Ripple update: Out of curiosity, what do you think will happen to the price of XRP when (if) the SEC finally announces that it’s not a security?
I was talking to a buddy of mine and brought a conversation about the SEC’s declaration of whether XRP is a security or not.
If it’s deemed a security on the side, what do you think would happen to the price when it’s not? The price will more than likely go up, but how much would you guess? I told my friend it’ll hit a $1 to $2 dollars, he told me it would go to $5 that same day. These are all random price predictions, obviously we won’t know until that day comes, just having some fun while we wait.
Side note- not trying to spread FUD, I’m just genuinly curious. I personally believe (based off my own research and what Ripple has announced over and over again) that it will not be deemed a security. I included the “if” because after all the shit I’ve seen happen in crypto, it can definitely go either way.
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
Author: iLLyNoiZe
Score: 5
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