Well, slap my crypto wallet and call me bullish! XRP just did a little jig all the way back to $3 after Ripple finally gave the SEC a legal wedgie and said, “Later, losers!” 🤑 The markets are going bananas, and investors are dancing like they just found a hidden Satoshi Nakamoto treasure map! 🗺️
According to the ever-reliable James K. Filan (aka the Crypto Whisperer), the Joint Stipulation of Dismissal of appeals filed by both parties on Aug. 7 got the green light from the Second Circuit. 🎊 That’s right, folks-the legal drama is over, and Ripple is now free to conquer the world… or at least Japan. 🇯🇵
Speaking of Japan, Ripple just inked a deal with SBI VC Trade to distribute their shiny new stablecoin, RLUSD. 🥳 Meanwhile, Bullish announced their $1.15 billion IPO will be settled in stablecoins, including RLUSD. That’s like settling a bar tab with Monopoly money, but somehow it works! 🎮
XRP Breaks the $3 Barrier Like a Boss! 💪
XRP shot up from $2.78 to $3.10 faster than you can say “Jerome Powell.” 🏃♂️💨 The Fed chairman dropped hints about a September rate cut at Jackson Hole, and the markets went full-on disco fever. 🎉 The daily SMA 50? Pfft, XRP laughed in its face and said, “I’ll see you in the rearview mirror!” 🚗💨
At the time of this crypto comedy, XRP was chillin’ above $3, up 8.54% in the last 24 hours to $3.03. Trading volume? Up 83% to $10 billion. That’s more action than a Mel Brooks movie marathon! 🎬
Traders are now popping popcorn 🍿 and watching to see if XRP can flip the daily SMA 50 into a support pillow and aim for those sweet, sweet highs of $3.38 and $3.66. But hey, if it dips below $3, the daily SMA 200 at $2.46 is waiting like a safety net at a clown college. 🤡
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2025-08-23 17:50