Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

XRP Price to Explode if Trump Fires SEC Chair Gary Gensler! Here’s Why

Share This Post

XRP Price

The post XRP Price to Explode if Trump Fires SEC Chair Gary Gensler! Here’s Why appeared first on Coinpedia Fintech News

Crypto commentator Ben Armstrong, widely known as BitBoy, has a striking forecast for XRP: he believes its price could skyrocket if President-elect Donald Trump follows through on his campaign promise to remove SEC Chair Gary Gensler. Trump’s pro-crypto stance has already stirred excitement in the crypto markets, with Bitcoin surging past $76,400 on the news of his election win. Meanwhile, XRP has also seen an upswing, reaching $0.5739, its highest level in 30 days.

With the changing political scenario, XRP is posed to go higher. Let’s find out!

Why XRP Price Could Be Poised for a Big Move?

BitBoy’s rationale centers on the SEC lawsuit that shadowed XRP’s performance for years, leading many in the XRP community to see Gensler as a roadblock to the asset’s potential. If Trump ousts Gensler, Armstrong believes it could clear the way for XRP to join the ranks of top-gaining cryptos. The SEC’s actions during the 2021 bull market, according to some XRP holders, prevented the token from achieving new highs. With Gensler removed, BitBoy sees a unique opportunity for XRP to lead a new cycle of growth, possibly echoing the massive 2017 bull run when XRP posted staggering gains.

Skeptics Remain Doubtful of XRP’s Pump Potential

However, not everyone agrees with BitBoy’s optimistic outlook. Some crypto voices, like X user Erik Huisman, dismiss the idea that Gensler’s departure would create such a substantial impact on XRP’s price. Critics argue that XRP has already navigated the regulatory hurdles it faced during the SEC lawsuit and is now operating under a more favorable regulatory landscape, reducing the need for a dramatic catalyst.

Can XRP Mirror the 2017 Surge, Post Trump’s Win?

As Donald Trump’s presidency approaches, there’s growing speculation about SEC Chairman Gary Gensler’s future. Some believe he might step down voluntarily instead of being forced out. Many in the crypto community are hopeful that Trump’s policies could benefit the market, especially by easing regulatory pressures. If Trump does remove Gensler, supporters of XRP think it could trigger a big price rally.

However, there are still some who are skeptical about whether this will happen and what effect it will have on XRP’s price. BitBoy’s prediction that XRP could see a major surge if Gensler is fired is gaining attention, and excitement is building among crypto enthusiasts. With Trump about to take office, all eyes are on the SEC and how these changes could impact the crypto world. 

With IPO, and stablecoins all in the pipeline for next year, is this the right time to invest in XRP? Tell us your views. 

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

XRP Price Still On Bullish Path To $5 As Long As This Level Holds

The XRP price continues to show strong bullish signals in the medium term, with a crypto analyst forecasting a significant move to a new ATH Despite ongoing market fluctuations, the cryptocurrency

Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?

On-chain data shows the Bitcoin network activity has recently declined into the bear market zone Here’s what this could mean for the asset CryptoQuant’s Bitcoin Network Activity Index Is

Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025

Crypto venture capital (VC) firms are experiencing operational strain and consolidation, even as project-level fundraising gains momentum  In the first quarter, crypto startups raised $585 billion,

SOL Strategies Deploys $20 Million Funding Round to Buy 122,524 SOL

SOL Strategies has acquired 122,524 SOL following a $20 million funding round, reinforcing its commitment to Solana infrastructure growth and hinting at ambitions for a future Nasdaq uplisting

Ethereum Consolidates As Accumulation Trend Develops – New Bullish Phase Ahead?

Ethereum is under pressure after failing to break above the $1,874 high set on May 1st, a level that now acts as stiff resistance As the broader crypto market begins to heat up, Ethereum remains

Bitwise sees peril in stalled crypto legislation amid political unrest

Bitwise CIO Matt Hougan cautioned that the digital asset market may face a turbulent summer if lawmakers in Washington fail to pass key crypto legislation, despite strong early momentum under