CandleFocus Pundit Says XRP May Never Be This Low Ever Again
2024-10-18
Author: Content Editor
Community commentator "CryptoTank" believes that XRP may not trade below $1 again and that significant developments are on the horizon for the cryptocurrency. He points to Ripple's chairman and CEO speaking at a Federal Reserve meeting as a reason for optimism. Other commentators agree, stating that XRP's non-security status and upcoming developments like the RLUSD stablecoin and XRP ETFs could lead to increased demand and potentially initiate a bull run. However, some market participants remain skeptical based on past events not significantly impacting the asset's valuation.
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