Posts

Showing posts with the label regulatory wins

XRP's Rise To $5 Is Imminent, Here's Why

Image
Ripple’s XRP has been trying to reach its all-time high for the last seven years. The asset only got slightly closer this year after a rather long wait. Amidst this uptick, the third-largest altcoin took a major hit just yesterday. XRP dipped below the coveted $3 mark shattering the hopes of the community. But the asset was seen recovering in no time as Ripple managed to snag prominent licenses in the United States. Also Read: Tuttle Capital Targets SEC Approval for XRP, Cardano, Chainlink, Polkadot, and Bonk ETFs XRP Emerges As A Top Gainer Source: CoinPedia During the time of writing, the altcoin was trading at $3.11. This comes after a 12.20% rise over the past 24 hours. The magnitude of the cryptocurrency’s uptick made it one of the top performers of the day. Earlier today, the altcoin dipped to a low of $2.71. Source: CoinMarketCap While the overall market was recovering, XRP was pocketing much bigger gains. This was credited to Ripple’s regulatory wins. Ripple re...