The price of XRP experienced a slight dip of 0.81% on January 18, closing at $3.2668. This occurred during a period of volatility in the broader crypto market, where the global market cap decreased by 0.32% to $3.56 trillion. The drop in XRP's price reflected a cautious sentiment ahead of Donald Trump's inauguration, as investors anticipated regulatory changes under the new administration. Trump announced the launch of his own cryptocurrency, MemeCoin, which aligns with his pro-crypto stance. This development, along with Ripple's ongoing legal battles and the departure of SEC Chair Gary Gensler, could potentially benefit Ripple's legal position. Reports also emerged that the SEC may pause or withdraw non-fraud crypto cases, which could have a positive impact on the Ripple vs. SEC case. Trump's nomination of Paul Atkins, a crypto advocate, as the new SEC Chair has further fueled market optimism. The outcome of the Ripple vs. SEC case will heavily influence XRP's price trajectory, with a withdrawal potentially pushing XRP above its 2018 all-time high. However, if the SEC pursues its appeal, XRP could retreat toward $2. The future of XRP depends greatly on regulatory developments, Ripple's legal outcomes, and broader economic and policy trends in the crypto market.



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