- Overview of Ripple vs. SEC Case
- Market Manipulations and XRP Price Effects
- Long-Term Prospects and XRP's Role in the New Financial System
Vandell Aljarrah, co-founder of Black Swan Capitalist, discussed the ongoing questions and assumptions surrounding the Ripple vs. SEC case. The talk touched upon the current state of XRP, market manipulations, and potential long-term prospects.
Overview of Ripple vs. SEC Case
The long-standing case between Ripple and SEC has sparked various assumptions and disputes. The recent court decision led to a temporary 20% spike in XRP's price, but it quickly reverted to previous levels.
Market Manipulations and XRP Price Effects
Aljarrah attributes this price behavior to ongoing market manipulations. Despite strong fluctuations, XRP's fundamentals remain solid. He believes that the outcome has been pre-planned, with price suppression and manipulation being part of the strategy.
Long-Term Prospects and XRP's Role in the New Financial System
Aljarrah also noted that XRP continues to grow and strengthen its ties with central banks and financial institutions. He remains confident in XRP's long-term potential, believing it to be strategically important for the new financial system. According to him, the narratives around XRP are misleading. After the SEC lawsuit announcement, many retail investors sold off their holdings while the largest wallets were actively buying XRP.
The Ripple vs. SEC case has drawn significant attention and sparked numerous debates and assumptions. Aljarrah believes that market manipulations and Ripple's connections with government agencies raise important questions about XRP’s future role in the financial system.
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