Media personality Ben Armstrong, also known as BitBoy, has shared his views on how the price of XRP could react if Donald Trump fires SEC Chairman Gary Gensler. Many XRP holders blame Gensler for hindering XRP's potential during the 2021 bull run and believe his dismissal could lead to a significant increase in the XRP price. However, it is unclear how Gensler's dismissal would directly impact XRP, as the asset is no longer involved in the lawsuit and has secured favorable regulatory clarity. Armstrong's view was widely shared among market commentators, but some expressed disagreement and suggested he is giving false hope to XRP holders. Some comments also suggested that Gensler might voluntarily resign to avoid being forced out.



Other News from Today