Ripple (XRP) Holds Solid As Crypto Market Drops

Ripple local token of your network XRPDespite the decline in the crypto market over the past week, it continues to maintain its profitability.

to last week $0.34 Ripple, which started around $ 0.39 during the week, saw the level. Although XRP joined the selling pressure in the general market after the rise and retreated, it was one of the rare altcoins that did not close the week with negative returns.

The gain that Ripple brought to its investors is not limited to this week. Based on the bottom date of Bitcoin on June 18, XRP has gained 16.39% to its investor to date, while the leading cryptocurrency has lost 16.56% value since then.

Most investors believe that XRP’s mid-term gain is due to Ripple. SEC We can attribute the litigation between them to its pricing. While the crypto market is falling, the short-term rise this week may be related to the statements made by Ripple officials.

Ripple chief advisor Stuart Alderoty recently made important statements about the future of the company.

“Ripple Is Now a Global Company”

Speaking on CNBC last weekend, Aldertory explained that the company’s main income now comes from outside sources, not the United States, in a way, in a way against the SEC. The official stated that they are working to keep moving forward regardless of the outcome of the SEC case.

Aldertory announced that they have filed an application for an asset service provider license in Ireland.

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