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XRP analysis, the unknown reason behind the big rise. In the past decade, in addition to Bitcoin (BTC), XRP has always been one of the top 10 tokens in Cryptocurrency Market Cap. Is it worth long-term investment?
Do you remember that cz was sentenced to prison in the United States, initially fined tens of millions without imprisonment, and then increased the penalty to over 4 billion for various reasons, and also sentenced to four months.
Although XRP has won the lawsuit, will the United States engage in such intensified behavior against XRP again?
I think the possibility is not high at present. Various suppressions were carried out on cryptocurrency during the Biden administration, which led to CZ's trouble. Now Trump is running against Harris, and Trump has spoken at the BTC conference. Harris will definitely support cryptocurrency to gain more voter support, after all, the cryptocurrency community in the United States is very large.
No matter who the next president is, perhaps they will not suppress Crypto Assets like President Biden. So after xrp settled with the sec, the elimination of regulatory troubles is enough to attract more funds into the xrp market in the long term.
This not only benefits xrp in the short term, making it pump rapidly. In the long run, xrp is also worth investing in. At least during the next government's tenure in the United States, it is less likely to be suppressed again.
Why the market is overly concerned about the lawsuit against xrp, perhaps it indicates that xrp itself is very strong, and regulation is the biggest issue.
From the perspective of Token economic model inflation and contraction, xrp is very worthy of large-scale Auto-Invest. Ripple is well supported by sufficient funds, and the widespread use of xrp payments makes its development prospects worth looking forward to.
In addition, the next spot ETF after BTC and Ethereum may not necessarily be the highly speculated sol in the near future. After all, XRP ranks second in the long history of Crypto Assets.
Currently, the contract open interest of xrp is also rising, which is beneficial to pump. Whether in the short term or the long term, xrp is a good investment choice.