🚨BREAKING🚨 XRP vs. SEC heats up. Settlement rumors, false
Money Production
Updated at: 6 hours ago
{"content":"🚨BREAKING🚨
XRP vs. SEC heats up. Settlement rumors, false token burn hype & why XRP pumped today. What’s coming next? Let’s break it down:
1. Ripple & SEC may settle.
Today, a court update shows Ripple and the SEC are moving closer to settling the case.
SEC is reportedly lowering its demand from $125M - $50M.
Huge win for Ripple if confirmed. No more legal cloud = confidence boost.
2. 📈 XRP is PUMPING.
Price jumped to ~$2.22–$2.23 on momentum from:
• Bullish legal sentiment
• Strong BTC/ETH rally
• Technical breakout (falling wedge reversal)
Some are eyeing a move toward $3.12 if this trend holds.
3. But wait… what’s this about a massive token burn?
Rumors flying that 10% of XRP’s supply will be burned in 48h.
Sounds wild. But here’s the reality…
4. Fact check: Token burn is FAKE NEWS.
• Total XRP burned since launch: 14 million.
• That’s just 0.014% of supply.
• Daily burn rate: ~4,000–5,000 XRP (from tx fees).
• No scheduled 10% manual burn exists.
This rumor = market noise. Don’t fall for it.
5. So what could happen in the next 48 hours?
✅ Court could file an official motion showing agreement.
✅ If XRP breaks ~$2.25 with volume → target: $2.70–$3.10.
❗ But any negative news (macro or legal) = sharp pullback.
6. TL;DR:
• Real legal progress = real price pump
• Token burn rumor = misleading noise
• Eyes on ~$3.12 breakout IF momentum continues
• But be cautious — RSI is heating up, and volatility could spike
7/ 📊 The XRP case could finally be nearing the finish line. And that would send shockwaves through the entire altcoin space.
Keep watching the charts. Keep watching the court.
🔁 RT this thread to keep others informed.
💬 What’s your XRP target if settlement is confirmed?
$XRP #Ripple #NewsAboutCrypto #new ","images":[],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}