Top Analysts Assert XRP Is Not Easy to Hold, Deserves a Spot Among Top 3 Crypto

Top analysts are voicing their opinion on XRP, asserting that the cryptocurrency deserves to be ranked among the top three in the market.

Edward Farina, the Head of Social Adoption at XRP Healthcare, took to Twitter to emphasize that holding XRP is not for the faint-hearted, citing various obstacles and risks associated with the asset.

Specifically, Farina cited the persistent fear, uncertainty, and doubt (FUD), the ongoing regulatory lawsuit, the delistings from several U.S. exchanges, price manipulation, and the toll it takes on the mental well-being of investors. 

$XRP is not an easy asset to hold, lots of FUD, SEC lawsuit, it has been delisted from several US exchanges, lots of price manipulation & plenty of people losing their sleep.

That is exactly the reason I’ll never sell it.

Definitely not meant for everyone. ?

— EDO FARINA ? XRP (@edward_farina) June 28, 2023

However, Farina stressed that these obstacles represent why he remains steadfast in his decision never to sell XRP, stating that it is an asset not meant for everyone.

Crypto Community Weighs in 

In response to Farina’s tweet, a pseudonymous crypto proponent recognized XRP as an attractive coin to buy and hold, particularly for newcomers looking to build a robust portfolio for the next bull run. 

However, the Twitter user cautioned against going overboard and acknowledged the inherent risks in the volatile crypto market.

Another commenter urged individuals to view all aspects of life as a gamble, emphasizing the importance of conducting thorough research, educating oneself, and believing in the assets one holds. 

A trader chimed in, expressing confidence in XRP due to its global connections and adoption, despite attempts by the U.S.U.S. to hinder its progress. The trader highlighted the clarity surrounding the potential of XRP, even in the face of regulatory challenges.

In addition, an XRP enthusiast saw the current period as an excellent opportunity to accumulate more XRP, emphasizing that the price would remain below 50 cents for an extended period.

XRP Deserves a Top 3 Spot

In a separate thread, TheDustyBC, a prominent crypto influencer, contented that XRP’s current low price does not represent its true value, arguing that it deserves to be back in the top three rankings.

#XRP’s price is so low…

It deserves to be back in the top 3

— DustyBC Crypto (@TheDustyBC) June 28, 2023

According to the popular market tracking website, CoinMarketCap, XRP ranked as the third largest crypto, with a market share of nearly $10 billion in December 2019. That was precisely a year before the U.S.U.S. Securities and Exchange Commission (SEC) filed charges against Ripple Labs for allegedly selling XRP as an unregistered security.