Jungle

Coin

<ul class="news-points"> 
 <li>Jungle, a top XRP figure, believes that the end of 2023 may not be great for XRP.</li> 
 <li>The analyst cited economic factors such as rising interest rates and the ongoing housing market for his caution.</li> 
 <li>However, he pointed out some positive developments in the crypto industry on the horizon.</li> 
</ul> 
In a recent tweet, a prominent figure in the <a href="https://coinedition.com/xrp-price-action-what-will-determine-the-tokens-future-value/" rel="noopener noreferrer nofollow">XRP</a> community, Jungle, elaborated on the reasons people incorrectly believe that he had turned against XRP. 
Jungle first acknowledged the historic victory that Ripple and XRP achieved in the legal battle. He mentioned that the court’s ruling marked a turning point. Yet, he expressed that it was just the beginning of the healing process for the crypto industry, not the culmination. 
However, the influencer expressed a cautious outlook for XRP as the year rolls to an end. Specifically, he said: “I don’t believe the END OF 2023 will be great for XRP …” 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 2. I don't believe the END OF 2023 will be great for XRP or crypto in general. Times are financially tough for many. The Fed looks to keep interest rates elevated. It just doesn't feel like a great time for growth. S&amp;P 500 is up 16 % YTD and the housing market is still elevated— Jungl… 
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The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/end-of-2023-will-not-be-great-for-xrp-says-prominent-xrp-figure/">‘End of 2023 Will Not Be Great for XRP,’ Says Prominent XRP Figure</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

‘End of 2023 Will Not Be Great for XRP,’ Says Prominent XRP Figure

Coin Edition

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