Why isn’t XRP rising more after the Ripple vs. SEC case news?
Now that the Ripple vs. SEC case has ended, many people thought XRP’s price would shoot up. But that hasn’t happened as much as expected. Here’s why:
1. Retail investors are cashing out – Many small investors had already bet on a positive outcome and are now selling their XRP as the price goes up. This selling is slowing down the price increase.
2. Big players are just starting – Large financial institutions and investors were waiting for the legal issues to clear up before getting involved. Now that the case is over, they can start using XRP and buying it in bigger amounts.
While small investors might sell in the short term, the involvement of big institutions could create a lot of demand for XRP in the future, potentially pushing the price up significantly