XRP price holds steady at $3.13, despite growing interest from the community and experts. Discussions center around potential price manipulation and the resolution of legal issues.
Price Expectations for XRP
Some members of the XRP community believe that the price is a target for manipulation. There are suggestions that "jackals" are keeping the price low to accumulate assets ahead of an important U.S. crypto report expected on Wednesday.
Expert Opinion on Legal Status
Vincent Van Code, founder of several AI startups and an expert in the crypto industry, expressed confidence that the end of Ripple's legal issues may happen as soon as August 15. He noted that both parties may withdraw their appeals, opening new possibilities for the system.
Future Predictions for XRP
Van Code also stated that XRP price may rise in mid-August if the SEC formally ends its appeals. He mentioned that this could lead to the emergence of 1,700 organizations that have signed confidentiality agreements and pave the way for ETF approvals.
Discussions surrounding XRP are becoming increasingly active, with expectations of significant changes in August. If predictions hold true, it could lead to price increases and new announcements from organizations working on the project.
