XRP Just Passed $3. Is $4 on the Horizon?
XRP (CRYPTO: XRP), the world's third-largest cryptocurrency, which has a market cap over $177 billion, recently passed $3. While the cryptocurrency continues to be volatile, XRP has had an epic run since President Donald Trump won the election last November, ushering in a new, more welcoming regulatory era for cryptocurrencies. XRP has benefited immensely. With the token hovering around the $3 level, as of this writing, is $4 on the horizon?
One of the reasons XRP benefited from Trump's win so much is that the Trump administration installed new cabinet members to lead most regulatory agencies such as the Securities and Exchange Commission (SEC). In 2020, the SEC sued Ripple, the company behind XRP, and the company's co-founder and CEO for allegedly selling XRP as an unregistered security in 2013.
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Source Fool.com
