Ripple (XRP) skyrockets

The token of Ripple Labs, XRP reaches the highest levels in three months 

XRP, Ripple’s native token yesterday returned to the highs it has touched in the past three months buoyed by a wave of buying due to the approaching verdict on the lawsuit filed by the SEC. 

The SEC (Securities and Exchange Commission) is the regulatory body that is responsible for, among other things, verifying the lawfulness of financial instruments.

The token’s performance took it to $0.431. 

Since the beginning of the year, XRP has recovered 18% from the lows of this bear market, and the trend shows no signs of stopping given the approach and especially the optimism of the parties involved.

A week ago Brad Garlinghouse, CEO of Ripple Labs spoke positively on the lawsuit filed by the US regulator against the company he leads. 

Following his words, the rush to buy the token by many investors was not long in coming, and the liquidity returned promptly, along with the volumes. 

At the microphones of CNBC, Brad Garlinghouse spoke on the sidelines of the World Economic Forum in Davos. 

In Switzerland, the CEO expressed optimism about a positive outcome of the judge’s ruling regarding the SEC – Ripple case.

Read More: https://en.cryptonomist.ch/2023/01/24/ripple-xrp-skyrockets/

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15,000 mlx total
$0.00754465 total
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