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Pundit Says Can’t Imagine Being Dumb Enough Not to Hold XRP Right Now
Pundit Says Can’t Imagine Being Dumb Enough Not to Hold XRP Right Now
February 24, 2025
XRP
A widely followed pundit in the XRP community, Digital Asset Investor (DAI), has sparked fresh discussions about the importance of holding XRP now more than ever.
In a tweet, DAI reminded the crypto community that the Ripple lawsuit could end at any moment. He pointed out that it has been ongoing for over four years, and settlement is imminent.
“I can’t imagine being dumb not to hold XRP right now,” he said.
His comments reflect the growing anticipation surrounding the conclusion of Ripple’s ongoing legal battle with the U.S. SEC. Many believe the outcome could trigger a significant price rally for XRP, as the case has historically impacted XRP’s price.
The hope for the case to end soon comes from the improving regulatory stance of the SEC under the new administration. The SEC recently paused its litigation against Binance amid the activities of the newly formed SEC crypto task force, which is overseeing, among other matters, pending litigations.
In addition, the agency dropped its case against Coinbase. Many believe a similar gesture could apply to Ripple’s lawsuit as well. As a result, anticipation about an imminent end runs high in the XRP community, as they see it as a major bullish factor for XRP’s price.
Regarding how XRP’s price could react to news of the lawsuit settlement, DAI turned to Elon Musk’s Grok AI for insight into potential market reactions.
Grok proposed a scenario in which XRP’s price could see a reaction similar to the initial announcement of the lawsuit back in December 2020.
XRP Could Mirror Its 2020 SEC Reaction—But in Reverse
On December 22, 2020, when the SEC accused Ripple of selling XRP as an unregistered security, XRP’s price plummeted from around $0.50 to $0.17. This marked a sharp 66% drop due to uncertainty, fear, and delistings by major exchanges.
Accordingly, Grok suggested that if the legal battle, which is currently in appeals, ends in Ripple’s favor, the market could react in reverse.
With XRP currently trading around $2.50, a 66% increase would push its price to approximately $4.15 in the short term. Notably, this price would mark a new all-time high for XRP, which has been trading below its initial peak for seven years, partly due to the lawsuit.
Meanwhile, other market commentators like Edward Farina and Alex Clay have even argued for a $10 price for XRP post-Ripple lawsuit victory. Given the promising prospects, commentators like DAI believe fading XRP at this time is not a smart move.
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