2024

Coin

<ul class="news-points">
 <li>XRP price experiences extreme volatility, surging then dropping.</li>
 <li>Ongoing SEC lawsuit creates uncertainty and impacts XRP price.</li>
 <li>Investors anxiously await the lawsuit’s outcome and its effect on XRP’s future.</li>
</ul>
XRP price soared to $2 on MEXC and TradingView, only to be met with a sudden rejection, as highlighted by analyst Amelie.
This volatile movement has left many traders perplexed, especially with <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">the live price</a> currently at $0.643578. Despite a notable 7.66% increase in the last 24 hours, the market remains jittery.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 WOW! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"> The <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> price just hits $2 on MEXC platform &amp; Tradingview but got rejected! What is going on behind the scenes? <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/xWdXaZGYWx" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/xWdXaZGYWx</a>— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) <a href="https://twitter.com/_Crypto_Barbie/status/1817973624088969301?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 29, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
The ongoing legal battles between XRP and the SEC remain in the spotlight, impacting the cryptocurrency’s price. As <a href="https://x.com/freddyriz/status/1818326677220716662" target="_blank" rel="noopener noreferrer nofollow">the community eagerly anticipates</a> the remedies ruling, the latest speculation includes reports of secret meetings and unverified claims, as noted by author Marc Fagel. A unique angle emerging from these discussions <a href="https://x.com/freddyriz/status/1818339740162437501" target="_blank" rel="noopener noreferrer nofollow">is the supposed difficulty the SEC faces</a> in securing necessary legal agreements, even humorously involving Wend…
The post <a href="https://coinedition.com/xrp-price-surge-and-dip-what-does-the-sec-lawsuit-mean-for-investors/" rel="noopener noreferrer nofollow">XRP Price Surge and Dip: What Does the SEC Lawsuit Mean for Investors?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRP Price Surge and Dip: What Does the SEC Lawsuit Mean for Investors?

Coin Edition

Other articles published on Jul 31, 2024

Peter Schiff Slams Michael Saylor's Bitcoin Excitement

Analis Senior Peter Brandt dan Prediksi Bearish pada Bitcoin

Top 5 Meme Coins That Could Explode This August: 10X Picks

DappLaunch Early Momentum Attracts Top Tier Web3 Leaders (31 Jul)

Bitcoin fails to hold onto $70,000 – Now what?

SEC Withdraws Solana Security Request

Join our free newsletter for daily crypto updates!