XRP was recently in the spotlight due to the accusations which are claiming that the coin is a security.
XRP is accused of being a security, and Ripple is also slammed for being the company that created the coin for its benefits.
Ripple’s CEO Brad Garlinghouse said that this whole lawsuit is outrageous, and he gave enough reasons once again for which XRP is definitely not a security.
Over the past 12 months, XRP supporters had their crypto criticized by other communities in the space due to the lack of centralization in the coin.
Such an association with Ripple is the reason for the price of the XRP coin slowing down in the charts.
According to some voices, this is the reason it’s been in such a state since this time two years ago.
Brad Garlinghouse repeated more than once that the company has distanced itself from the flagship digital asset.
Crypto Daily cites an analyst who said:
TO EVERYONE ALIVE ON THE EARTH:
Since people STILL question this, let me be clear again: I stopped making videos and tweeting about #XRP as much because I believe its success is INEVITABLE because of @Ripple! To me, there's no use in continuing to perseverate on it. Done deal.
— DM Logic ⭕️ (@ImTheDebate) January 13, 2020
Someone commented: “Agree. There must be a hundred price prediction videos on YouTube every day now. It’s cringeworthy.”
Another follower said: “Patience takes a long time. Things will evolve as they will. We won’t miss out on anything. It will stare right into our faces.”
One other Twitter user posted this: “There are a lot of great content creators and YouTubers in the #XRP community. Not a bad idea to carve your own niche and be the voice for the CSC community. It suits you. Good luck!”
As you can see, the XRP army of fans are really hopeful regarding XRP and Ripple.
XRP’s price is rallying
XRP’s price is rallying along with the one of BTC. At the moment of writing this article, XRP is trading in the green and the coin is priced at $0.238703.
The coin is expected to hit $0.25 soon, and the long term predictions are bullish.