$XRP – WHY SHOULD WE HOPE?
The praise for #XRP has been mentioned too much, but if we look deeper, there are points that we cannot ignore.
1.History of surpassing Bitcoin: $XRP is the only coin that has ever surpassed Bitcoin's market capitalization, this cannot be considered a coincidence. It affirms that XRP is not a trivial coin, but has real value and potential.
2.Restraining from behind: Since surpassing BTC, XRP has been restrained by forces that do not want its strong development. Perhaps, there are people who see the risk in letting XRP develop freely and strongly.
3.Concentration of power: Currently, the majority of XRP is in the hands of Ripple and "whales", as well as large exchanges. Similar to Bitcoin, only a few people own a large amount of coins. If this is a "chicken herding" game, then XRP holders are the ones who "trap" themselves?
4. Strong resilience: The project has been revived after 6-7 years of "clinical death" and now faces a promising future. This shows that $XRP is not an easy project, and the team behind it has a clear strategic vision.
5. Bright technical analysis: XRP's technical indicators are all very strong. The bull flag is signaling a price increase, the current greed index is at a favorable level, and positive news is increasing.
6. SEC and the big challenge: The only thing holding back XRP's growth is the legal issue with the SEC. XRP's success or failure will depend on this. Although everything seems to be in XRP's favor at the moment, as long as the SEC is involved, its future is still 100% uncertain.
Once the SEC recognizes XRP as a legal entity, all the current limitations will no longer matter. Only then can XRP break out and become a real "dragon". At that time, ATH (All-Time High) will be a small matter, and XRP will have the potential to reach new heights.
XRP is a coin with both very special advantages and disadvantages. That is why I still believe in it and am curious about it. However, it is all just personal thoughts. We need time to verify.
#Mr_Pips