Crypto commentator Ben Armstrong, better known as BitBoy, has an interesting prediction for XRP’s future. He believes that if President-elect Donald Trump follows through on his campaign promise to remove SEC Chair Gary Gensler, XRP’s price could soar. Trump’s pro-crypto stance has already sparked excitement in the market, with Bitcoin climbing above $76,400 after his election win. At the same time, XRP has also seen a boost, reaching $0.5739, its highest point in 30 days.
But is this just the start for XRP?
BitBoy’s reasoning centers on the SEC lawsuit that has held back XRP’s price for years. Many in the XRP community see Gensler’s leadership as a roadblock to the token’s true potential. If Trump removes Gensler, Armstrong believes XRP could break free and join the ranks of top-performing cryptocurrencies. Some XRP holders argue that the SEC’s actions during the 2021 bull market prevented the token from reaching new highs.
With Gensler gone, BitBoy sees a chance for XRP to start a new phase of growth, potentially mirroring the massive gains of the 2017 bull run.
Skeptics Remain Doubtful of XRP’s Pump Potential
While BitBoy’s prediction is exciting, not all crypto experts share his optimism. Some, like X user Erik Huisman, argue that Gensler’s removal won’t have the huge impact on XRP’s price that BitBoy expects. Critics believe that XRP has already faced the worst of the SEC lawsuit and is now operating in a friendlier regulatory environment. For these skeptics, a major policy change might not be the key to boosting XRP’s price.
As Trump prepares to take office, speculation grows about Gensler’s future. Some believe he might step down voluntarily, avoiding a forced exit. The crypto community hopes that Trump’s policies could ease regulatory pressures, creating a more favorable market. If Trump does decide to remove Gensler, XRP supporters are betting that it could trigger a major price rally.
With IPOs, stablecoins, and other key developments on the horizon, many are wondering if now is the best time to buy XRP. If Gensler is removed, it could provide a boost to the asset, but only time will tell if this will lead to the big price surge that BitBoy is predicting.
As Trump’s presidency begins, all eyes will be on the SEC and how these changes could impact the crypto world—especially XRP.
The memecoins have begun to rise as Bitcoin displays massive stability after the recent upswing.…
The top 220 $TRUMP holders by May 12 will be eligible for the Gala dinner…
SOL Strategies agreed with ATW Partners to issue a convertible note of up to $500M.…
The crypto markets are healing after the trade war losses that wiped out billions from…
The crypto community has long awaited a pro-crypto era in the U.S., hoping for clearer…
The crypto market is having a great day, and meme coins are leading the way.…
