Ripple’s XRP remains a hot topic among legal experts and crypto enthusiasts. It has recently recorded repeated wins, making people wonder what’s next for the token.
Join us as we explore the perspectives of prominent figures in the crypto world regarding Ripple’s approach to XRP, its price, and the market.
Understanding Ripple’s strategy
Bill Morgan, a well-known lawyer and crypto enthusiast, recently shared his views on Ripple’s decision regarding its XRP deposit releases. He believes that Ripple’s decision to hold a large portion of its monthly XRP shows its commitment to stabilizing the value of the cryptocurrency. Morgan’s idea aligns with lessons from the ongoing legal battle between Ripple and the SEC.
Morgan’s comments came after an anonymous crypto enthusiast questioned why Ripple did not sell a significant portion of its XRP deposit, even after getting legal clarification.
XRP Price: A Closer Look
Cryptocurrency vlogger Flare Community offers a broader view, highlighting the real value of XRP. They believe that although the price of XRP may experience rises and falls in the short term, its real value is increasing. They highlight how developers continue to make the XRP ecosystem stronger and more flexible. According to them, a drop in price is not a sign of loss of value of XRP but an opportunity to buy it at a good price.
Bill Morgan, in response to Flare Community, simply says that although Ripple’s XRP is now legally clearer, its price has not increased significantly compared to the past.
The power of Bitcoin and Ethereum
XRP Community MemberJulian Bitcoin (BTC) And Ethereum (ETH). They look forward to the day when individual cryptocurrencies like XRP are valued for what they are, without being influenced by the prices of BTC or ETH.
Even though discussions about Ripple’s XRP are complicated, one thing is clear: we will closely monitor its development and market changes in the coming months. Stay tuned for more news.
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