XRP advocate Bill Morgan is unsure what could cause XRP to reach the sky-high price targets circulating on social media.
He points out that XRP has climbed from $0.46 to just $0.62 since this summer’s ruling in SEC v Ripple.
At press time, XRP was down more than 4% and was changing hands at $0.619.
Digital asset enthusiast Bill Morgan took to X today to share his ambivalence about sky-high price predictions for XRP. Reacting to a prediction that the token will reach three-figures, Morgan acknowledged the three major outcomes of the ruling in Ripple’s lawsuit with the U.S. Securities and Exchange Commission (SEC). He argued that since 23 July 2023, there has been legal clarity around XRP, multiple exchange relistings as well as multiple strategic partnerships formed.
However, Morgan then pointed out that t…
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