- Brandon Biggs predicts XRP’s value will soar to $10,000, citing a divine revelation and recent market developments.
- Federal judge ruled XRP does not violate securities laws, boosting investor confidence and institutional interest.
- Ethereum gains as the SEC suspended its lawsuit a month ago, with a spot ETF approval anticipated, enhancing market optimism.
Brandon Biggs, known for his prophetic insights, has recently in a youtube video predicted XRP, will reach $10,000. This claim comes amidst a backdrop of major developments in the crypto market, including legal victories, shooting of former U.S president Donald Trump and market performance.
Personal Experience and Early Investments
Biggs shared his personal experience with XRP, highlighting his initial investment of $20 through Coinbase in 2017. Despite recognizing XRP’s potential early on, financial constraints prevented him from making a more substantial investment. He reflected on missed opportunities as XRP surged to 23 cents and how his advice led to financial gains for his family during the 2018 bull run.
In the video, Biggs disclosed that he received a divine revelation predicting XRP’s value would surpass $10,000. He discussed XRP’s journey, including the impact of the SEC lawsuit, which led to its delisting from major exchanges. According to Biggs, a message in August foretold that XRP would re-enter the market, a prediction that coincided with the lawsuit’s dismissal.
Legal and Market Developments
On July 13, 2024, a federal judge ruled that XRP does not violate securities laws in most contexts. This ruling brought legal clarity and eliminated uncertainty about XRP’s status, making it more attractive to institutional investors. Analysts believe this decision will boost investment in Ripple’s offerings, enhancing demand and liquidity.
XRP’s adoption by financial institutions is a key factor driving its growth. Many banks and financial entities recognize the benefits of using XRP for cross-border transactions. This increasing adoption, coupled with positive regulatory news, has enhanced growing optimism among investors about XRP’s long-term viability.
The overall bullish trend in the cryptocurrency market has also benefited XRP. As the market recovers, XRP is experiencing a resurgence in interest and investment. At press time, XRP was trading at $0.5301, up 1.98% in the past 24 hours.
Ethereum’s Legal and Market Performance
Ethereum, which he mentioned in the video about it surpassing the $10,000 also, has seen positive developments. At press time Ethereum was trading at $3,331.94, up 4.13% in the past 24 hours, Ethereum recently received favorable legal news.
The SEC suspended its lawsuit challenging Ethereum’s status as a security a month ago. This marks the second favorable decision for Ethereum in six years and coincides with the anticipated approval of a spot Ethereum ETF. Firms like Fidelity, VanEck, Franklin Templeton, 21Shares, Grayscale, and BlackRock have filed for these ETFs.
Brandon Biggs’ predictions and recent legal victories have cast a spotlight on XRP, contributing to its growing popularity and market performance. As regulatory clarity improves and adoption in the financial sector increases, XRP’s future looks promising. Meanwhile, Ethereum continues to strengthen its position with favorable legal outcomes and market advancements.
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