Story Highlights
- XRP surges 32% after Trump’s crypto reserve announcement.
- Legal expert suggests Ripple-SEC settlement talks are ongoing.
Oh, what a time to be alive, right? Just when you thought things couldn’t get crazier, Trump steps in with his U.S. Crypto Strategic Reserve. Included in this shiny new collection? XRP, Solana (SOL), and Cardano (ADA). And what happens next? A jaw-dropping 32% surge for XRP, rocketing up to $2.999 before it finally took a breather at $2.70. But hold on, folks! Is $100 per XRP the next stop on this rollercoaster? Buckle up!
Trump Picks XRP, SOL, and ADA for U.S. Crypto Reserve
In a bold move that no one saw coming (except, probably, everyone who’s been watching the crypto space like hawks), Trump announces the creation of the U.S. Crypto Reserve. His big plan? To bolster an industry that’s been hit with its fair share of shady scams and get the U.S. to rise as the global crypto champion. As if America needed more titles to flaunt.
And then, out of nowhere, the prices start climbing. XRP enthusiasts are suddenly feeling like they’ve been invited to the VIP section of the financial world. Will it really hit $100? According to some believers, Trump’s blessing might just be the fairy dust XRP needs to reach such mythical heights. But, of course, others are sitting back with their popcorn, waiting for this rollercoaster to fall flat.
But wait, not everyone is sipping the Kool-Aid. The crypto community, ever skeptical, is raising eyebrows. Why XRP, SOL, and ADA? Did the president receive a secret memo about these tokens? Could there be some insider shenanigans going on? People are whispering about the possibility of early movers getting the inside scoop, making some sweet profits while the rest of us are left scratching our heads.
And Charles Hoskinson, the man behind Cardano, is all smiles. His reaction? A big “yep, that’s a good call” as he backs the decision. He even tossed in a little praise for XRP, calling it a “global standard” that’s been holding strong for a decade. Trump’s decision might not be as wild as it seems, after all.
Legal Expert Hints at Ripple-SEC Settlement Talks
Now, let’s throw in a legal twist. James Murphy, the legal whiz (aka MetaLawMan), drops a bombshell by suggesting that Ripple and the SEC might be hashing out a secret deal behind closed doors. Instead of waiting for a court ruling, they’re possibly already negotiating terms like two old friends striking up a backroom handshake. Could it be? Is Ripple about to find common ground with the SEC? Time will tell, but the plot thickens.
The crypto world is watching closely, but all eyes are on XRP. With Trump’s full-throttle backing and some legal shenanigans possibly brewing, the question remains: Can XRP really push towards the $100 mark? Everyone’s waiting for the next big move. Will it be the support of a sitting president or the legal wrangling that pushes XRP to new heights? Only time—and a whole lot of speculation—will tell.
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2025-03-03 11:19