Ripple is the Next Big Thing in the Crypto Market!

क्रिप्टो मार्केट में रिपल अगली बड़ी चीज है
  •  Ripple is the next big thing in the crypto market!
  •  Buy it now while you still can and reap the benefits!
  •  The conclusion of the Ripple vs SEC court case is expected to trigger XRP’s value in 2022
  •  Technically speaking, Ripple’s price is on the upward path recently.
  •  The cryptocurrency has found some reliable support near the 50-day EMA (Exponential Moving Average) at US$0.74 to make it to US$1.
  •  How XRP vs SEC Court Could Impact Ripple’s Price?
    In December 2022, SEC filed a case against Ripple Labs, accusing the company of trading.

    Ethereum coin with bull and stock chart. Bullish market of ETH.

What’s Going on with Ripple and XRP Coin?

Ripple’s native currency, XRP has surged ahead in February as confidence in the market rises that there might be a positive end for the decentralized ecosystem in the XRP vs SEC court case. Ripple Labs, the company behind XRP coin, has also bought back some of its shares as it prepares for a potential public stock exchange listing after the court case concludes.

100 Banks Are Using Ripple’s Blockchain To Handle Their Cross-Border Payments

Ripple’s price went up by 35,000% in less than a year and reached a record high in early 2018. The company behind it managed to achieve a threshold of 100 banks worldwide that signed on to RippleNet.

Bitcoin cryptocurrency gold coin. Trading on the cryptocurrency exchange. Trends in bitcoin exchange

Ripple Labs is starting to feel the heat

In December 2022, SEC filed a case against Ripple Labs, accusing the company of trading XRP as unauthorized security. SEC alleged that Ripple Lab raised over US$1.3 billion through an unregistered, ongoing digital assets security offering. Since then, the investors are seeing light at the end of the tunnel.

Ripple Labs is starting to feel the heat

In December 2022, SEC filed a case against Ripple Labs, accusing the company of trading XRP as unauthorized security. SEC alleged that Ripple Lab raised over US$1.3 billion through an unregistered, ongoing digital assets security offering. Since then, the investors are seeing light at the end of the tunnel.

Crypto coins and graphs in the computer screen

The Case For Ripple: XRP Vs The SEC

Ripple’s price is completely relying on the XRP vs SEC court case now. If it comes in favor of Ripple, then it is not just success to the company, but the whole cryptocurrency market. That will be the first time a decentralized medium has ever won against a government wing.

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