šØBREAKINGšØ
XRP vs. SEC heats up. Settlement rumors, false token burn hype & why XRP pumped today. Whatās coming next? Letās break it down:
1. Ripple & SEC may settle.
Today, a court update shows Ripple and the SEC are moving closer to settling the case.
SEC is reportedly lowering its demand from $125M - $50M.
Huge win for Ripple if confirmed. No more legal cloud = confidence boost.
2. š XRP is PUMPING.
Price jumped to ~$2.22ā$2.23 on momentum from:
⢠Bullish legal sentiment
⢠Technical breakout (falling wedge reversal)
Some are eyeing a move toward $3.12 if this trend holds.
3. But wait⦠whatās this about a massive token burn?
Rumors flying that 10% of XRPās supply will be burned in 48h.
Sounds wild. But hereās the realityā¦
4. Fact check: Token burn is FAKE NEWS.
⢠Total XRP burned since launch: 14 million.
⢠Thatās just 0.014% of supply.
⢠Daily burn rate: ~4,000ā5,000 XRP (from tx fees).
⢠No scheduled 10% manual burn exists.
This rumor = market noise. Donāt fall for it.
5. So what could happen in the next 48 hours?
ā Court could file an official motion showing agreement.
ā If XRP breaks ~$2.25 with volume ā target: $2.70ā$3.10.
ā But any negative news (macro or legal) = sharp pullback.
6. TL;DR:
⢠Real legal progress = real price pump
⢠Token burn rumor = misleading noise
⢠Eyes on ~$3.12 breakout IF momentum continues
⢠But be cautious ā RSI is heating up, and volatility could spike
7/ š The XRP case could finally be nearing the finish line. And that would send shockwaves through the entire altcoin space.
Keep watching the charts. Keep watching the court.
š RT this thread to keep others informed.
š¬ Whatās your XRP target if settlement is confirmed?