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#Altcoin Season Coming?# #Stablecoin Regulation Crackdown#
🟢 XRP sold at a long-term price of - $51K, $3.20.
🔵 How much XRP is there?
Total: 100 billion XRP
Currently on the market: about 59 billion
Ripple has a lot of XRP left, they release something every month.
◾ XRP and Ripple are not the same thing!
Ripple = company
XRP = currency or token
Ripple is a car company, and XRP is like their car! They make it, but the car (XRP) can go anywhere.
🟣 The lawsuit was discussed:-
In 2020, the US SEC said - XRP is actually a share type thing, you sold it without registering.
Some parts of the lawsuit are still ongoing. If there is a final victory, XRP will bomb again it could cross $5, $10.
⚪ What does the future hold?
If banks start using it more -
XRP could go up to $5-10.
If the problem increases or usage does not increase, the price will be around 1-2 dollars.
▪️ In short:
XRP is the digital money of the future, fast, cheap and secure.
However, a large part of it is in the hands of the Ripple company, and you have to be a little careful until the legal issue is resolved.