Popular Wall Street executive Linda P. Jones believes altcoins are trading at a “deep discount”
Wall Street executive Linda P. Jones recently shared her bullish stance on several altcoins, including $XRP, Algorand ($ALGO), and Stellar ($XLM). She believes these altcoins are currently trading at a “deep discount” and has advised her followers to invest in them. While she acknowledges that prices could still fall further, she believes the odds are in favor of a substantial price increase within the next two years.
Key Points:
- Linda P. Jones believes altcoins like $XRP, $ALGO, $XLM, and $XDC are trading at a “deep discount.”
- She advises her followers to invest in these altcoins at their current low prices.
- Jones believes there is a high likelihood of a significant price increase in the next two years.
- Cryptocurrency investment products focusing on $XRP have seen a rise in assets under management and consistent inflows.
- A recent ruling by Judge Analisa Torres differentiated between sales to institutional investors and on exchanges, boosting XRP’s liquidity.
Hot Take: Linda P. Jones, a well-known Wall Street executive, has expressed her optimism about altcoins such as $XRP, $ALGO, and $XLM. She believes these altcoins are currently undervalued and advises her followers to invest in them. While there is still a risk of further price drops, Jones believes that the odds are in favor of a significant price increase within the next two years. Additionally, the recent ruling on XRP’s status as a security and the increase in daily transactions on the XRP Ledger suggest positive developments for these altcoins.