Assessing whether you should be worried about XRP’s long-term price
The never-ending Ripple-SEC lawsuit might just have a potential deadline. In a filing related to its pending class action, dated 23 February 2022, Ripple reportedly agreed to a new date of 18 November 2022. On the contrary, the date, as written on the report, was 26 August 2022. Alas, that’s not all.
On top of that news, there are reports that both XRP bulls and SEC insiders expect Ripple to emerge victorious. Such speculations were further fueled after the SEC reportedly removed the case/lawsuit from its website.
Despite Ripple gaining significant traction of late, for many, XRP hasn’t reciprocated this momentum.
XRP and Ripple do share a degree of interdependence. In fact, some believe that the valuation of Ripple is intrinsically tied to the market price of XRP. Even so, a recent tweet storm expanded on why the altcoin’s price action is the way it is.
<p lang=«en» dir=«ltr» xml:lang=«en»>A thread on XRP price, without discussing price, because I don't do that. So why doesn't XRP go up with all the announced partners? Read more on ambcrypto.com
