The crypto influencer’s decision is based on the speculations that the SEC v Ripple case will likely end soon.
Ben Armstrong, commonly known as “BitBoy”, has divulged that his top altcoin picks for the next bull run is XRP, citing several reasons. BitBoy’s reasons are based on speculations that the legal tussle between the US SEC and Ripple will likely end soon.
BitBoy disclosed his decision in a YouTube video he shared today through his Twitter handle. He says XRP is the one altcoin he is entirely confident in as the crypto markets head toward the next bull run.
What is the one altcoin I can feel confident on heading into the next bull run? It's none other than XRP! ❌ I detail why this is the case, looking into the impending end of the Ripple vs. SEC legal case and what it can mean for the future of the altcoin.https://t.co/OuGl5aOeuK pic.twitter.com/tEOTJTExkt
— Ben Armstrong (@Bitboy_Crypto) April 14, 2023
In the video, the prominent influencer disclosed that he is confident Ripple Vs. SEC lawsuit could end anytime now, as the trial calendar is closing. He predicted an end in June or July, based solely on personal conviction, but noted that Judge Torres could deliver a ruling anytime.
BitBoy further noted that XRP’s forecasted run is contingent on Ripple winning the case through a settlement or an outright win. However, he disclosed that he would prefer a settlement, as that would eliminate the chances of an appeal from the SEC. An appeal would further sustain the legal pressure on XRP.
It bears mentioning that Attorney John Deaton has repeatedly stressed that he does not feel the case would end in a settlement. Moreover, Coinbase CLO Paul Grewal noted that an appeal is likely to emerge following a ruling on the case.
XRP to Get Rid of Legal Pressure
According to BitBoy, if the case ends in a settlement, chances of an appeal are eliminated, and XRP would be rid of the legal pressure mounted on it, allowing it to surge.
In addition, he highlighted that if Ripple wins, XRP will stand tall as the only asset that has gone through a trial and is deemed a non-security. This would make it unique.
BitBoy also called attention to XRP listings on exchanges that have delisted it due to the SEC litigation. He pointed out the asset could rally whenever a major exchange like Coinbase relists it.
This would not be the first time the influencer is tapping XRP to outperform all other assets in the next bull run. He made similar claims in a tweet on April 4.
BitBoy also asserted on Wednesday that XRP would make investors rich once the SEC case ends. Amid the asset’s latest rally, he mentioned that investors are adding to their bags due to a favorable insider report.
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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