XRP’s price booked an incredible 100% gain on the same day as the landmark ruling in the XRP securities case, but buyers are now struggling to hold on to these gains.
The price surge came after Judge Analisa Torres of the United States District Court for the Southern District of New York ordered that XRP (XRP) sales to retail investors do not qualify the token as a security in the U.S. Securities and Exchange Commission’s (SEC’s) case against Ripple.
This story originally appeared on Investing