Exchanges Stand By XRP | XRP Won’t Be Delisted | Cheeky Crypto

Contents

XRP is threatened with delisting from all major crypto exchanges
CONTENT

  • XRP token may be removed from all crypto exchanges due to court decision

  • Tony Weiss supports SEC’s fight against Ripple

  • XRP price fell 22% in 24 hours after announcement of pending lawsuit

International consortium of news organizations, developing transparency standards.

Well-known cryptanalyst Tony Weiss thinks major exchanges will remove the token new types of tokens. They can represent value or something intangible like voices. Two … More XRP from listing if SEC wins lawsuit against Ripple

Update: OSL (Hong Kong Regulated Exchange) has already announced the suspension of trading on all XRP pairs. The company explained its decision by the uncertainty associated with the SEC lawsuit against Ripple.

Kick for XRP Holders

No sooner had XRP holders recovered from the shock over the SEC’s claims against Ripple, new troubles were raining down on them. Experts are confident that the SEC has every chance of winning the lawsuit and banning the sale of XRP token.

XRP is threatened with delisting from all major crypto exchanges

In this case, the exchanges will be forced to remove the coin from the listing..

In particular, such a statement was made by the famous cryptanalyst Tony Weiss.

“The SEC does not attack cryptocurrencies. In this business, we are not all in the same boat. XRP is a centralized fraudulent system. Nobody can argue with that. If this lawsuit ends in favor of the SEC, XRP should be removed from the list of all cryptocurrency exchanges, ”he wrote..

We will remind that earlier the founder of Ripple Brad Garlinghouse positioned the XRP token as a more environmentally friendly and efficient version of bitcoin, than just angered crypto enthusiast Tony Weiss.

“XRP will never compare to Bitcoin or even Ethereum. The enrichment of its creators is the sole purpose of XRP’s existence, ”said Weiss.

Fortune reported yesterday that the US Securities Commission is going to file a lawsuit against Ripple for distributing unregistered securities, which the SEC believes are XRP tokens..

What will happen to the XRP price

The news of the litigation with the SEC could not but affect the value of the XRP token.

XRP is threatened with delisting from all major crypto exchanges

Over the past day, the price of the token has decreased by 22% and by moment of writing is $ 0.35.

Note that at the beginning of last week XRP showed stable growth and even crossed the $ 0.52 mark.

“It is expected that the XRP rate may decline to $ 0.52, after which it will resume growth in the direction of $ 1. If support in the $ 0.52 area does not hold out, XRP could weaken towards $ 0.35. A rise above $ 0.659 will confirm the bulls’ determination to move north, ”commented on the behavior of the coin BeInCrypto cryptanalyst Valdrin Tahiri.

However, the future of the coin now looks hazy..

XRP is threatened with delisting from all major crypto exchanges

If the court’s decision remains on the side of the SEC, then XRP generally risks disappearing from the cryptocurrency market.

Disclaimer

All information, contained on our website, published in good faith and objectivity, and for informational purposes only. The reader bears the full responsibility for any actions, committed by him on the basis of information, obtained from our website.

Share Article

XRP is threatened with delisting from all major crypto exchanges

By admin