Will the value reach 5 dollars by the end of $XRP ?
Last week, the SEC chairman officially announced that he would resign on January 20, 2025, around the time Trump takes office. After the news broke, the sentiment in the crypto market improved, causing a surge of nearly 30% in several long-term 'SEC securities' like XRP and ADA that have faced regulatory pressure from the SEC.
The rise of XRP following the SEC chairman's resignation is not only driven by sentiment but also reflects various market expectations. Firstly, XRP may be relisted on more exchanges, enhancing its market liquidity, as Robinhood relisted Ripple (XRP) on November 13. Secondly, Ripple's business operations will focus more on core technology rather than legal battles.
Currently, several ETF issuers, including 21Shares and Bitwise, have submitted applications to the SEC to launch a spot XRP ETF, further highlighting the market's confidence in XRP's future development.
The regulatory environment is unpredictable, and the Trump administration may rewrite crypto rules. XRP investors are preparing for what could be a once-in-a-lifetime opportunity. While the risks are undeniable, the potential for XRP to rise against the odds and deliver extraordinary returns has never been so tempting.
So, are you ready to bet on XRP's future? Will it soar to dizzying heights or face new obstacles in an uncertain market? Can it break through to a multiple growth and reach 5 dollars by the end of the year? I already have the answer in my mind.
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