CandleFocus

Tokens in SEC’s ‘crosshairs’ could benefit from new era: Kaiko

Author: Content Editor
XRP has experienced a significant increase in value, with a 120% rise in the past week. This surge in volatility and realized volume suggests a broader base of support and implies the move is more than just a fleeting change. The data also indicates that tokens previously under scrutiny from the SEC could potentially see some relief and a potential jump in value as the agency enters a new era. There is speculation about who will be chosen to lead the agency under President-elect Donald Trump's administration. Additionally, the interest in XRP suggests that investors see crypto as an investment in the future rather than simply gambling. While memes and fun are still part of the crypto space, there is a growing emphasis on the valuable technology and concrete interest in the industry.

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