- Ben Armstrong thinks MATIC, ETH, and XRP will do well in the upcoming bull run.
- Armstrong analyzed information from the top regulators and influencers in the crypto space.
- The analyst advised Gary Gensler to accept the XRP court judgment and move on.
Ben Armstrong, host of the BitBoy Crypto YouTube channel, thinks the cryptocurrencies to watch out for in the anticipated bull run are Polygon (MATIC), Ethereum (ETH), and Ripple (XRP). He also believes Cardano (ADA) will make an impressive return behind the top three identified coins.
Armstrong predicted this in a recently uploaded video, where he analyzed some information coming from the top regulators and influencers in the crypto space. One such piece of information is Gary Gensler’s, the Security and Exchange Commission (SEC) chair’s reaction to the recent ruling in the commission’s case against Ripple. According to Gensler, it is too early to say if the ruling will lead to more crypto rules.
Gensler made the statement during his first interview after the court ruled in favor of XRP. He noted that the SEC has made or proposed digital asset-specific rules recently despite criticisms from crypto advocates. Finally, Armstrong suggested that the SEC should accept the situation and proceed.
Armstrong highlighted how Gensler declined to comment directly on the Ripple case. He did not indicate whether the SEC would appeal to the ruling. Moreover, the crypto analyst thinks the SEC may appeal the case. However, he believes that would not change the dispute on whether XRP is not a security. He explained that the appealable aspects of the judgment will not affect that fundamental aspect.
The popular crypto analyst noted that there are already signs of crypto exchanges relisting the hitherto embattled cryptocurrency. According to Armstrong, the bottom line is that the case is over with XRP on the winning side.
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