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Pundit Foresees XRP Between $100 and $10,000 After SEC Suit Ends

Published 04/22/2024, 09:09 PM
Updated 04/22/2024, 09:15 PM
Pundit Foresees XRP Between $100 and $10,000 After SEC Suit Ends

  • Community pundit Jack argued XRP’s potential to attain $100 and $10,000 after the SEC lawsuit ends.

  • Previously, he asserted that $1,000 per XRP is “peanuts” considering the tokenization market.

  • Ripple is challenging the SEC’s proposal for nearly $2 billion in fines today.

Members of the XRP community continue to speculate about XRP’s outlook upon the conclusion of the multi-year legal battle involving Ripple and the SEC. Community member Jack, with 212.6K followers on X, recently weighed in on this discussion.

Jack emphasized that the Ripple-SEC lawsuit’s conclusion means XRP has complete regulatory clarity to function as the first cross-border payment asset in the US. Accordingly, he argued that a three to five-digit value for XRP upon the termination of a protracted legal battle with the US regulator “is inevitable.”

Notably, the outlook suggests the…

The post Pundit Foresees XRP Between $100 and $10,000 After SEC Suit Ends appeared first on Coin Edition.

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