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Most people are right now much more focused on the project which I believe it is a very good and solid One even with the current law suit that they are following.
It is a very good project with the ripple coin because it is able to address a lot of the issues that are surrounding the cryptocurrency space and that is very important. Such as transaction fees and times.Most people are right now much more focused on the project which I believe it is a very good and solid One even with the current law suit that they are following.
The lawsuit does not in any way affect the company of ripple and the coin keeps blooming among the crypto currency and the lawsuit keeps giving ripple popularity.It is a very good project with the ripple coin because it is able to address a lot of the issues that are surrounding the cryptocurrency space and that is very important. Such as transaction fees and times.
There was a major effect that it had just after it however i think that the fact that people were able to rally behind the coin was able to provide them with a good foundation to see a good price rise in the coin.The lawsuit does not in any way affect the company of ripple and the coin keeps blooming among the crypto currency and the lawsuit keeps giving ripple popularity.
I think that to a certain extent the coin would have a much higher value if there was no lawsuit that was hanging over its head at this point. I think that it is holding the coin back from achieving this at the moment.The lawsuit effect is no longer reflecting on the coin , so there is more possibility to see more development in cryptocurrency and many people make more gains through the process
The only people that are actually facing a difficult time with their investment in the cryptocurrency ripple are the ones that are holding their coin both the ones that are trading on ripple and not really suffering any losses.Despite the lawsuit, the traders sentiment remained unshaken. The confidence the had on the XRP make them push the price of the coin in the uptrend.
The case is presently going in the favour of ripple because I reads a news article that clearly states that the former SEC chairman regrets the action they took over ripple.I read recently that the case is most likely to be in the favour of ripple which would definitely mean an increase in price and cause holders to smile again.
So investors should load up their bags and be ready to take advantage again.