Ben Armstrong's Confident Projections for XRP's Bull Run in 2024-2025. šššØš»āš
Renowned crypto influencer Ben Armstrong has boldly declared XRP as "the finest coin in the land." His insightful analysis delves into XRP's performance, utility, and speculative prospects.
XRP's Performance in Previous Bull Runs:
Despite the SEC's challenges in the last bull run, XRP emerged as the second-highest performing coin in 2017, boasting an astonishing gain of over 44,000%. Armstrong suggests that regulatory hurdles were a key factor in Ripple not reaching all-time highs.
Fundamentals Driving XRP's Growth:
Critical to XRP's anticipated surge is its adoption within the banking system. A myriad of banks, financial institutions, and payment systems already supports XRP. The partnership between Onafriq and Ripple aims to facilitate digital asset-enabled cross-border payments between Africa and new markets.
Legal Victory and Increased Confidence:
Ripple's partial victory against the SEC has injected confidence into XRP's potential use by U.S. banks for cross-border transactions. The team expresses optimism about broader adoption within the banking sector.
Speculation Around XRP's Value:
Armstrong posits that XRP's utility will propel its value, with speculation in the crypto community suggesting a potential $10,000 per coin valuation. The analysis covers categories such as team, marketing, chart, community, tokenomics, technology, and decentralization.
2024-2025 Bull Run Prediction:
Considering XRP's performance across various categories, Armstrong predicts it to be one of the best-performing cryptocurrencies in the upcoming 2024-2025 bull run.
