Should You Buy XRP While It's Under $4?
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If you've been focused on the explosive rise of Bitcoin (CRYPTO: BTC) after the U.S. presidential election, you might have completely missed an even bigger breakout in the crypto market. XRP (CRYPTO: XRP) -- the cryptocurrency formerly known as Ripple -- has surged from a price of $0.52 on Nov. 5 to $2.73 on Dec. 2.
That's the highest level XRP has traded at in nearly seven years. With its latest move, XRP has passed Solana and Tether to become the third most valuable cryptocurrency in the world. So is now the time to buy XRP, or is it already too late?
There's a good reason why XRP has absolutely skyrocketed in value after the election of Donald Trump as the next U.S. president. The Trump administration's pro-crypto approach is going to have a huge positive impact on the future of Ripple Labs, the company behind the XRP crypto token.
Source Fool.com
