🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
🚀 Why can XRP increase 10 times its current price?
Cryptanalyst Discover Crypto named 5 reasons that will make this possible:
1️⃣Upcoming agreement between Ripple and SEC. It will eliminate uncertainty in the market and allow investors to invest more actively in crypto assets.
2️⃣Potential IPO of Ripple. It is expected to follow the conclusion of the case with the SEC. Legal clarity will prompt most exchanges to add cryptocurrency again.
3️⃣Cryptocurrency legislation. The entire industry needs legislation and will respond positively to its implementation. XRP is a prime candidate for leadership.
4️⃣Institutional acceptance. Considering the recent ETF approval as a signal for mass cryptocurrency adoption, many BTC holders will be adding XRP to their portfolios.
5️⃣Upcoming BTC halving. This event will lead to a sharp rise in many cryptocurrencies, so buying a token at $0.5 will be a good investment.