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International Business Times
International Business Times
Business
Marvie Basilan

$XRP Back At $1, Flips $DOGE Years Since It Was World's 2nd Largest Token

XRP SEC Donald Trump Gary Gensler Crypto Ripple CoinGecko Dogecoin
$XRP is pumping -- the digital coin has reached $1 and is starting the week in the green. (Credit: IBTimes US)

KEY POINTS

  • $XRP is trading above $1 as of late Sunday night and also climbed to the Top 6 spot on CoinGecko
  • The token has been suffering a downtrend since the SEC sued Ripple late in 2020
  • $XRP used to be the world's second largest digital asset by market value

The XRP Ledger's native cryptocurrency, XRP, has passed the 1-dollar-mark, rejuvenating the XRP community that stuck with the altcoin through years of a downtrend triggered by a late 2020 lawsuit filed by the U.S. Securities and Exchange Commission (SEC).

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