Recent developments in the crypto world have caused significant shifts, especially with the U.S. Securities and Exchange Commission's (SEC) notice of appeal, which has dashed the hopes of many XRP holders.

Max Keiser's Skepticism

Max Keiser, a renowned Bitcoin maximalist and former financial journalist, has voiced his skepticism regarding XRP. He took to social media to declare that the XRP surge anticipated by its community is 'never going to happen'.

Market Impact

The SEC filed an appeal against the ruling by Judge Analisa Torres in the case against Ripple, leading to a significant drop in XRP prices, which is currently trading at $0.5309.

Ripple's Reaction

Ripple CEO Brad Garlinghouse expressed his frustration with the SEC's appeal, calling it 'infuriating and misguided'. Ripple continues to fight against the SEC, having spent over $200 million defending itself.

The unfolding events around XRP and its price largely depend on the outcome of the Ripple-SEC case. Skeptical views from experts like Max Keiser add further complications for investors.