Let's talk a bit about the XRP project and its possible market impact.
Greetings to all readers of this great platform, especially to those who are part of the great community of #ProjectHOPE, in the present opportunity I want to share with you information about a project that is possibly about to rise in a big way in the market, being a situation to take into consideration when thinking about investing, due to the reactions of the last few weeks and an important fact that is about to happen in a short time maybe a couple of months.
Screenshot taken at: PixaBay
It is common that people who are part of the crypto market, are in constant search of investments, and thus in search of projects that can generate large profits in the near future, short or medium term, while also looking for long-term goals, such as investment in BTC and ETH, being solid projects with long-term projections, but in that long way it is always necessary to find steady income for capital increase.
In the present opportunity I want to talk a little about the XRP project, a token that really had a high historical maximum compared to the current price, and that has not managed to reach in more than 4 years, the main reasons for this situation to happen is that they are on trial since December 2020, which was sued by the U.S. Securities Exchange Commission (SEC) for millionaire sale of XRP token by the company Ripple who is the creator of the token, a situation that made its value fall greatly in the market since that time.
The SEC alleged damage against the Holders, but the allegations they have given in the trial are positive for it Why think it can go up despite this? It is a token used by large banks worldwide an example of this is Banco Santander, and its trial is about to reach the end with a view to victory for the company Ripple, a situation that can really generate a big boost in its price by winning the trial, as well as the possible end of a bear market and that coincides with the rise of the market and with it big gains.