You’re one of the nicer responders not being sarcastic here (which is one of the reasons why I hate the forums and the Telegrams as followers are either nut advocates or antagonistic) so I will thank you for that.
As to the ultimate why of why this is happening now I think it is more tied to Ripple’s succeeding in its lawsuits against the SEC which are literally carrying/saving the entire market of crypto (if not just a large part) from being made illegal entirely and removing major barriers to legitimate projects like XRP, SOL, ETH, BTC, etc. That shadow of the potential legal consequences is something that affects any market while it is being resolved because questions for both investors and creators alike are around “What will happen to my investment if the government does x?”. Ripple has essentially put forward ALL of the financial and legal resources to have these things defined with nobody else really making any defense short of a few exchanges like Coinbase which is in less hot water than Binance as it doesn’t have the money laundering accusations as I recall.
I am not a legal or financial advisor or an official crypto analyst but these things do appear to be the root basics.
You’re one of the nicer responders not being sarcastic here (which is one of the reasons why I hate the forums and the Telegrams as followers are either nut advocates or antagonistic) so I will thank you for that.
As to the ultimate why of why this is happening now I think it is more tied to Ripple’s succeeding in its lawsuits against the SEC which are literally carrying/saving the entire market of crypto (if not just a large part) from being made illegal entirely and removing major barriers to legitimate projects like XRP, SOL, ETH, BTC, etc. That shadow of the potential legal consequences is something that affects any market while it is being resolved because questions for both investors and creators alike are around “What will happen to my investment if the government does x?”. Ripple has essentially put forward ALL of the financial and legal resources to have these things defined with nobody else really making any defense short of a few exchanges like Coinbase which is in less hot water than Binance as it doesn’t have the money laundering accusations as I recall.
I am not a legal or financial advisor or an official crypto analyst but these things do appear to be the root basics.