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XRP Plummets 20% After Ripple’s Lawsuit Closure Against SEC, What’s Next?

  • XRP's price has plummeted 20% following the closure of Ripple's lawsuit against the SEC.
  • The lawsuit, which started in 2020, resulted in Ripple being ordered to pay a $50 million penalty.
  • After an initial surge, XRP's price correction and market-wide retracement caused a significant drop in value.
  • Future factors such as the possibility of an XRP ETF or Ripple going public could impact the asset's price trajectory.

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