CandleFocus Top Lawyer Explains Why XRP is Worst Performing Coin in Top 10
2024-11-07
Author: Content Editor
Attorney Bill Morgan responded to criticism about XRP's underperformance compared to Bitcoin, acknowledging that XRP has been the worst-performing coin among the top 10 cryptocurrencies over the past year. He attributed this underperformance to the ongoing legal battle between the U.S. SEC and Ripple, which has negatively impacted XRP's price. Morgan also noted that some entities still confuse XRP with Ripple, further impacting its price. Despite its underperformance, XRP remains among the top 10 cryptocurrencies by market cap and continues to attract significant interest. The lawsuit between the SEC and Ripple is currently in the U.S. Court of Appeals, and if not settled, it could affect XRP's performance until 2026.
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