Elon Musk and the dramatic names ๐๐๐๐๐
3li7assen
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Bullish
$XRP
XRP is leading the Trump bull run. But can it really sustain it?
The rally could extend to $3.50. However, the bears are trading at $2.91, and they are ready to fight tooth and nail to prevent the price from rising.
XRPโs secret sauce may be its unique consensus mechanism. Unlike Bitcoinโs energy-intensive proof-of-work or Ethereumโs proof-of-stake, XRP uses a cheaper, more efficient method.
Hogan points to this as a fundamental strength, saying itโs the reason XRP has survived boom-and-bust cycles that would have buried less resilient projects. โThis technology works and it works at a low base cost,โ he said.
The problem? XRPโs real-world use hasnโt taken off as its proponents had hoped. Critics argue that Rippleโs focus on business-to-business solutions puts it in a strange position, especially when regulators have a sword hanging over its head.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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