XRP is the most hated coin, can it rise?
$XRP Price Prediction
Currently, the price of XRP is $0.6196. Based on the latest analysis, the price of XRP can fluctuate significantly. Some predictions suggest that the price could reach around $0.80 by the end of 2024. In the long run, by 2030, the price could rise to around $3.62, which represents a significant growth.
Why People Hate XRP
1. Legal Controversies: Ripple, the company behind XRP, was involved in a long legal battle with the US Securities and Exchange Commission (SEC), which claimed that XRP was an unregistered security. Although Ripple recently won, this dispute created a lot of uncertainty and mistrust.
2. Hacks and Security: There have been security incidents related to the XRP network, such as hacking attempts that affected investor confidence.
Perceived Centralization: Some critics claim that XRP is more centralized than other cryptocurrencies, which goes against the principle of decentralization that many crypto enthusiasts value.
These factors contribute to the negative perception and “hate” surrounding XRP. However, with the resolution of legal issues and continued improvements in security, XRP could have a promising future.
