The American Security Exchange Commission finally ended its lawsuit on 8/8 by dropping any further attempts at appealing the case.
One might rightfully expect major upward price action for XRP following such a landmark occasion. However, as of this writing, the price is only up 9%, at $3.33 USD. While a 9%-10% asset appreciation would be welcome in nearly any sector of finance, this is a far cry from the $100 per XRP the proponents have long said would be the immediate result of the lawsuit ending, let alone the $589 per XRP that maximalists have sworn would happen.
Meanwhile, Stellar XLM prices are up 25% more than XRP, appreciating 12%, for no particular reason as it was not directly subject to the SEC lawsuit.
Will we ever see $100, $589 or $1000 XRP prices?
I’m not a financial advisor & this is not financial advice, I’m just invested in XRP.
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