Ripple XRP Breaches $2 For The First Time In 7 Years: $3 Next?
Ripple’s XRP token has breached the $2 mark for the first time since January 2018. The asset is currently one of the best-performing cryptocurrencies among the top 100 projects. XRP’s price is up 29.4% in the daily charts, 76.9% in the weekly charts, 118.9% in the 14-day charts, and 375.2% over the previous month. The asset has also rallied by 299.6% since December 2023. Also Read: Cardano Breaks Through $1.05: What’s Next for ADA? Source: CoinGecko Why Is XRP Rallying? XRP began its ascent after Donald Trump won the US Presidential election. Market participants are likely betting on Trump’s pro-crypto stance. Many anticipate lenient crypto regulations under Trump’s leadership. Source – Coinpedia Also Read: BRICS: 2 Countries Pay 80% of Trade in Local Currencies, Not US Dollar XRP’s price also struggled over the last few years due to the SEC vs. Ripple lawsuit. The fintech company settled the case earlier this year with a $125 million fine. The settle...