The Great Ripple Circus: SEC’s Latest Drag or Just a Show? 🎭🔥

The Great Ripple Circus: SEC’s Latest Drag or Just a Show? 🎭🔥

In the shadowy corridors of justice, where dreams and fears intertwine like lovers at dawn, the SEC and Ripple have once again grasped at their shared illusion. They beckon the court, a weary judge with the patience of Job, to unravel the tangled threads of injunctions and release the treasure chest of $125 million — perhaps a mere drop in the ocean of their endless saga.

The motion, a passionate plea or perhaps a desperate joke, requests the court to split the gold: $50 million to the SEC, while the remaining hushes into Ripple’s eager hands. Last month’s rejection — a cold slap for hopeful whispers — left the courtroom cold and silent, awaiting new tales.

The paper daringly claims ‘exceptional circumstances,’ including a settlement, the SEC’s crypto policy metamorphosis, and a desire… oh, wait, is this real? to avoid more endless litigation. As if courts aren’t tired enough already.

This follows her May decision, where she said no again—a true courtroom soap opera, folks.

— Eleanor Terrett (@EleanorTerrett) June 12, 2025

Ripple vs SEC: Does XRP Still Dream of Power? 🐟

The motion’s whisper failed to lift XRP’s spirits — the price still sluggish, as if weighed down by unseen chains. This giant of a coin, valued at a staggering $218 billion, and trading volume of $2.3 billion, tumbled 4%, to a mere $2.18 — as if it were a sinking ship in the calm of North American night.

XRP Chart

Upon observing the daily dance of charts, XRPrealized a pattern — an inverse head and shoulder — a herald of bullish dreams, born from the ashes of a bullish breakout last quarter. The stars point toward a brighter second half of 2025, with indicators hinting at a bullish storm. Yet, beware! A close below $2 might turn this dream into a nightmare, leaving holders to sigh under the weight of dashed hopes.

 

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2025-06-13 00:52