[June 2023] Checking the XRP Ripple Rise Issue
[June 2023] Checking the XRP Ripple Rise Issue
Hello, this is CryptoWave.Insights 😇. Amidst the quiet cryptocurrency market sentiment, the rise of Ripple (XRP) stands out. Let me briefly explain some recent issues.
Recently, XRP's popularity has risen as it showed good performance in Australia, and sentiment analysis showed that XRP was second only to meme coin Pepe in terms of interest.
Not only MoneyGram, Ripple has partnered with Tranglo, a famous remittance company, and through this partnership, Ripple's payment solution ODL will be used in the United Arab Emirates. However, XRP listings on some exchanges have been suspended due to SEC lawsuits, and some individuals such as influencer Bitboy received negative evaluations for deceiving XRP investors. Nevertheless, the Chief Revenue Officer said that XRP met all review items and hoped to relist XRP once the SEC lawsuit was over. In addition, some influencers strongly hope for Ripple's victory.
In this situation, it is speculated that Ripple is preparing for an IPO as seen in the Ripple ad in the Nasdaq building.
If XRP's price reaches $2, pomos will start (cryptocurrency influencers)
Expecting that XRP will continue to rise (cryptocurrency influencers)
Ripple has invested and partnered with Tranglo, a famous remittance company in Asia, and Tranglo continues to successfully expand its business scope along with MoneyGram.
XRP can be utilized in the remittance process.
The CRO of Uphold, a US exchange, said that he could not find any reason to delist XRP.
Ripple's advertisement was seen in the Nasdaq building.
Linda P. Jones, a Wall Street analyst, claims that Ripple's IPO could reach $600 per share.
Will Ripple really be preparing for a Nasdaq IPO?
If so, it could be scary to imagine how far it will rise. This was CryptoWave.Insights. 😇
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