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🤑Excitement is building around XRP as rumors spread about a potential $10 million surprise event set for October 24, 2024. Speculation suggests that the announcement could involve a significant partnership or a key development related to Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Investors are anticipating that this could be a pivotal moment for XRP’s price trajectory.
🤑The Ripple vs. SEC lawsuit, which has been dragging on since 2020, has seen Ripple achieve partial victories, including a recent court order requiring Ripple to pay $125 million, far more than the $10 million it had proposed.
🤑Market watchers are closely monitoring this event, expecting it to influence XRP’s price significantly. Given the lawsuit’s nearing resolution, the possibility of an XRP spot ETF could also be on the horizon, further driving demand.
🤑With technical indicators flashing bullish signals, many in the crypto community believe XRP could soon break out of its current trading range. If you’ve been considering XRP as part of your portfolio, the October 24 announcement might offer a key moment for action. Keep your strategies ready!
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