Famous Politician: This Altcoin Is The Only Winning Asset!

The rally of the popular altcoin XRP continues to gain momentum. After the summary decision attack by Ripple and the SEC, the coin took a leap. The aforementioned situation caused crypto owners to gain their trust in XRP. Meanwhile, the famous name David Gokhshtein continues to convey his bullish comments for XRP. Here are the details…

Developments in Ripple and SEC lawsuit push altcoin price up

As we reported on Koindeks.com, Ripple (XRP) has recorded strong interests since the summary decision motions were made public in the last few weeks. Investors hope that the outcome of the case will be in favor of the Blockchain company. Therefore, they buy in large quantities from cryptocurrency.

According to the data, XRP has increased by 70.2% in the last 30 days. On September 10, XRP was trading around $0.3183. Currently, the current XRP price is $0.52. So XRP has increased by over 50 percent in a month. this reflects the confidence of investors in the crypto asset. In the last 24 hours, XRP has been the best performing cryptocurrency amid the top 70 cryptocurrencies by market cap. The 70 largest cryptos by market price have been losing significant value in the last 24 hours. But on the other hand, XRP is up 6 percent. The cryptocurrency is currently changing hands at $0.52. Investors are hoping that the price of the cryptocurrency will rise even more.

Gokhshtein reacts to XRP rise

There was a crypto phenomenon reacting to the development. David Gokhshtein, founder of Gokhshtein Media, said that XRP is the only “legitimate” asset that is performing well today. “XRP is probably the only legal asset that is performing well today,” Gokhshtein said. Koindeks.com As we have reported, Gokhshtein has shown his love and dedication to XRP many times over. He recently said that more XRP should be bought instead of chest coins. For those who hate XRP, he said, “The more you hate XRP, the bigger it gets.”

Ripple network is growing

Meanwhile, a significant development towards the Ripple network has come to the fore. In light of the recent price change and developments in the US Securities and Exchange Board (SEC) case, activity on the network has increased. According to crypto analytics platform Santiment, the XRP Ledger Blockchain has grown. With the spike in XRP price, the network recorded its strongest growth on a daily basis since July. According to the information, the Layer 1 Blockchain network created 2,273 new wallet addresses yesterday. According to Santiment, the price action provided a slight divergence between XRP and the rest of the crypto market.

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