XRP Dominance: Pundit Says Missing This Altcoin Could Be A Big Mistake
Here’s Why Investors Should Not Miss Out On XRP
In a June 27 X (formerly Twitter) post, crypto analyst and avid XRP supporter, King Karan boldly demonstrated his confidence in the crypto’s long-term price prospects. According to Karan, missing out on XRP’s integration into the financial banking system could become one of the most profound mistakes for investors.
The analyst has implied that its complete integration into the financial banking system could lead to substantial gains, potentially pushing the cryptocurrency’s price to new all-time highs. He has expressed complete confidence in XRP’s bullish prospects, asserting he would be satisfied with his investment timeline whether a price surge occurs tomorrow or in the next two years.
Other Key Developments That Could Prove Bullish For XRP
Beyond its adoption prospects within the financial banking sector, the conclusion of Ripple’s legal battle with the United States Securities and Exchange Commission (SEC) and the potential launch of an XRP ETF could trigger a significant bullish rally for the altcoin.
Ripple’s Chief Executive Officer (CEO), Brad Garlinghouse and President, Monica Long have also shared their support for an XRP ETF. Garlinghouse believes that the launch of an Ethereum Spot ETF would eventually open doors for the introduction of other crypto ETFs, highlighting that an XRP ETF was inevitable.
On the other hand, Long noted that introducing an ETF would be a highly sensible decision.
Despite the optimistic remarks, XRP continues to trade sideways, experiencing a 2.28% decline over the past week and dropping to $0.47, according to CoinMarketCap.
Featured image from PlasBit, chart from NovaX
