An XRP Critic Considers Buying the Crypto Token Despite Reservations
A critic of XRP has surprised many by revealing that he is bidding for the crypto token. This individual, known as Cousin Crypto, has been critical of XRP and its community in the past. However, he believes that there is an opportunity for reasonable profits from the token, despite his reservations.
Reasons Behind the Decision
Cousin Crypto’s decision to bid on XRP is based on his belief that a significant rally for the token is overdue. He points out that XRP has been relatively quiet compared to other major altcoins, which have seen more action in the market. As a result, XRP has dropped to the sixth-largest cryptocurrency by market cap after reaching the fourth position earlier this year.
In addition, a well-known crypto analyst, Davinci Jeremie, recently predicted that XRP will reach $1.33 quickly through market manipulation. This further supports Cousin Crypto’s belief that a pump for XRP is imminent.
The Divide on XRP’s Price
There are conflicting opinions about the price of XRP. Some, like Davinci Jeremie, argue that the price is manipulated to artificially increase its value. Others believe that Ripple, the company behind XRP, is suppressing its price. Regardless of these debates, Cousin Crypto hopes that XRP experiences a pump soon.
XRP: A Scam?
Despite considering investing in XRP, Cousin Crypto still maintains his reservations about the token and refers to it as a scam. He is not alone in this opinion, as finance expert Rajat Soni has also recently expressed similar sentiments.
Cousin Crypto takes a playful jab at the XRP community, teasing them about the lack of progress in banks adopting XRP and the unrealistic price predictions, such as XRP reaching $10,000. However, other crypto analysts like Egrag Crypto continue to reassure the XRP community that these predictions may still come true.
Looking Beyond Negative Narratives
Despite the criticism and doubts surrounding XRP, there are voices within the community urging others to remain patient and focus on the bigger picture. A pro-XRP legal expert suggests that recent price fluctuations should not be a cause for concern. Additionally, XRP YouTuber Moon Lambo encourages the community to ignore negative narratives and believe in the future success of XRP.
Hot Take: XRP’s Future Amidst Criticism
Despite being a critic of XRP, Cousin Crypto sees an opportunity for profits by investing in the token. This highlights the unpredictability of the crypto market and the potential for even skeptics to change their stance based on market conditions. The divide regarding XRP’s price manipulation and its true value continues to be a topic of debate. However, amidst this criticism, there are individuals who remain optimistic about XRP’s future success and believe that it will eventually rise in value. Only time will tell how XRP will fare in the volatile crypto market.
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