CandleFocus Prominent advocates and analysts say XRP’s days below $1 are over
2024-11-23
Author: Content Editor
The content discusses the recent bullish momentum of XRP and claims by prominent commentators that the cryptocurrency may never fall below $1 again. Key figures like John Deaton are optimistic about XRP's future, projecting a $100 billion market cap and stating that the days of its underperformance are over. XRP's price has been rising as SEC Chair Gary Gensler prepares to step down, reaching its highest price since May 2021 at $1.49. Currently trading at $1.57, XRP has seen a significant growth of 49.71% in under 48 hours. Analysts believe that XRP may have overcome the days of dipping below $1, and some influencers and experts are confident about its rising value. The content also highlights the SEC's lawsuit against Ripple in 2020 and discusses optimism about a potential regulatory shift under the new leadership of Donald Trump.
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