Sec Case Over But Bull Run Missing? XRP Holders Wonder Where The Gains Are

2023-8-7 02:38

XRP communities are questioning why the cryptocurrency has been so quiet after winning a key victory against the SEC. In a bullish market, the legal clarity likely would have boosted XRP’s price.

While the legal victory for XRP should have been a positive catalyst, several factors have limited its impact so far. Here is our overview of what happened and why it happened with the XRP price.

The timing of the announcement amid a bear market has hampered XRP’s potential gains. Crypto prices are down across the board as Bitcoin struggles, limiting upside for altcoins like XRP.

It often takes time for the benefits of regulatory clarity to materialize in the form of price appreciation. Investors and exchanges need to adjust to the new landscape, and this transition does not happen overnight.

Ripple itself has been relatively quiet after the court victory, not announcing any major plans to showcase XRP’s utility or potential. Without a clear roadmap from Ripple, interest in XRP is likely to remain tepid.

External events and macro factors are overshadowing the SEC case resolution for now. Ongoing instability in markets related to high inflation, rising rates and geopolitical tensions have investors seeking stability, not risk.

In the long run, winning the lawsuit removes a major impediment to XRP’s adoption and growth. But for the benefits to be fully realized, Ripple will need to provide a compelling vision for XRP that aligns with the current market environment. Only then will investors’ frustration over the lack of meaningful price action so far give way to renewed optimism.

In summary, while the legal victory was necessary, it is not sufficient on its own to propel XRP higher. A confluence of additional factors – both within and beyond Ripple’s control – will determine XRP’s ultimate fate. The road ahead may remain bumpy in the near term, but the longer-term outlook has undoubtedly brightened with one less obstacle to overcome.

The price of XRP (XRP) is $0.626196 today with a 24-hour trading volume of $735,141,875.31. This represents a -0.24% price decline in the last 24 hours and a -12.41% price decline in the past 7 days. With a circulating supply of 53 Billion XRP, XRP is valued at a market cap of $33,043,575,106.

The post Sec Case Over But Bull Run Missing? XRP Holders Wonder Where The Gains Are appeared first on CaptainAltcoin.

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Ripple (XRP) на Currencies.ru

$ 3.123 (-0.05%)
Объем 24H $6.88b
Изменеия 24h: 2.72 %, 7d: -0.01 %
Cегодня L: $3.0558 - H: $3.1436
Капитализация $180.012b Rank 3
Цена в час новости $ 0.625 (399.68%)

xrp sec bullish victory winning key against

Источник: captainaltcoin.com

xrp sec → Результатов: 126


Фото:

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XRP готовится бросить вызов $0,60, торгуясь в рамках бычьего канала

По мере того, как усиливаются дискуссии вокруг крайнего срока подачи апелляции SEC, цена XRP начала расти в рамках бычьего канала. Достигнет ли она отметки $0,60? С приближением крайнего срока подачи SEC важнейшего заявления Form-C по продолжающемуся делу Ripple цена токена XRP демонстрирует бычий рост.

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2024-10-11 09:52


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Комиссия по ценным бумагам и биржам США (SEC) предполагает, что компания Ripple использовала торговых ботов от GSR Markets для фальсификации торговой активности и поддержания курса XRP.

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By The Numbers: Deciphering XRP’s Lost Momentum Amid The SEC Lawsuit

The US Securities and Exchange Commission’s (SEC) legal tussle with Ripple over the XRP token may have significantly set its trajectory back in the US market. Crypto lawyer John Deaton explained this in an X (formerly known as Twiter) post uploaded earlier today, shedding light on the ramifications of the SEC’s lawsuit on XRP’s potential adoption in the US.

2023-8-23 00:00


Адвокат XRP: Апелляция SEC не повлияет на Ripple

Адвокат XRP Джон Дитон заявил, что апелляция Комиссии по ценным бумагам и биржам США (SEC) против решения суда о том, что XRP не является ценной бумагой, не станет серьезной неудачей для Ripple. По его словам, даже если SEC подаст апелляцию в суд второй инстанции, то процесс может занять до двух лет, а тем временем решение… Сообщение Адвокат XRP: Апелляция SEC не повлияет на Ripple появились сначала на Hash Telegraph.

2023-7-23 12:44


XRP начал дорожать на фоне важной судебной победы Ripple над SEC

Крипторынок с воодушевлением отреагировал на решение суда по иску Комиссии по ценным бумагам и биржам США (SEC) к компании Ripple. Цена XRP сразу подскочила до $0,59 и продолжает расти.

2023-7-14 20:37


Майкл Сэйлор назвал XRP и ETH неэтичными криптовалютами

Сооснователь MicroStrategy прокомментировал судебное разбирательство компании Ripple с Комиссией по ценным бумагам и биржам США (SEC), назвав XRP незарегистрированной ценной бумагой, а эфир — неэтичной криптовалютой.

2022-12-7 14:20


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