Can XRP Hit Double Digits by 2027?

XRP (CRYPTO: XRP), the third-largest cryptocurrency in the world, has been on a fantastic run since Donald Trump was elected president last November. The token is up roughly 400% during the past year. Clearly, the Trump administration's pro-crypto policies and more crypto-friendly regulators have made a big difference in XRP's trajectory. With crucial crypto legislation now moving through Congress, the entire sector should benefit. Can XRP, now trading at about $3.10, make another big move during the next few years and hit double digits by 2027?The big catalyst that led to the big move for XRP was the Securities and Exchange Commission's (SEC) decision to drop its appeal in a long-standing lawsuit against Ripple, the company behind XRP. The lawsuit had persisted for more than four years and served as a big overhang for XRP. Of course, the SEC did a 180 on crypto after Trump installed Paul Atkins as the new chair of the agency.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool