#XRP , which could not show a significant presence due to the lawsuit filed by the SEC during the bulls in 2021, exceeded $1 for the first time in 3 years.
$XRP , which was traded at $ 0.54 at the beginning of the week, increased by almost 100 percent to $ 1.02. The cryptocurrency is finding buyers at $ 1,025 as of 12:45 GMT.
With this rise, XRP's market value surpassed Dogecoin, exceeding $ 58 billion. The rise is due to the fact that new President Donald Trump will ease regulations in the crypto sector.
Trump promises to provide cryptocurrency during the campaign period. In addition, he promised to "fire" Gary Gensler, the head of the Securities and Exchange Commission (SEC), who caused great damage to XRP's company Ripple, on his first day in office. On the other hand, Gensler made a speech on Thursday as if he was saying goodbye. The SEC chairman is expected to propose Trump's resignation in the coming days.
XRP was particularly noted for the bull market in 2018. The cryptocurrency was seen at $3.75 in a very short time after the 0.20 period at the end of 2017.
#NextMarketMoves #BTCBreaks93k #XRPUSDT #binance
