welcome
CoinGape

CoinGape

Business

Business & Economics

Can XRP Price Reach $5 This Week as SEC Votes to End Lawsuit and Ripple IPO Looms?

CoinGape
Summary
Nutrition label

62% Informative

XRP price is poised for a parabolic rally to $ 5 this week if the SEC votes to officially end the Ripple lawsuit.

The end of this case will also put Ripple’s IPO plans in motion as the company seeks to be publicly listed in the US .

Ripple CEO Brad Garlinghouse disclosed that the SEC would not pursue its appeal in the XRP lawsuit.

This is amid speculation that Ripple will file for an IPO .

VR Score

39

Informative language

24

Neutral language

50

Article tone

formal

Language

English

Language complexity

33

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links