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The second half of this month witnessed an impressive 50% of the events in the cryptocurrency market very accelerated.
The cryptocurrency market has been known for its unpredictability for a long time, to expand its instability with the arrival of the withdrawal movement and the release of rallies that contributed greatly to the rise of "Dogecoin" computerized money, which increased at high rates before returning to calm and to its usual location and size.
Bitcoin also took a hit, rising over $ 5,000 after "Elon Musk" posted the word Bitcoin on his Twitter account.
At the moment, as evidenced by what is happening in the "Message" and "Reddit" convergence, the computerized money XRP mission has been going on since the US Securities and Exchange Commission reported a lawsuit against it on December 21, 2020, the crux of this claim is that Ripple sold XRP as actions. Unregistered protection. .
In the midst of legitimate fighting, several exchange phases discounted XRP digital money.
To exacerbate the situation, the market's estimate of the financial wave decreased by 60%, in an emergency situation that showed crushing of some speculators and cash dealers.
In the past 24 hours, the cost of XRP computerized cash reached an all-time high of $ 0.51 before the currency dipped to $ 0.41.
XRP could be a landfill survivor.
Whatever happened, the rise in the cost of Ripple was apparent after Ripple documented a record on Friday to discredit the SEC's fees, which we covered in the article:
In the Ripple reaction, Ripple showed that the SEC had neglected the estimation of XRP as evidence.
Moreover, Ripple has also petitioned for a data opportunity, asking them how they have assured that Bitcoin and Ethereum are not protection.
Wave also refers to Ethereum which has been clearly protected illegal since Ethereum recently introduced an ICO.
The Securities and Exchange Commission discretely selects parties and failures.
This is clearly off-line and I think Congress needs to step in here.
If we take anything from past activities, massive players like Ripple will come out with a slap on their wrist compared to their unrecorded show of $ 1 billion.
Mesmerized and holders of Ripple cash are regular on Monday at 8:30 am EST, as some Telegram groups include arranging a siphon toward Ripple's money to transfer into a dollar, similar to what these congregations have tried before using computerized cash.
It is conceivable that the siphon is rapidly cleared and thus its appearances are definitely lost, and this is not monetary advice, as it may be impractical to put resources into XRP cash at the moment, as the money is to face a legal struggle that is not clear until the occasion.
