XRP Price Surges 24% As SEC Chair Gary Gensler Announces Resignation, While Experts Say This Innovative Meme Coin Might 100X
The XRP price surged 24% in the last 24 hours to trade at $1.4026 as of 11:35 p.m. EST on trading volume that skyrocketed 132% to $16 billion. This follows the announcement by Securities and Exchange Commission (SEC) Chair Gary Gensler, known for his aggressive stance on cryptocurrency and financial market oversight, that he will step down from his position on January 20, the day Donald Trump is inaugurated as president. On January 20, 2025 I will be stepping down as @SECGov Chair. A thread 🧵⬇️ — Gary Gensler (@GaryGensler) November 21, 2024 President-elect Donald Trump had pledged during his campaign to remove Gensler from his position ”on day one.” Following Gensler’s announcement, Ripple, one of the companies impacted by his regulatory approach, has seen its native token, XRP, soar. XRP Price Set For A Continued Rally According to the XRP/USD Analysis , the XRP price is experiencing a significant bullish breakout. This is evidenc...