In the last 24 hours, the XRP price increased by 3.7%, outperforming other cryptocurrencies traded in the red. 📈 This increase was triggered by the rejection of the SEC's appeal in the Ripple case. 🚀
While most cryptocurrencies are experiencing losses of between 0.5% and 5%, XRP appears to have made significant gains. The case against Ripple has been going on for nearly three years, and the judge set April 16, 2024 as the trial date.
According to the decision taken in July, secondary sales of XRP do not constitute an investment contract and it was determined that XRP is not a security. The SEC appealed the decision, but the application was denied.
While most cryptocurrencies are experiencing losses of between 0.5% and 5%, XRP appears to have made significant gains. The case against Ripple has been going on for nearly three years, and the judge set April 16, 2024 as the trial date.
According to the decision taken in July, secondary sales of XRP do not constitute an investment contract and it was determined that XRP is not a security. The SEC appealed the decision, but the application was denied.