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November 22, 2024

XRP Soars Nearly 25% After Gensler’s Departure: What’s Next?

XRP has surged by an impressive 24.9% within the last 24 hours following the announcement of SEC Head Gary Gensler’s departure. The market reacted positively to Genslerโ€™s exit, viewing it as a potential turning point for XRP. Investors are eager to see how this change will affect Rippleโ€™s ongoing legal situation with the SEC. The news has sparked a wave of optimism among traders, prompting intensified buying activity. As XRPโ€™s price continues to rise, market participants assess the broader implications of this development. Is this the beginning of a sustained rally for XRP? Only time will tell as the market responds to these changes.

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