Ripple’s Wild Ride: What You Missed in the Last 48 Hours!

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<a href="https://zarusd.com/xrp-usd/">Ripple</a>‘s Wild Ride: What You Missed in the Last 48 Hours!

Well, well, well! If it ain’t the last 48 hours of Ripple’s escapades, a time when the crypto world spun like a cat on a hot tin roof. Let’s dive into the most riveting Ripple (XRP) news that tickled our fancy during this whirlwind.

Ripple Goes Minting Like a Drunken Sailor

As the good folks at CryptoPotato have so kindly informed us, Ripple decided to mint a staggering 15% of RLUSD’s total supply—about $25 million worth of shiny coins—like it was a Sunday picnic. This little stunt ballooned the circulating supply to around $170 million, most of which is still frolicking on Ethereum, rather than Ripple’s own XRPL. Talk about a party crasher!

And what did this minting spree do for XRP’s price, you ask? Well, it sat there like a bump on a log, barely budging. A minuscule increase of 1.6% was noted, which is about as exciting as watching paint dry. But hey, at least it’s in line with the rest of the market, right?

1.7 Million XRP Payments: A Day in the Life

March 17th turned out to be a banner day for the XRP ledger, processing a whopping 1.7 million payments! Now, that number has dwindled to around 900K, but let’s not split hairs; it’s still a heap of transactions. This shows that the ledger isn’t just a ghost town, but rather a bustling marketplace—at least for now.

Ripple vs. SEC: The Legal Soap Opera

Now, let’s talk about the ongoing drama between Ripple and the US Securities and Exchange Commission. The outcome of this legal tussle is bound to shake the XRP price and the market like a maraca at a fiesta.

Rumor has it that Paul Atkins might just waltz into the role of the next SEC chairman, and XRP enthusiasts are crossing their fingers that this could be the magic wand to resolve the lawsuit in their favor. Attorney Fred Rispoli, who seems to have a crystal ball, predicts the lawsuit will wrap up before April 16th, coinciding with the firm’s appellate brief filing. Fingers crossed, folks!

XRP Price Prediction: The Crystal Ball Gazing

Now, let’s circle back to XRP’s price, shall we? One crypto analyst, Ali Martinez, has thrown his hat into the ring with a prediction. He claims XRP is “testing the waters,” but warns that there’s a crucial level that must hold to keep it from plummeting down to $1.6. Yikes!

“XRP is testing the waters! Below $2, a gap with no significant support could pull it to $1.6.”

$XRP testing the waters! Below $2, a gap with no significant support could pull it to $1.60.

— Ali (@ali_charts) March 18, 2025

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2025-03-19 13:48