Crypto Influencer Explains Why You'll Wish You Bought More XRP in 5 Years
Ben Armstrong, known as BitBoy on social media, has again garnered crypto community attention with his XRP support. The famous crypto critic stressed the importance of buying in XRP at its present pricing in a recent piece.
BitBoy said investors who miss out on XRP may regret it in five years. His comments appear to anticipate a big XRP price increase in five years.
BitBoy is renowned among crypto traders and investors. The crypto influencer has long been positive on XRP. Thus, BitBoy has reaffirmed his cryptocurrency belief. BitBoy's status as a crypto influencer helped his recent positive stance on XRP go viral, even if he didn't analyze it.
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As predicted, his comments drew diverse community responses. Some voiced BitBoy's optimism, while others were dubious. Ben (@kcryptoinvest), with 372,200 followers, voiced dissatisfaction. After five years of owning XRP, he has seen no big profits, since the cryptocurrency's price remained same from when he purchased in.
Another enthusiastic investor, (@myfriendblondie), with 24,200 followers, said five years may be too long. Those on the fence regarding XRP may regret losing out on its potential gains in one year.
Future of Altcoin?
BitBoy is one of a diminishing number of investors that still like XRP despite recent price changes. BitBoy confidently projected that XRP will reach $15–35 in 18 months in July 2023. Since then, XRP's price movement has been poor, and many investors are giving up on the digital asset.
Long-time investors have been irritated by XRP's limited trading range between $0.50 and $0.60 over a year. Even when the high-profile legal fight between Ripple and the SEC ended, the market did not rebound. Crypto has been called dead by many. Since the SEC's appeal has put the XRP price back in the lawsuit's shadow, sentiment has deteriorated.
XRP now trades at $0.5381. The introduction of Spot XRP ETFs is expected to boost XRP prices.
#XRP #Ripple $XRP
