If Ripple wins against the SEC, the entire crypto industry will go parabolic: David Gokhshtein
Crypto influencer Gokhshtein believes that if Ripple beats the SEC in court, it will be decisive for the entire crypto space
David Gokhshtein, founder of Gokhshtein Media and former US congressional candidate, has taken to Twitter to share his thoughts on the impact a possible Ripple victory in court over the SEC could have on the entire crypto industry.
Should the crypto company win, it will inspire the whole place to shoot into the air, he says.
“If Ripple wins the case -“
The influencer has announced that if Ripple manages to win against the SEC in court, the entire crypto industry will go ballistic. It is something he has repeated from time to time in his tweets. In early September, Gokhshtein tweeted that should Ripple win, it will not only be XRP that will take off, but all legitimate crypto platforms as well. He shared the same thought a year ago.
Moreover, he agreed with Brad Garlinghouse, Ripple CEO, that the result of a possible Ripple victory would also be the emergence of clarity regarding crypto regulation; this is one of the outcomes that Garlinghouse believes is necessary after the trial is over and done with.
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If Ripple wins the case — the entire industry goes parabolic.
— David Gokhshtein (@davidgokhshtein) 21 September 2022
“XRP is the toughest in the crypto space”
Gokhshtein also offered a courtesy to the XRP army, colorfully saying that it is the toughest in the entire crypto industry. He explained his praise by saying that XRP holders have been through so many big and small ups and downs that one needs “patience and diamond hands” to deal with it all.
The $XRP the army are the toughest SOBs in the business.
To go through this whole process you need to have patience and diamond hands.
— David Gokhshtein (@davidgokhshtein) 22 September 2022
Here’s What Has Driven XRP Up 26%
Over the past week, XRP has managed to rise more than 26%. Data provider Santiment believes there have been two drivers: the company’s ongoing battles with the SEC and the high activity of whale wallets.
As noted by U.Today last week, large amounts of XRP have recently been moved – 262 million tokens and 582 million XRP. Ripple itself participated in both, moving 30,000,000 and 50,000,000 XRP externally.
At the time of writing, the seventh largest crypto, XRP, is at $0.4049, per data provided by the platform CoinMarketCap.
