The rebound of XRP from the abyss continues to be a hot topic in the crypto scene, with even prominent critics expressing interest.
This week, XRP attained its highest value in three months after advancing by over 30%, ultimately emerging as the best-performing token among the top 20.
Prior to this, XRP was perceived as the least favorable asset to hold. Some critics even suggested that staunch XRP proponents appear uninterested in accumulating wealth. As a result, XRP’s rebound is stirring significant sensations from unusual quarters.
Bitcoin Maxi Keeping “Very Close” Eye on XRP
MMCrypto, a well-known pro-Bitcoin pundit with 1.4M followers, took to social media X to express a surprise interest in XRP. Despite admitting that he is not a fan of the cryptocurrency, he revealed that he is closely monitoring XRP’s recent performance.
The sudden frenzy surrounding XRP has piqued his interest to the point where he is considering investing in the asset, a likely departure from his usual Bitcoin-centric views.
I am NOT an $XRP fan AT ALL!
But I am keeping a very close 👀 on it currently!
— MMCrypto (@MMCrypto) July 17, 2024
The XRP community has taken notice of MMCrypto’s sudden interest in the cryptocurrency. Commenters humorously expressed that it is expected that former naysayers will jump on the XRP bandwagon.
Before XRP’s recent market surge, market analyst Krillin reiterated his long-held belief that XRP is a “scam” but consented that its price was approaching an “area of interest,” implying that it was poised for a notable move.
Indeed, this projected upside move materialized as XRP advanced by approximately 43% from last Friday when he made the commentary. The skeptic analyst has acknowledged XRP’s comeback in a follow-up update, saying, “Call me when XRP hits $1.”
Going to the gym, call me when $XRP hits $1. https://t.co/Wg91PgbrCI
— krillin ॐ (@LSDinmycoffee) July 16, 2024
XRP Also Gets Bloomberg’s Attention
Aside from community market analysts, XRP’s resurgence has also caught the attention of mainstream media outlet Bloomberg. In a recent report, Bloomberg referred to XRP as a “little-known cryptocurrency,” highlighting that it has stolen the spotlight in the market.
Specifically, the article stated that XRP is leading the current rally, attributing it to speculation about Ripple’s lawsuit settlement. Meanwhile, its description of XRP as a little-known crypto, despite being the seventh biggest crypto asset, has been criticized by community members.
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.
