This statement came in response to XRP’s price changes following falsely reported news about a BlackRock exchange-traded fund (ETF). Reflecting on Ripple’s ongoing legal battle with the Securities and Exchange Commission (SEC), Deaton drew parallels with past events where early investors benefited. He referenced Ripple’s legal victory under Judge Analisa Torres, which led to a surge in XRP’s price to $0.91.
With the SEC case nearing its conclusion, Deaton advised investors to consider a strategic approach. He suggested that buying during quieter times and selling during periods of high interest—often fueled by a fear of missing out—could yield substantial returns. Deaton implied that investing before such news becomes widely known to the public could be advantageous. As the Ripple case progresses, market watchers will likely keep a close eye on developments and their potential impact on XRP prices.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Source: Cryptocurrency - investing.com
