The post BitBoy Hints at Ripple v. SEC Settlement, Expects XRP Price to Explode appeared on BitcoinEthereumNews.com.

BitBoy speculates that the XRP price would witness a massive explosion as SEC v. Ripple would reach a settlement that could finalize the coin’s non-security status. Famous crypto influencer Ben Armstrong (a.k.a BitBoy Crypto) expects a potential settlement of the multi-year legal tussle between the U.S. SEC and Ripple. Armstrong made this known in an interview with Fox News. Notably, popular XRP community member Amelie shared an excerpt of the interview on X yesterday. BREAKING: Bitboy sources confirm in a Fox News interview that the SEC and Ripple have reached a settlement! #XRP is expected to see a big price increase. The top DeFi token on the XRPL, CTF token, could rise from 0.97 XRP per token to 374.25 XRP per token. The CTF token… pic.twitter.com/6Z05BztLdf — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) May 19, 2024 XRP Price to Rise After SEC and Ripple Settlement In the interview, Armstrong, citing sources familiar with the case, said the SEC v. Ripple lawsuit would soon end in a settlement. “All my sources are saying that we will get a settlement between Ripple and the SEC,” Armstrong remarked. Following the settlement, Armstrong speculated that XRP would see a huge price explosion as the coin would no longer be considered a security. According to the crypto influencer, XRP would embark on a parabolic run in the first half of the bull run.  – Advertisement – Impact of SEC v. Ripple Lawsuit on XRP It is common knowledge that the ongoing Ripple lawsuit has been the major factor impacting XRP’s price action Despite the court declaring XRP as non-security last year, the coin has not lived up to expectations. This is because the lawsuit is ongoing and has not reached a logical conclusion. For context, XRP was changing hands at $0.515 at press time, down 1.36% over the past…

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Filed under: News - @ May 20, 2024 7:10 am