Post
Topic
Board Altcoin Discussion
Re: XRP is doomed...
by
Abiky
on 12/12/2024, 00:36:50 UTC
You are very wrong with XRP.

It had a law suit against it for 4 years which meant it did not have a bull run in 2021 - it is now free of that and look how well it’s done in the last month, shocking many including you.  

It is going to $5 minimum next year , which would give me a 10x return since I started buying a year ago , not bad for a ‘shitcoin’.

And that is $5 minimum, could easily get close to $10 now that it is free of the law suit and hype has returned.

Lololol. Just because prices are rising, doesn't mean XRP is worth the investment. What determines if a coin is "shit" or not, is what use cases it provides. In other words, what utility does it have. With development, innovation, and real use cases, any cryptocurrency can last a lifetime. And that my friend, is what XRP is lacking. It's not about the profits you make with a coin, but rather what you can do with it. Utility goes above hype. Why do you think overhyped coins end up being abandoned in the long run? Because they were focused on quantity, instead of quality.

If you're looking for quality projects, choose Bitcoin, Monero, or Ethereum instead. Otherwise, choose "meme" coins, or many of the centralized "shitcoins" being traded across crypto exchanges (XRP, Solana, BNB, etc). But you're right that the lawsuit against Ripple, Inc. had contributed towards XRP's increase in price. If the US government treats XRP nicely, the coin will be sailing on smooth waters. At least for the time-being. Cheesy