, 2023-01-14 10:52:02,
The crypto industry took a massive setback in 2022 as bearish market headwinds, and the respective collapses of players like FTX and Terra obliterated trillions of dollars off the market value of the entire sector. Top 20 mainstays like Ripple (XRP) and Stellar (XLM), for instance, experienced record lows during the year. Be that as it may, there are still plenty of opportunities for investors to make some serious profit by investing in the right tokens early. Flasko is one of those tokens. Let’s talk about Stellar (XLM), Ripple (XRP), and Flasko, and their prospects in 2023.
Ripple (XRP) has long been established in the cryptocurrency market while bringing good profits to early Ripple (XRP) investors. However, Ripple (XRP) prices have been suppressed greatly over the past two years due to its ongoing litigation with the Securities and Exchange Commission (SEC). Despite Ripple (XRP) Labs recording a few courts wins, the case doesn’t seem to be ending anytime soon. Consequently, the litigation has done reputational damage to Ripple (XRP), with investors bailing out of the project in favor of higher-potential cryptos due to the skepticism surrounding its chances of winning the lawsuit.
Ripple (XRP) may surge to new highs when the SEC case is settled, but if it doesn’t, we can expect further outflows from Ripple (XRP). Tread lightly with Ripple (XRP) if you’re considering it.
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