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1036. XRP Skyrockets As Gary Gensler Asks For More Funding | SEC vs Ripple

18 min • 30 mars 2023
Latest data revealed that Ripple’s (XRP) social dominance has skyrocketed, reflecting its popularity in the crypto space. The credit for this surge can be given to XRP’s price action, as it registered nearly 30% growth over the last week. On March 26, Deaton tweeted that XRP offers the most attractive risk/reward ratio, in his opinion. He believes that the judge’s ruling on the case will come within the next few weeks and speculates on the potential outcomes. If the SEC wins, he suggests that the downside from $0.45 would be minimal, with Ripple likely to appeal and maintain the status quo. However, the upside could be significant if Ripple wins and XRP is not deemed a security.
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