The case for XRP:
- XRP is building a base at 40cents. BTC pair near the bottom. XRP one of the most liquid cryptocurrencies (top 5).
- Large percentage of long term holders washed out after crash in dec 2020.
- Even more people temporarily left to chase gains in other coins, FOMO from this group on goods news guaranteed.
- One founder who has been wanting out for years will run out of selling power somewhere during 2021.
- New SEC administration has a soft stance on cryptocurrency assets. Small chance of dismissal of lawsuit by new administration
- Big chance of settlement in SEC suit somewhere during 2021. Specifically: Ripple filed for partial summary judgement.
Meaning: Separation between past and future sales. XRP not a security currently, regulatory clarity for all. Case against Ripple only regarding past sales (its about money then)
All in all: If you missed the boat during this bullrun and want to get in on the bottom: XRP is your friend.
ps: I am a stranger on the internet, use your own brain in your decision making process.
- XRP is building a base at 40cents. BTC pair near the bottom. XRP one of the most liquid cryptocurrencies (top 5).
- Large percentage of long term holders washed out after crash in dec 2020.
- Even more people temporarily left to chase gains in other coins, FOMO from this group on goods news guaranteed.
- One founder who has been wanting out for years will run out of selling power somewhere during 2021.
- New SEC administration has a soft stance on cryptocurrency assets. Small chance of dismissal of lawsuit by new administration
- Big chance of settlement in SEC suit somewhere during 2021. Specifically: Ripple filed for partial summary judgement.
Meaning: Separation between past and future sales. XRP not a security currently, regulatory clarity for all. Case against Ripple only regarding past sales (its about money then)
All in all: If you missed the boat during this bullrun and want to get in on the bottom: XRP is your friend.
ps: I am a stranger on the internet, use your own brain in your decision making process.