Largest by market value altcoin one of the projects Ripple (XRP)It has been coming up frequently on social media lately.
In the case between the US Securities and Exchange Commission (SEC) and Ripple, which has been going on for years, the search for summary decisions by both parties has placed XRP on the social media agenda.
The SEC has filed a $1.3 billion criminal lawsuit against Ripple for selling unregistered securities in 2020. The request for summary judgment made investors expect that the end of the case is approaching.
Ripple CEO Brad Garlinghouse constantly renews his belief that they will win the SEC case.
Cryptocurrency LunarCrush, the startup that measures social activity in the industry, shared new data on XRP.
👉Insights: https://t.co/CJ2eQmpKrW pic.twitter.com/Hk5I4VpJP3
— LunarCrush (@LunarCrush) September 29, 2022
According to the data, Ripple is spoken much more on social media than in the past. XRP’s social media activity has reached the peak of the last 3 months. During this time, Ripple’s token $XRP has gained 55 percent.
Remarkable XRP Price Survey!
Many Ripple investors are expecting bullishness in anticipation of the SEC case ending. However, CoinMarketCap’s year-end price survey for XRP shows the opposite.
CoinMarketCap 438 respondents to the survey expect the XRP price to decline to $0.40 by the end of the year.
$XRPAs of writing, it is trading at $0.475.
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