XRP is a coin known by bank coin but this project has been going through tough time because of the legal lawsuit in US by security and exchange commission. This is the government body that has been making life difficult for many project in United States and this was one of the projects that was affected badly. In last bull run cycle this project did not do well because of this law suit issue and now the security and exchange commission has confirmed that xrp is not a security.
This is a good news for the community because now at least we can expect some good momentum on the coin price where at some people also saying that spot ETF is applied for the coin. ETF is a big news for any crypto coin in the market and if xrp is going to be the third coin in the list having spot it up then image in how much money in flow it will be getting.
It is simple that when there is more money in flow we can expect good value appreciation. We cannot predict the price but overall this is a coin in the market which is not new and community is big so after this news I can see that the price is in UP trend but don't know what price it is going to touch in next few weeks or maybe days.
Things are unpredictable in the market but at the same time if market is bull is then a good value can also be seen on the coin prices and this is what we can also expect with this coin. Because I am an investor in this coins I am happy but waiting for the right time when I can book some profit so if you have any thought in suggestion about it please do share which I can go through.
Thank you so much for stopping by and if you like my content, please vote and share your thoughts in the comments section.