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Experts at ph.news.yahoo.com stated that Ripple XRP could surpass $ 3.84 in 2022.
As noted by ph.news.yahoo.com experts, Ripple is still recovering from the fallout after being sued by the US Securities Commission (SEC) in 2020. In late December 2020, the SEC accused Ripple and two of its executives of selling $ 1.3 billion in an “unregistered, ongoing offering of securities.”
The Securities and Exchange Commission said that the sale of XRP tokens by Ripple executives was allegedly aimed at raising capital to finance the company’s business. Ripple currently ranks sixth in terms of cryptocurrency market capitalization. In 2022, Ripple XRP could surpass the all-time high of $ 3.84 reached in August 2021.
Ripple’s project development arm, Ripple Labs, has made great strides over the course of 2021 developing a Ripple marketplace for financial companies to enable clients to trade cryptocurrencies safely. Ripple avoids being associated with the more anarchic aspects of the crypto realm, such as decentralization and non-intermediation of the banking system. Instead, Ripple is moving towards large banks, investment companies and key financial institutions around the world.
Earlier, fxstreet.com experts said that the price of Ripple XRP expects higher highs.
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