The crypto community is impatient with the outcome of the lawsuit between Ripple and the SEC. In the rank of number of users in particular, concern reigns. Some fear that things will turn sour, and plan to dispose of their assets before it is too late. For this expert, it would be a big mistake.
Selling your XRP before the final decision: the worst thing to do?
While XRP sales have been controversial in recent days, a new situation is emerging. That of the holders of the native asset of Ripple who wish to get rid of it. If this is not already the case for several of them.
It must be said that the morale of part of the Ripple community is currently not in good shape. The concern about the outcome of the lawsuit between the company and the SEC is too great. While some wonder what would happen if Ripple lost, others don’t want to wait to see what happens. They just want to sell.
Legit. But for Edoardo Farina, CEO of Alpha Lions Academy, it would be a big mistake to do so. A blunder that could cost them dearly. Because, according to him, the prices of the asset should explode if justice rules in favor of Ripple. This opinion is in fact that of a large majority of players in the crypto industry.
Farina’s opinion, expressed in a tweet, aroused many reactions. Many support his view. But some believe that the delay in rendering the decision in this case, at worst, does not bode well. At best, they tell themselves, it significantly harms the asset’s valuation potential.
Not to mention the potential long months of worries to endure for many users. Anyway, XRP has increased by 2.53% in the last 24 hours. This, despite a weekly decline of 10.41%. Recently, John Deaton, a staunch defender of XRP, established that only 4 scenarios are possible in the Ripple vs SEC case.
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