Ripple vs. SEC: This expert's warning on XRP sale ahead of ruling

The crypto community is buzzing with anticipation about the outcome of the lawsuit between Ripple and the SEC. Among many users in particular, concern reigns. Some fear that things will turn bad, and are considering selling off their assets before it’s too late. For this expert, that would be a big mistake.

Selling XRP before the final decision: the worst thing to do?

While XRP sales have caused controversy in recent days, a new situation is emerging. Holders of Ripple’s native assets who want to get rid of them. If it is not already the case for several of them.

Indeed, the mood of a part of the Ripple community is currently not very good. The concern about the issue of the lawsuit between the company and the SEC is too high. If some people wonder what would happen if Ripple loses, others do not want to wait and see what would happen. They want to sell outright.

Funny how MASSIVE INSANE amounts of FUD comes out RIGHT BEFORE THE CASE IS OVER #crypto #xrpvale https://t.co/c4lqYAef3d

— KINGVALEX (@VALELORDX) April 25, 2023

Fair enough. But for Edoardo Farina, CEO of Alpha Lions Academy, it would be a big mistake to do so. A mistake that could cost them a lot of money. Because, according to him, the prices of the asset should explode if the justice decides in favor of Ripple. This opinion is in fact that of a large majority of the players in the crypto industry.

Farina’s opinion, expressed in a tweet, has attracted a lot of reactions. Many support his point of view. But some feel that the delay in the ruling in this case, at worst, does not bode well. At best, they say, it significantly hurts the asset’s valuation potential.

And that’s not to mention the potentially long months of worry that many users will have to endure. Regardless, XRP is up 2.53% in the past 24 hours. This is despite a weekly decline of 10.41%. Recently, John Deaton, a staunch XRP advocate, determined that only 4 scenarios were possible in the Ripple vs SEC case.