CandleFocus Ripple CEO Issues New Statement as XRP Starts Approaching $3
2024-12-02
Author: Content Editor
The XRP cryptocurrency has reached a multi-year high of $2.79, with Ripple CEO Brad Garlinghouse commenting on the rally. Garlinghouse also mentioned that Gary Gensler's departure would benefit the entire crypto market. Ripple's win against the SEC is seen as a significant blow to the SEC's actions against crypto, according to Sonala co-founder Anatoly Yakovenko. Ripple's chief legal officer, Stuart Alderoty, blamed Gensler for suppressing crypto prices. Despite being on the verge of leaving the top 10 tokens after the SEC lawsuit, XRP is now close to surpassing its all-time high. Whale activity for XRP has recently reached an all-time high. Some members of the XRP community are speculating on whether the token could reach $100, indicating market exuberance similar to the 2017 bull market. However, XRP experienced a significant loss in value during the 2018 bear market.
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