While the intense legal process for the SEC-Ripple case to come to a conclusion, the statements that will please altcoin investors came from the famous economist Alex Krüger.
“XRP will be one of the best performing cryptos of 2022”
In his Twitter posts during the day, Alex Krüger said that the sixth largest cryptocurrency will be the star of 2022. The famous economist thinks that the Ripple company and XRP token, which have been fighting the SEC since December 2020, will rise this year. Asking a follower of the timing of this expectation, Krüger replied:
Like it or not XRP will be one of the top performing assets of 2022.
As we covered in cryptokoin.com news, Ripple-SEC legal battle It’s been heating up in recent weeks, and the case-to-case revelations make the situation interesting. In recent developments, Stuart Alderoty, Ripple’s general counsel, said that these two documents from 2012 could prove that XRP is not considered an unregistered security, implying that it could change the course of the case. On the other hand, SEC chairman Gary Gensler stated in a recent interview that the SEC will not give up on Ripple. Another recent development was Ripple CEO Brad Garlinghouse’s statement that “the truth is out there for everyone to see”, which made XRP investors hopeful. Apart from that, we found in community surveys by Finder.com and CoinMarketCap that a large majority of crypto investors are expecting a surge in the price of XRP following the SEC lawsuit. This negative situation surrounding social media in a short time affected the XRP price 20% upwards in the news.
Alex Krüger attributes the rise of the altcoin project to the lawsuit that will result
Global market analyst with 123 thousand followers, Alex Krüger, thinks that the SEC-Ripple case, which will decide regardless of the outcome, will mobilize investors. In addition, it should be noted that Krüger has previously harshly criticized the Ripple company and the XRP token. However, Krüger’s expectations are that XRP will mark 2022.
At the time of writing, Ripple (XRP) price is holding over 5% of its last 24-hour gain. You can reach the technical analysis of Twitter analyst Credible, who discussed the $1 target of the cryptocurrency with a transaction of around $0.738, here.
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