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Home ยป Financial Experts Believe XRP Could Be the Next Bitcoin
Ripple

Financial Experts Believe XRP Could Be the Next Bitcoin

By adminMay. 23, 2024No Comments1 Min Read
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Financial Experts Believe XRP Could Be the Next Bitcoin
Financial Experts Believe XRP Could Be the Next Bitcoin
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Financial analyst Linda Jones advises investors to buy XRP before institutional investment drives up its value. She compares the potential growth of XRP to the post-institutional investment boom of Bitcoin. Jones responded to a podcast by James Jay, who attempted to ease the concerns of XRP holders. Jay highlighted how institutional investors could strategically enter the XRP market, predicting that it will follow a similar trend to Bitcoin. He pointed out that major investors only entered the Bitcoin market when its value exceeded $20,000, and suggested that XRP may experience a similar situation. Jay cautioned against acquiring XRP at its current price of approximately $0.5287, as he believes institutional buying will drive up the price, causing many to miss out on the current low price. He emphasized the importance of patience and further research for XRP investors, comparing it to the ten-year journey for institutional acceptance of Bitcoin. Jay also noted that those who fail to recognize and invest in XRP’s potential before institutional investors increase its value are likely to experience regret and fear of missing out. In other news, Ripple recently registered a trademark for RLUSD, its new stablecoin based on dollars.

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