Should You Buy XRP While It's Under $1?
If you're thinking about investing in XRP (CRYPTO: XRP), there's significant cause for concern. XRP is still trading under $1, despite its epic four-year court battle with the SEC coming to an end in August. The big bounce that many investors expected has never materialized, and XRP remains one of only a handful of top cryptocurrencies that is down for the year.
The good news is that there is a brand-new catalyst for XRP that could have a potentially huge effect on its long-term price trajectory. As a result, it might not be time to give up on XRP quite yet. Let's take a closer look.
Right now, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are the only cryptocurrencies that have spot ETFs. However, that hasn't stopped investors from speculating about which crypto could be next to land an ETF. One of the most likely targets is XRP, given that it ranks seventh among cryptocurrencies in market cap and has a track record dating back more than a decade.
Source Fool.com
