Will the events of June 16 change the course of Ripple?

The original Ripple currency, XRP, experienced a daily decline of 3%, bringing its value to $2.25, following the broader trend of the cryptocurrency market. The XRP supporter community, known as the "XRP Army," remains optimistic about the future of the currency. A significant date approaches in the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC).

On June 16, the SEC must provide a status update to the U.S. Court of Appeals, representing a critical turning point in the case. Despite the buzz surrounding the closure of the case, market experts do not expect this event to significantly impact the price of XRP. However, if the case is extended, it could affect the value of the currency. Despite the current price struggle, the "XRP Army" remains optimistic about the future of this currency$XRP