In the next bull run, Do you also believe that XRP will reach this high or do you think that this is impossible?
Are you one of those crypto investors that dislike XRP because it is centralized and most prefered to invest in other cryptos like bitcoin and ethereum?
As the article said:
"It is believed that crypto investors dislike XRP because it is arguably more centralized than Bitcoin or Ethereum."
Source:
XRP Price Could Reach $14 Breaking Out from Two-Year Bear MarketPersonally, I did not consider XRP as a store of value as I work more with ETH. But after several years of working in the crypto industry, I realized that there is a cyclical development of the crypto market and if we are talking about the future peak of a particular cryptocurrency, we must look back and see how the previous cycles went. Having studied XRP from this side, I saw that the peak of this cryptocurrency occurred at the end of 2017 and amounted to more than $ 3 for 1 XRP. If now we are talking about the fact that the price can reach a new peak of $ 14 for 1 XRP, then this turns out to be an increase of almost 5 times from the previous value. Could this be? I think it can, since the crypto market knows how to present surprises and show both big growth and fall. However, it should be understood that with each new cycle the opportunities for growth become smaller, since even more new funds are now needed to get X and fly to the moon.