While Bitcoin has positioned itself as the face of all the cryptocurrencies, XRP, another hot token, is gaining popularity within the crypto space.
Days ago, President-Elect Donald Trump met with Ripple, the company behind XRP. Heavy scrutiny from the U.S. Securities and Exchange Commission has been directed at XRP and Ripple. Unlike current SEC chair Gary Gensler, Trump’s incoming pick for SEC chair, Paul Atkins, is said to be more crypto-friendly and could pull back on overregulation, in part driving the token’s popularity.
With XRP’s price up about 240% year to date as well as a market cap of $121 billion, investors are eager to see how the coin performs in 2025. Many believe that the lucrative value of XRP can potentially skyrocket and become a millionaire maker.
What is XRP? Is it the next big thing in crypto? Here’s what to know.
What is XRP? When did it start? It’s not a new cryptocurrency
The company Ripple developed the token…
