Chris Larsen donated more than $1m to Kamala Harris' political campaign in XRP lately. However, the Democratic US presidential candidate lost against Republican contender Donald Trump. Considering Kamala's "embarrassing" loss, does this mean XRP lost too? After all, XRP was donated to her political campaign. Trump expressed his rejection of a US CBDC, so a centralized coin like XRP will be heavily-scrutinized in the upcoming administration.
I think a huge "dump" awaits for XRP soon. Don't you agree?
I think a huge "dump" awaits for XRP soon. Don't you agree?
If you see the price movement after the election results, XRP is doing good. It has almost doubled during this period. In crypto, a single news will not have all the impact. It is always combination of all factors. Like one factor you mentioned is bringing the price down. Then there can be three other factors moving the price of XRP upwards with new result being that XRP price doubled in last 30 days.