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Do not sell your XRP until all these things happen.
In a recent tweet, the cryptocurrency trader and technology enthusiast TheXRPguy advised XRP holders to maintain their positions until some expected events occur. These events include the launch of RLUSD (already in operation), the inauguration of Donald Trump, the departure of SEC Chairman Gary Gensler, the resolution of the Ripple lawsuit, the start of altcoin season, Ripple's announcement regarding important banking partnerships, and the approval of the XRP Exchange Traded Fund (ETF) by the trading fund.
The Issuance of RLUSD and Legal Procedures of Ripple RLUSD, a stablecoin introduced by Ripple, has been launched, marking a significant milestone for the company. This stablecoin aims to facilitate seamless transactions within the Ripple ecosystem, potentially enhancing the utility of XRP. In addition, TheXRPguy lists the end of Ripple's legal battle with the U.S. Securities and Exchange Commission (SEC) as an anticipated event, as it will reinforce the confidence of large investors in this token. Political Developments and Regulatory Changes The political landscape has shifted with the re-election of President Donald Trump. His administration is seen as more crypto-friendly, which could lead to regulatory changes beneficial to the cryptocurrency industry. It is noteworthy that SEC Chairman Gary Gensler is expected to resign, potentially paving the way for executives to adopt a more lenient position on digital assets. Such changes could promote innovation and facilitate approvals of new financial products, including cryptocurrency ETFs. Expected Market Volatility and Institutional Acceptance The cryptocurrency market is on the verge of altcoin season, characterized by significant price increases in alternative cryptocurrencies such as XRP. This phase often occurs after a surge in the value of Bitcoin, prompting investors to explore other digital assets. Furthermore, Ripple is expected to announce a partnership with a major banking institution, which could enhance the credibility and applicability of XRP in traditional financial systems. The approval of the XRP ETF is expected to provide investors with a regulated avenue to access XRP, potentially increasing demand and positively impacting its market value. The highlighted events mentioned by TheXRPguy represent important milestones that could impact the value and adoption of XRP. Investors should closely monitor these developments as they could have significant implications for the future performance of the cryptocurrency. DYOR! #Write2Earn #Write&Earn $XRP {spot}(XRPUSDT)