XRP/USDT (XRP)
Price: $1.15 (+31.59% last 24hrs)
$XRP dormant coin surged surprisingly?
Ripple Labs (XRP company) was facing lawsuit in US SEC since 2020, but now SEC itself faces legal troubles and favorable regulatory shift looms due to political shift in US (Trump's victory) and current SEC chairperson Gary Gansler hinted to resign by Jan 2025.
How Trump's victory effect Crypto Market?
Investors were seeking for a valid reason to put in their assets and create a chaos in crypto market. As Trump won, investors jumped in and started the $BTC bull run followed by some other ALT coins like $XRP,$DOGE etc.
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Disclaimer : Remember, this article is for informational purposes only and should not be considered financial advice. Always conduct your own research (DYOR) or consult a financial advisor before making any investment decisions.