After days of selling off, Ripples XRP finally saw some bullish movements. At the time of this writing according to
coinmarketcap.com, it shot up by 9.31% and is valued at $0.288953. XRP fell significantly since its all-time high of US$3.78 at the start of the year. Its market capitalization is US$11.37 billion today as it stands. Do you think Ripple XRPs market sentiment has something to do with Ripple Labs fundamental news where it won a court case?
I think its value will be based on the quarterly revenue it earns. Because simple XRP is a normal altcoin and it resembles a bank. Therefore, revenue is essential to enhance the value of XRP.
The bad news will have an impact but will not affect much of it. because it has a huge capital.