Renowned Singapore-based crypto trading platform Bitrue has called on crypto market participants to consider XRP’s current market price and potentially stock up before its price goes parabolic.
Taking to social media X, Bitrue, renowned for its enthusiastic support of XRP, stated there is always an opportunity to invest in XRP.
“It’s never too late to buy XRP,” the pro-XRP exchange proclaimed.
It's never too late to buy #XRP ?
— Bitrue (@BitrueOfficial) January 27, 2024
While Bitrue’s post may suggest that individuals yet to awaken to XRP’s potential could always have an opportunity to hop on the XRP market, it could also carry a pessimistic undertone.
Crypto Community Agrees, Says XRP Will Remain Same in 10 Years
Crypto community members reacting to the post emphasized the negative undertone. They argued that Bitrue’s commentary is factual in that the price of XRP remains stagnant and unchanging.
An on-chain investigator with X username “Mr. Huber” remarked: “That’s true! It’s never too late to buy XRP because you will always be able to buy it for healthy prices.”
Another commenter echoed a similar sentiment, suggesting that one could return in ten years and find XRP at the same or lower price.
Emphatically, the commenter argued that it would never be too late to acquire XRP as the asset may not experience significant movement or growth in the foreseeable future.
Significantly, these sentiments regarding XRP’s stablecoin trajectory gained momentum in the final quarter of 2023, especially as major cryptocurrencies like XRP engineered explosive growth while XRP itself remained relatively stagnant.
Moreover, analyses emerged indicating that XRP’s current market price of $0.52 precisely mirrored its price from five years ago. It contrasts the trend observable with contenders like Cardano and Ethereum, which have seen over 1,000% growth during the same period.
XRP supporters initially explained XRP’s painful performance with the SEC lawsuit. However, the digital asset has triumphed in the lawsuit, but its price is merely pumped and dumped.
Essentially, XRP’s enduringly discouraging trajectory has progressively fueled frustration among the XRP Army, with many feeling they might be left out of the upcoming crypto bull market.
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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