Propel

Coin

<ul class="news-points"> 
 <li><strong>XRP’s legal clarity as a non-security has yet to translate to price growth, contrasting Ethereum’s performance.</strong></li> 
 <li><strong>Ripple’s CEO hints at XRP potentially surpassing Ethereum again if regulatory dynamics shift favorably.</strong></li> 
 <li><strong>Garlinghouse advocates for XRP ETFs, predicting their inevitable approval, citing investor demand for diversified exposure.</strong></li> 
</ul> 
<p>Bill Morgan, a digital asset enthusiast, highlighted a crucial aspect of XRP’s legal journey. He noted that <a href="https://coinedition.com/ripple-xrp-price-prediction/">XRP</a>, unlike many other cryptocurrencies, obtained a court ruling declaring the token as not a security. Despite this positive legal development, XRP’s price remains relatively stagnant, hovering just above its value 11 months earlier..&nbsp;</p> 
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   <p lang="en" dir="ltr">That may be so, but then XRP obtained something superior to the speech of a senior SEC official. It obtained an order of the court that the token itself is not a security. 11 months later and the XRP price is barely above what it was before that judgement even though the whole… <a href="https://t.co/XuDcUJVs6q" target="_blank" rel="nofollow">https://t.co/XuDcUJVs6q</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1798200880212365732?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 5, 2024</a>
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<p>This stagnation persists even as the broader crypto market has shown considerable growth. Morgan’s commentary highlights the complex…</p>
<p>The post <a href="https://coinedition.com/analysts-insight-on-how-court-ruling-failed-to-propel-xrp-price/">Analyst’s Insight on How Court Ruling Failed to Propel XRP Price</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Analyst’s Insight on How Court Ruling Failed to Propel XRP Price

Coin Edition

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