<ul><li>XRP, the native coin of Ripple, has lost about 16% of its value in October 2024 due to the US SEC's appeal in its ongoing lawsuit against Ripple.</li><li>Analysts remain mixed with skepticism but are optimistic about recovery and see potential for a rebound in XRP's price.</li><li>Whale activities have been observed with significant XRP transfers to exchanges, which has sparked interest among traders.</li><li>XRP's future heavily depends on the outcome of the legal battle with the SEC, with potential consequences ranging from further losses to a sharp decrease in price.</li></ul>

XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope

Discover more