XRP – yes or no?
XRP – yes or no?
Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.
With a market cap of $21m already, how high can this really go if all goes well?
Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.
Are you for or against XRP?
My advice is don’t take it for the bag.
I think based on the price history movement from 2 Bullish Moments. In 2017 and 2021, they reached all-time high 3$ (2017) with Bitcoin ATH 20,000$ meanwhile on 2021 they only reached 1,8$ with Bitcoin ATH 60,000$.
They cannot make a new all time high, meanwhile other crypto can reached to next level. This is just came from basic speculation.
It has already been on its ATH before but another bull run has came but didn’t go back there. Yeah, the case might be one reason why it didn’t go up again.
But for some reasons, many investors are avoiding it until the case is clear but for me even if they will be cleared and win the case still, there won’t be that much difference from the current side that it has got right now. It’s known for being centralized but many likes its cheap and fast transfer so we’ll see.
I think it’s a good idea to risk a small % of your available capital yes. The case against the SEC caused a lot of FUD so most people have steered away from XRP. The fundamentals are the same though, it is a good investment with good utility. It has the potential to bring massive profits. For this reason I would be happy to buy now & wait, in the hope that XRP wins the court case & goes on a big run.