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Crypto influencer Ben Armstrong, also known as *BitBoy*, believes the price of XRP could jump if President-elect Donald Trump follows through on his campaign promise to fire SEC Chair Gary Gensler. Yesterday, Trump won the 2024 election, and during his campaign, he stated he would replace Gensler on his first day in office.
After Trump’s win, the crypto market saw a big boost. Bitcoin reached a new record of $76,400, and XRP hit $0.5739, its highest point in a month. Armstrong suggests that with Gensler gone, XRP “might be the coin in the crypto top 100 that pumps the hardest off of Trump’s presidency.”
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