CandleFocus 'XRP Is a Beast,' TechCrunch Founder Says, Reacting to XRP's Mammoth Surge
2024-12-02
Author: Content Editor
Ripple-affiliated cryptocurrency XRP has experienced a significant surge in price, surpassing $2 and reaching a nearly seven-year high of $2.49. The surge in price has been attributed to large XRP wallet holders accumulating coins, as well as expectations of forthcoming cryptocurrency regulation in the US. The price rally follows news that the current head of the Securities and Exchange Commission, Gary Gensler, will resign in January 2022. The surge in price has allowed XRP to reclaim its position as the third-largest cryptocurrency by market capitalization.
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