Xrp is an old coin in the market, and the rally we see nowadays is very good. It's been a very long time since we have seen a rally for this coin in the market, and finally, it is happening, so it's great news for all of us. Everyone who is holding an xrp coin must be pleased. Earlier this coin was known as Ripple. Later on, the coin was rebranded to X R P. The current price looks good and looks like one dollar for this coin is not far away.
Earlier this coin did not perform well or you can say that in the last bull run cycle, this coin did not do well because of the security and Exchange Commission chaos. Now SEC chairman Gary Gensler is going to be kicked out of the Security and Exchange Commission after Donald Trump came into power. All the projects considered as security by the Security and Exchange Commission will hopefully be given relaxation, which is why such projects will grow a lot.
XRP has gone through a tough time and a fight with these government authorities because of Gary and now things are looking good. It is just the start and looks like the XRP price coin will also be doing good it is the start of some sort of bull run if we look at the market closely.
I am the holder of XRP coin so I am happy but I'm not going to book the profit now because I'm expecting more and just trying to keep track of the price movement. I don't know whether it is called Bullrun or not but I believe that we are at the age of the bulletin cycle so it is the time when we need to have some patience.
I am not sharing any type of financial advice for this coin and what I am talking about is just the market sentiment and the current situation which is good at the moment but don't know how it will be later on. If you are a believer in this project then I recommend you to keep on checking the prices from time to time to see how it works.
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