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XRP & SEC news
Are there chance to hit 1 dollars ?
A trending topic in the XRP crypto community is Ripple’s recent partial victory over the SEC, which has significantly impacted XRP’s market position. Following the court’s decision, XRP experienced a notable surge in its value, propelling it to become the fourth largest cryptocurrency by market capitalization. The ruling deemed that the sale of XRP on exchanges and through algorithms did not constitute investment contracts, thus not violating federal securities laws, though it was determined that institutional sales did violate these laws. This development has sparked increased interest in XRP, with significant price movements and discussions regarding regulatory clarity for the cryptocurrency industry .
Additionally, the cryptocurrency market is observing a broader trend with experts backing various tokens for diversification, alongside XRP’s promising outlook for crossing $1 by the end of 2024. Solana (SOL) has also been highlighted for its momentum, further indicating a dynamic and evolving cryptocurrency landscape where market sentiments and legal developments greatly influence token valuations and investor strategies .$XRP
Question 1
How much capital is required hit 1 dollars ?
Current Price 09/03/24 XRP : 0.629
Target Price 1
How much Mcap additional required : 37,100,000
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