XRP (RIPPLE) |  Is the SEC Done With Ripple? Its Time To Buy Now!!

XRP (RIPPLE) | Is the SEC Done With Ripple? Its Time To Buy Now!!

XRP (RIPPLE) | Is the SEC Done With Ripple? Its Time To Buy Now!!

XRP seems to be on a roll, reaching new highs in light of the bullish crypto market recently. However, this begs the question, is the SEC done with Ripple?

As is obvious, the current controversy led to a big dip in the token’s price. But now, the token is going up at a fast pace. This week alone, the token has risen by 57.8%. Spurred by the market uptrend recently, XRP’s unique features as a token are contributing a lot to its growth. Ripple is also benefitting from new development in the above-mentioned lawsuit from the SEC.

Yesterday, the SEC refused to hand over evidence discovery documents to Ripple’s defense team, despite the judge’s insistence. To add to this, it seems that the lawsuit has gotten Ripple more media attention. As such, the company successfully converted a PR nightmare into a crucial marketing endeavor. It got the support of many important firms recently. This includes GME Remittance, one of the largest non-bank remittance service providers in South Korea, which joined Ripple’s RippleNet. Before this, Japan’s money-transfer provider SBI Remit also teamed up with mobile payment service Coins.ph and SBI VC Trade exchange to carry payments from Japan to the Philippines through Ripple.

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