Ripple, as the fifth cryptocurrency in the cryptocurrency market, after the ruling of the appeal court, Ripple decreased by 39% in the month, but still maintained its position among the most popular cryptocurrencies. Ripple’s latest statistics show that this coin only increased its rate in the last week. It has decreased by 18%, which is a 32% drop against the US dollar, while if you go back to July 12, 2023, the price of the Ripple cryptocurrency was trading at $0.47, which reached $0.819 the next day after Judge Annalisa Torres’ ruling.
The reason for the drop in Ripple’s rate is in the confusion between the Ripple team’s multi-year dispute with the US Securities and Exchange Commission. The trading volume of this cryptocurrency shows that Ripple loyalists are still optimistic about the return of the Ripple price to 0.819. In this regard, one of the crypto influencers discussed Ripple with his 33,000 followers. He claims that Ripple has a unique legal and regulatory basis. has it. For those who choose second-tier digital assets, Ripple has been outstanding in my opinion, Egrag continued.
The reason for the decrease in the Ripple rate?
XRP digital currency experienced a 39% rate reduction due to its recent rise after the judge gave his opinion. Undoubtedly, this organization has been one of the most important factors affecting the price of this cryptocurrency for many years, with the conflicts and margins it has had with Ripple’s army. Thank you for paying attention to the short cryptocurrency news on the Turbo Polycrypto news website.
