XRP investors have seen profits soar, with over $670 million realized in gains, as market sentiment surged following a dinner between Ripple executives and former U.S. President Donald Trump. The meeting, while private, sparked widespread speculation about potential regulatory discussions, fueling optimism within the crypto community.
Market analysts attribute the bullish reaction to heightened confidence in Ripple’s potential influence on shaping favorable policies. XRP, which has faced regulatory scrutiny, benefited from renewed interest, with trading volumes spiking in response. The dinner, viewed as a pivotal moment for the cryptocurrency, underscores its resilience in navigating regulatory headwinds while maintaining investor interest.
