If You Invested $1,000 In XRP Token When Snoop Dogg Performed At Ripple Community Event At Consensus 2018, Here’s How Much You’d Have Today
The price of the XRP Token (CRYPTO: XRP) from Ripple continues to climb thanks to optimism about the incoming White House administration and potential XRP ETFs, leading to the cryptocurrency recently flipping Tether and Solana to become the third-largest crypto.
What Happened: The price of XRP is up 87% over the last seven days, hitting new one-month and one-year highs.
The price action could be pinpointed to the anticipation of new leadership at the SEC, a financial institution that has often clashed with Ripple. A new change could see XRP and other cryptos face less or no government resistance moving forward, minimizing risk for investors.
Cryptocurrency experts also told Benzinga that Ripple’s partnerships with financial institutions could be the reason for the increase in cryptocurrency’s price. The filing of several XRP ETFs also has investors excited about a potential larger spotlight on the cryptocurrency and more …
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