Here is what XRP needs to be the ‘next big mover’
Cryptocurrency trader and author Scott Melker has emphasized that after XRP’s explosive move from trading below the $1 mark, the token still has significant potential for a big move in the near future. According to Melker, XRP’s path to becoming the “next big mover” involves more than just its recent history of rapid price action, he explained in an interview with David Lin published on May 17. Melker highlighted that XRP’s breakout was driven by several key developments, including its effective classification as “not a security,” which removed a major regulatory overhang. This legal clarity allowed the token to gain momentum in the optimism of the post-election market. Further boosting sentiment, XRP was included in spot exchange-traded fund (ETF) applications and the possibility of being part of the United States’ strategic digital asset stockpile, reinforcing its status as a major player in the market. However...