If You Invested $1,000 In XRP Token When SEC Lawsuit Caused Mass Panic, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
A U.S. District Judge ruled that the sale of the XRP token by Ripple is not an offer of “investment contracts”, and therefore not a security. This ruling has led to a significant increase in the price of XRP and has resulted in cryptocurrency exchanges, including Coinbase Global, adding the token back after prior delistings. The case between the SEC and Ripple remains active.
July 13, 2023 | 9:09 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Coinbase Global announced it is adding XRP back, which could potentially increase trading volumes on the platform.
The re-listing of XRP on Coinbase could attract more traders to the platform, potentially increasing trading volumes and revenues.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The price of XRP soared following the judge's ruling, and it is expected to continue to rise in the short term.
The judge's ruling has removed a significant legal uncertainty surrounding XRP, leading to a surge in its price. This positive sentiment is likely to continue to drive the price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100