The price of XRP has increased by 6% in the past 24 hours. This is likely due to a number of factors, including the possibility of a settlement conference between Ripple and the SEC, as well as Ripple's recent investment in the metaverse.
Key points:
๐The price of XRP has increased by 6% in the past 24 hours.
๐This is likely due to a number of factors, including the possibility of a settlement conference between Ripple and the SEC.
๐Ripple has also recently invested in the metaverse, which could be another factor driving the price up.
๐The SEC is currently suing Ripple for allegedly selling XRP as an unregistered security.
A settlement conference could help to resolve the lawsuit and could lead to a positive outcome for Ripple.
๐Ripple's investment in the metaverse could also be a positive sign for the cryptocurrency.
โก๏ธConclusion : The price of XRP is likely to continue to fluctuate in the near future. However, the recent increase in price is a positive sign for the cryptocurrency and could indicate that more investors are becoming bullish on XRP.