Post
Topic
Board Altcoin Discussion
Re: Could XRP win in SEC case be a start for next bull run?
by
fzkto
on 23/07/2023, 10:58:24 UTC
Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?

"Could XRP win in SEC case be a start for next bull run?" - you are asking?

Firstly, this victory, so far, is only an intermediate one. We have yet to find out how the confrontation between XRP and SEC will end. Will XRP's eventual victory in court be the catalyst for the bull run? I think definitely not. If you are looking forward to it very soon. You mention bitcoin halving, which is just getting closer. This is more important than winning XRP vs. SEC. Traditionally, it is the halving that becomes the starting point for the start of a bull run. In truth, with some delay and after a while. Plus, positive news begins to act as reagents for this process. A win of XRP could affect this if it happens after the halving, and if other good news is added, then the effect will be better. If only, by that time, there were no troubles in the crypto industry that could put out the fire of the flaring crypto-hype.
I think the latest success of XRP has had a good impact on the entire cryptocurrency market. Recently sec has given nightmares to cryptocurrency and xrp was able to show that nothing is impossible, the main thing is to be able to defend interests. Of course xrp is not a coin that can be a catalyst for a bull market. But remember about doge in the last cycle. Then too no one would have thought that doge would start a festival.