On May 6, pro-XRP lawyer Bill Morgan aimed to clear the air around Ripple’s XRP sales, addressing the FUD within the XRP community. He argued that Ripple’s strategy is to increase XRP’s utility, not to negatively impact its value. Despite the spread of misinformation, XRP’s price has shown resilience, with a 2.38% increase in the past 24 hours and a 7.35% rise over the week, indicating a positive momentum. Egrag Crypto’s analysis suggests XRP could potentially hit or exceed $1, based on its current structural, sentiment, and macro factors. This narrative underscores the strategic efforts by Ripple and its community to foster long-term growth and utility for XRP.
