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XRP Army hopes for Elon Musk's support



Tesla CEO Elon Musk is one of the most influential figures in the crypto world. Time and again, Musk has succeeded in driving up the price of Dogecoin (DOGE).

It is hoped for Elon Musk's support

Elon Musk values ​​Dogecoin more than Bitcoin, having repeatedly said that the meme coin has more potential than BTC. He cites the cheap and fast transactions as reasons. Although he also recently announced that he also holds Ethereum, he has never commented on it.

Many market participants and supporters of XRP wonder if XRP could ever catch Musk's attention. The XRP Army would appreciate Musk showing his support as they both share a mutual dislike for the US Securities and Exchange Commission.

The well-known on Twitter “CryptoBull” wrote:

“I would love @elonmusk to support the #XRP community. I think he understands more than most how corrupt the SEC is! "

As popular XRP fan “BankXRP” pointed out recently, Musk stated in an interview that he has no respect for the SEC, which supports the view that both the XRP army and Musk share the same stance.

Musk said at the time that he had paid a regulatory fine of US $ 20 million out of respect for Justice.

For some, it would be interesting to find out who has less respect for the SEC. The XRP community has so far not held back with its allegations from the SEC in the ongoing legal dispute between the supervisory authority and Ripple.

For them, the regulator is highly biased and corrupt. They even named some senior SEC officials who they believe have a conflict of interest.

Musk's influence could presumably help XRP find new avenues. Musk has never talked about Ripple or XRP in the past, even if they can have a very energy-efficient network.

Observers assume that the current legal battle between the SEC and Ripple will last even longer and will even go beyond the ongoing expert disclosure phase.

At this point in time, the case can end in a settlement unless the court delivers a judgment. The XRP supporters remain optimistic, however, and assume that the case will turn out to be in Ripple's favor.

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