XRP Is Worth More Today Than Before SEC Lawsuit Against Ripple

[Galaxy]

As of April 2, XRP's market cap is $27.9 billion, making it the 7th-largest cryptocurrency.

Usually, legal troubles are bad news for stock prices and crypto assets. XRP, the native asset of the Ripple payments platform, is proving to be an exception.

After rising over 5% in the last day, the price of an XRP token is now $0.60, and the market cap is $27.9 billion, according to data from Nomics. That's higher than where the price was before the SEC filed a $1.3 billion lawsuit against Ripple Labs. On December 18, 2020, four days before the suit, XRP was worth $0.58 with a market cap under $27 billion.
Source: https://decrypt.co/63855/xrp-worth-more-today-before-sec-lawsuit-ripple