A few months ago, we received a lot of negative news regarding Ripple & XRP:
+ XRP price falls because Ripple members sell off;
+ XRP community asks Ripple to burn a large amount of XRP to reduce manipulation;
+ The SEC continues to sue Ripple for selling XRP as securities;
+ Many exchanges in the US delist XRP.
And the price of XRP lost its momentum, many people sold off in panic.
But after only about 3 months, things are very different:
+ Ripple has an advantage over SEC;
+ Ripple expands the size of the company, increasing the number of partners;
+ The XRP community supports Ripple and resists the SEC.
As a result, we see a lot of very good news about the price recovery of XRP:
+ XRP reached $1 and regained the top4 in terms of capitalization;
+ Many experts forecast XRP price to reach $4-4.5, even $10 in this bullrun.
(https://i.imgur.com/Ech3P27.jpg)
An amazing recovery!
What baffles me here is: Is the SEC lawsuit a way for Ripple to regain support of the XRP community? Having the same enemies, ie teammates?
What do you think of the recovery and future of XRP and the outcome of the lawsuit from the SEC?