XRP has dropped by more than 18% since November 2023.
In the past year, Bitcoin has skyrocketed 114.46%, outperforming XRP.
Lawyer cited the SEC’s lawsuit against Ripple as the reason for XRP’s poor performance.
XRP, the seventh-largest digital asset, has lagged this cycle despite the recent crypto market rally where Bitcoin hit the $76,000 price level for the first time in history. Bill Morgan, a prominent lawyer and XRP enthusiast, defended the altcoin.
The conversation started with “Scam Daddy” on X (formerly Twitter) highlighting that Bitcoin is up a massive 114.46% since November 2024 while in the same period, XRP fell a substantial 18.72%, making it the worst performer in the top 10 of this cycle. Scam Daddy slammed XRP supporters, saying the altcoin lacks potential for a significant price surge.
Read also: XRP’s Price Targets $1 as Election Patterns Signal Breakout
Bitcoin more than doubled in the last year.
Meanwhile XRP is down 25%
Keep listening to people who tell you XRP has a bigger price return potential. pic.twitter.com/bU9pYIPFnt
— 𝕾𝖈𝖆𝖒𝖘 𝖆𝖗𝖊 𝖇𝖆𝖉 (aka. ScamDaddy𐦐) (@ScamDetective5) November 6, 2…
The post XRP Lags Behind as Bitcoin Soars: Legal Troubles Weigh Down Price appeared first on Coin Edition.
