of a new crypto-friendly SEC chairman could ease pressure on Ripple and bolster the price of XRP.
4. Possible Ripple-Cardano Collaboration Sparks Community Expectations
