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HomeCrypto NewsMarketBitBoy Says XRP About to Make Investors Rich

BitBoy Says XRP About to Make Investors Rich

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The prominent influencer noted that he expects the legal case between Ripple and the SEC to end soon in Ripple’s Favour.

XRP is poised to be one of the best-performing assets following the Ripple v SEC case resolution. Ben Armstrong, commonly known as “BitBoy,”continues to champion this narrative. The prominent crypto influencer recently asserted that the end of the legal dispute would signal a new wave of wealth for XRP investors who have remained steadfast throughout the ordeal.

BitBoy took to Twitter on Wednesday to express his views, invoking a well-known quote attributed to various individuals, including philosopher Seneca. He stated that the conclusion of the Ripple v SEC case would mark the end of one chapter and the beginning of another.

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According to him, the next chapter to begin is the generation of significant wealth for XRP investors who persevered through the lengthy legal proceedings with the SEC. He encouraged the XRP Army to stay the course, claiming that the time to reap the rewards of their commitment was close.

Additionally, BitBoy indicated that he anticipates the Ripple and SEC legal dispute to conclude soon. However, the XRP community is taking this assertion with a pinch of salt, as the prominent crypto influencer had previously predicted that the lawsuit would end in September 2021, a forecast that did not come to fruition.

To assuage any skepticism, BitBoy acknowledged that his September 2021 forecast did not pass. However, he clarified that his recent remarks were not mere predictions but grounded in factual information, as the trial calendar is expected to conclude imminently.

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As reported previously, Attorney John Deaton forecasted that a ruling would come on or before May 6.

 

Analysts Remain Bullish on XRP

BitBoy’s recent comments align with his earlier statements regarding XRP’s potential for growth. Last Tuesday, Bitboy anticipated that XRP could cement its position as one of the top-performing assets in the next bull run, provided Ripple receives a favorable settlement in the SEC lawsuit without any appeal.

This claim is based on the notion that the conclusion of the legal battle will alleviate the pressure weighing on XRP since the lawsuit began in December 2020. Despite the prolonged legal uncertainty, XRP has demonstrated impressive performance, currently up 42% in the past month.

BitBoy and most crypto analysts believe XRP’s recent rally in the face of the SEC lawsuit is evidence of its potential to soar to unprecedented heights once the legal pressure is lifted.

As reported by The Crypto Basic, veteran trader Peter Brandt last month predicted that XRP could reach a minimum price of $3 shortly. The asset is trading for $0.5064, down 0.21% in the past 24 hours.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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