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Inside story,Ripple XRP Price is going to Hit $10 as SEC Lawsuit Ending XRP hit a three-year high, possibly driven by multiple bullish factors. Now Ripple’s XRP is the best-performing top 20 cryptocurrency today (November 29). Its price jumped to almost $1.63, a level last observed in the spring of 2021. Currently, it trades at around $1.70 representing a 13% daily increase and a staggering 200% pump in the past month. One factor potentially contributing to its rally is the recent development surrounding Ripple’s stablecoin RLUSD. Another element could be the increased speculation that the legal battle between Ripple and the US Securities and Exchange Commission (SEC) might be drawing to an end. Several days ago, the regulator’s Chairman, Gary Gensler, announced he will step down in January next year. He is known for his anti-crypto stance, and unsurprisingly, the XRP army cheered the news of his upcoming departure. The community now expects a pro-crypto leader and a favorable outcome to the lawsuit that has been ongoing for almost four years. One additional factor which might have played a positive effect on XRP’s price is the latest move from Bitwise Asset Management. The entity submitted a proposal to the SEC for a new ETF that would include ten cryptocurrencies. It is important to note that each asset in the crypto index ETF is allocated a specific share. BTC takes the lion’s share with 75.1%, while XRP accounts for 1.5%. If you are on the hunt for a token to invest in this altcoin season, then XRP probably has the most upside and the lowest risk of the majors. Also its technology is robust, and its price has been underperforming since the SEC lawsuit mess of the past four years, so it has lots of catching up to do, and it has an army of token holders that will keep it front and center of the crypto bull market story going into the new year and beyond #ThanksgivingBTCMoves #AIAndGameFiBoom #BitwiseFiles10ETFs #MarketInTheGreen #GODINDataForAI

Inside story,Ripple XRP Price is going to Hit $10 as SEC Lawsuit Ending

XRP hit a three-year high, possibly driven by multiple bullish factors.

Now Ripple’s XRP is the best-performing top 20 cryptocurrency today (November 29).

Its price jumped to almost $1.63, a level last observed in the spring of 2021. Currently, it trades at around $1.70 representing a 13% daily increase and a staggering 200% pump in the past month.
One factor potentially contributing to its rally is the recent development surrounding Ripple’s stablecoin RLUSD.

Another element could be the increased speculation that the legal battle between Ripple and the US Securities and Exchange Commission (SEC) might be drawing to an end. Several days ago, the regulator’s Chairman, Gary Gensler, announced he will step down in January next year. He is known for his anti-crypto stance, and unsurprisingly, the XRP army cheered the news of his upcoming departure.

The community now expects a pro-crypto leader and a favorable outcome to the lawsuit that has been ongoing for almost four years.
One additional factor which might have played a positive effect on XRP’s price is the latest move from Bitwise Asset Management. The entity submitted a proposal to the SEC for a new ETF that would include ten cryptocurrencies.

It is important to note that each asset in the crypto index ETF is allocated a specific share. BTC takes the lion’s share with 75.1%, while XRP accounts for 1.5%.
If you are on the hunt for a token to invest in this altcoin season, then XRP probably has the most upside and the lowest risk of the majors.

Also its technology is robust, and its price has been underperforming since the SEC lawsuit mess of the past four years, so it has lots of catching up to do, and it has an army of token holders that will keep it front and center of the crypto bull market story going into the new year and beyond
#ThanksgivingBTCMoves #AIAndGameFiBoom #BitwiseFiles10ETFs #MarketInTheGreen #GODINDataForAI

#BitwiseFiles10ETFs

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