XRP is hyped due to market cap?
XRP is hyped due to market cap?
I’m new to this area but I already seen a lot of XRP hype up videos/posts/tweets but I don’t really get it. It’s out for some time, it has big market cap but it’s still extremely low on price (IDK how much SEC is contributed to that low price).
So simply put I don’t get it and I would not like to ask it on XRP reddit as I’m afraid of somewhat biased opinions.
An interesting topic for sure, i mean SEC is a major issue for XRP but we dont know how much. Surely, because its cheap we have no idea what will happen once new Government unleashes a more crypto oriented direction
SEC has butt fucked xrp for years massively suppressing its price action. I’m a long holder. It’s definitely putting up some nice returns right now, at last and there’s optimism that with new leadership at SEC deregulation will allow xrp to catch up.
It has a very strong utility case and it’s now the only alt aside from bitcoin that is clearly acknowledged by law to NOT be a security.