Despite the resolution of the SEC-Ripple lawsuit, XRP continues to struggle with its price performance.
Although Ripple reached a court settlement involving a $125 million penalty for the improper sale of XRP tokensâless than the $2 billion the SEC initially soughtâthe anticipated price surge has not materialized.
A recent social media post by commentator âMax Primeâ has labeled XRP as one of the biggest scams in cryptocurrency.
Max Prime criticized XRP for failing to sustain a price rally following the settlement. Despite a brief 26% increase in XRPâs value shortly after the lawsuitâs resolution, the price has since declined and remains below $0.60, leading to discontent among XRP supporters.
While Max Primeâs comments reflect frustration over XRPâs stagnant price, many in the XRP community remain optimistic.
They argue that current market conditions, which feature widespread price corrections and a period of consolidation across cryptocurrencies, are affecting XRPâs performance.
The broader crypto marketâs trend suggests that labeling XRP as a scam may be premature, as it could still see growth when the market recovers.
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