Ripple (XRP) Became the Most Trending Cryptocurrency

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ripple (XRP) Became the Most Trending Cryptocurrency


TL;DR

• XRP has seen an increase in controversy spurred by SEC criticism of the upcoming stablecoin.
• The asset has become extremely popular over the past few years due to the ongoing litigation between Ripple and America’s securities regulator.

Top 10 Clubs


Market intelligence platform Santiment has presented the top 10 cryptocurrencies that have been the subject of the most controversy recently. Popular privacy token Monero (XMR) took the first place due to the announcement that peer-to-peer (P2P) trading platform LocalMonero is conducting its operations.

“monero is being discussed at an abnormally high rate due to the announcement of the discontinuation of LocalMonero as governments continue their crackdown on XMR and others privacy focused assets,” platform stated.

Ripple’s XRP ranked second. The token’s popularity has increased following the latest crackdown manifesto by the US Securities and Exchange Commission (SEC). labeled The company’s upcoming stablecoin is an “unregistered crypto asset.”

The largest cryptocurrencies by market cap are Bitcoin (BTC) and Ethereum (ETH), followed by Ethena (USDe) in the top 5 list.

SuperVerse (SUPER), Chia (XCH), kaspa (KAS), IDEX (IDEX) and Celsius Network (CEL) Are there any other coins in Santiment’s ranking?.

XRP is in the spotlight for another reason


The seventh-largest cryptocurrency by market cap has been a hot topic for many years, mainly due to the Ripple v SEC case.Which is based About classification.

It often experiences significant fluctuations in the following: important Developments regarding the case. For example, after Ripple’s first partial court victory of 2023, the price of XRP exploded by over 70% in a few hours.

The legal dispute entered its tentative phase in April this year, with many industry participants expecting an impressive rally for the asset if the firm achieved a decisive win. For those who want to dive deeper into the details of the case and its potential impact on XRP, feel free to check out our exclusive video below:


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#Ripple #XRP #Trending #Cryptocurrency