key points

  • BitBoy, a popular crypto influencer, believes that XRP has the potential to kickstart another bull run after the upcoming summary judgment in the SEC vs. Ripple case.

  • If Ripple wins the case through an outright win or settlement, XRP will soar according to BitBoy. He believes that a settlement would be preferable for Ripple to avoid any further appeal from the commission, which would prolong the legal pressure on the altcoin.

  • BitBoy thinks that XRP's chances of soaring would increase if the win comes through a settlement, making XRP a unique asset declared "non-security" after the trial.

  • The outcome of the SEC vs. Ripple case will determine whether more crypto assets fall under the SEC's jurisdiction or if Ripple becomes the first crypto asset with regulatory clarity.

  • If top exchanges such as Coinbase relist XRP after Ripple wins, the price of XRP will soar again, according to BitBoy.

  • BitBoy remains optimistic about XRP's future and believes that it has the potential to be a game-changer in the crypto industry if Ripple wins the SEC vs. Ripple case.

Ben Armstrong, also known as BitBoy, is a popular crypto influencer who recently shared his views on XRP in a YouTube video. According to BitBoy, XRP has the potential to kickstart another bull run after the upcoming summary judgment in the SEC vs. Ripple case. He believes that the outcome of the case will have a significant impact on the crypto industry, as it will determine whether more crypto assets fall under the SEC's jurisdiction or if Ripple becomes the first crypto asset with regulatory clarity.

BitBoy's prediction is based on the assumption that if Ripple wins the case through an outright win or settlement, XRP will soar. He noted that the long battle might end in June or July, and Judge Torres might deliver the summary judgment anytime before then. However, he also pointed out that settlement would be preferable for Ripple to avoid any further appeal from the commission, which would prolong the legal pressure on the altcoin.

BitBoy further emphasized that XRP's chances of soaring would increase if the win comes through a settlement. This would make XRP a unique asset declared "non-security" after the trial, which could potentially drive up demand for the altcoin. However, some experts, including Paul Grewal, the Chief Legal Officer at Coinbase, and John Deaton, the CryptoLaw founder representing Ripple holders, believe that a ruling will be the decision, not a settlement.

BitBoy also mentioned that if top exchanges such as Coinbase relist XRP after Ripple wins, the price of XRP will soar again. Many crypto exchanges delisted XRP from their platforms after the SEC's case filing, causing a price crash during that period. BitBoy believes that relisting XRP on these exchanges would boost its credibility and increase demand for the altcoin.

This is not the first time that BitBoy has shared his bullish sentiments about XRP. He tweeted on April 4 that XRP would lead the next bull run if it wins without a possibility of an appeal from the SEC. He also recently stated that XRP would soon make investors rich and urged them to stick with it. Overall, BitBoy remains optimistic about XRP's future and believes that it has the potential to be a game-changer in the crypto industry if Ripple wins the SEC vs. Ripple case.

#xrp #sec #bitboy #crypto #Bullish

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