Dogecoin

Cardano

Credits

Rise

<ul>
 <li>Ripple CEO Brad Garlinghouse has attributed XRP’s 100% surge to $1.14 to Donald Trump’s victory, which signals a pro-crypto shift in the regulatory landscape.</li>
 <li>While XRP and Cardano have been amongst the best preforming tokens in the U.S, Dogecoin has outperformed both.</li>
</ul>
XRP, one of the most popular cryptocurrencies is making headlines with its remarkable price surge. While many could only be benefiting from the current bull run, XRP is commemorating a separate occasion. Donald Trump‘s election as U.S. 47th president means a change in crypto’s regulatory landscape and XRP being the most popular victim is celebrating this with a price uptick.&nbsp;
XRP has exhibited<a href="https://www.ethnews.com/xrp-skyrockets-whales-hoard-millions-as-retail-folds-whats-next/" target="_blank" rel="noopener noreferrer nofollow"> remarkable performance</a> amid the current bull run, In fact, at the time of press, Ripple’s XRP is exchanging hands with $1.15 marking a 5.77% surge in the past 24 hours. Focusing on XRP’s price from a wider perspective, the digital asset has recorded&nbsp; 100% and 107.94% in the past week and month respectively.&nbsp;
In the same vein, XRP’s significant rally comes at a time when Bitcoin, the king of crypto is trading above the 90,000 mark with current readings stopping at $91,784.27 marking an 11.76% surge in the past week following its peak of $93K earlier this week.
Notably, XRP was at just $0.4935 two weeks ago and has since surged to $0.9821. This marks a massive 99% gain since early November. This remarkable performance has garnered attention from industry leaders, including Ripple’s CEO Brad Garlinghouse.
<h3 id="b-trump-s-election-fuels-optimism-b">Trump’s Election Fuels Optimism</h3>
Recently <a href="https://x.com/bgarlinghouse/status/1857551693967216766" target="_blank" rel="noopener noreferrer nofollow">speaking</a> to a leading news outlet, Brad Grlinghouse, Ripple’s CEO credited XRP’s rally to the hopes of a brighter regulatory landscape under the leadership of Donald Trump. Garlinghouse noted that Trump’s victory represents a shift in sentiment for U.S.-based crypto companies, which have long faced scrutiny and legal challenges from the SEC.
“This shouldn’t be a surprise,” Garlinghouse said, emphasizing the link between Trump’s election and the easing of regulatory pressure.&nbsp;
Additionally, Gsrlinghouse <a href="https://www.ethnews.com/donald-trumps-pro-cryptocurrency-stance-at-libertarian-convention-advocates-for-ross-ulbrichts-release/" target="_blank" rel="noopener noreferrer nofollow">praised</a> Trump for his pro-crypto stance and his commitment to restructuring the SEC. Reminiscing, in July, Trump promised to fire Gary Gensler on day one however technically, he can’t remove Gensler (without cause) until his term ends in 2026.
<h3 id="b-xrp-and-ada-among-top-performers-b">XRP and ADA Among Top Performers</h3>
Since Trump’s victory, &nbsp;Cardano has also seen remarkable growth, at the time of writing, Cardano’s ADA is trading hands with $0.759 representing a 5.00% surge in the past 24 hours. Additionally, the token has surged by 28.71% and 114.80% in the past week and month respectively.
While XRP and ADA lead the pack among U.S&nbsp; tokens, meme coin Dogecoin has outperformed both, driven by speculative trading and market enthusiasm.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">NEW: <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Ripple</a> CEO <a href="https://twitter.com/bgarlinghouse?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@bgarlinghouse</a> tells <a href="https://twitter.com/LizClaman?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@LizClaman</a> that since Election Day the best performing <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#crypto</a> assets (besides <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>) are all related to U.S. companies — <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a>, <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>, <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ADA</a>. He says that shouldn’t be a surprise given the pressure now expected to be lifted from U.S. crypto…
 — Eleanor Terrett (@EleanorTerrett) <a href="https://twitter.com/EleanorTerrett/status/1857528730144440638?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 15, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Notably, DOGE is exchanging hands with $0.3728&nbsp; marking a 1.97% and 28.98% in the last 24 hours and week respectively. Holding the 7th position, the digital asset with a $54.68B amrket cap has undergone a 154% upsurge in the past month.
The post <a href="https://www.ethnews.com/ripple-ceo-lauds-xrps-100-rise-to-1-15-credits-trumps-market-influence/" rel="noopener noreferrer nofollow">Ripple CEO Lauds XRP’s 100% Rise to $1.15, Credits Trump’s Market Influence</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

Ripple CEO Lauds XRP’s 100% Rise to $1.15, Credits Trump’s Market Influence

Table of Contents

ETHNews

Other articles published on Nov 19, 2024

Crypto Casino Metawin Hacked for $4M+ Due to Withdrawal System Exploit

Bluntz Predicts Dogecoin Price Surge to $0.85

Is It Too Late To Buy VVAIFU? Dasha Price Skyrockets 42% And This Might Be The Next Crypto To Exp...

TMTG, Trump’s media group can acquire Bakkt soon

Bitcoin Surges Past $81,000 Amid Trump’s Victory and Pro-Crypto Political Shift

Industry-Specific AI: Transforming Education, Agriculture, and Engineering

Join our free newsletter for daily crypto updates!