XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope

XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope

With about 16% of its value lost in October 2024 alone, XRP, the native coin of Ripple, has been under heavy assault this month. The US Securities and Exchange Commission’s (SEC) fresh appeal in its continuous action against Ripple is driving the price drop. Investors are left wondering about XRP’s future as the legal question…