- Analyst “Egrag Crypto” is not happy with how XRP enthusiasts are comparing the performance of XRP to other coins.
- “Personally, I hold an unwavering belief that XRP is destined for supremacy,” said the pro-XRP trader.
- Meanwhile, XRP saw its price drop 4.09% during the last day of trading and was trading at $0.5184.
Crypto analyst and pro-XRP trader “Egrag Crypto” posted earlier today that a recent trend he’s been noticing was how XRP enthusiasts compared the performance of XRP to other coins, which he thought was unfair considering the struggles XRP had to endure. “This indicates a lack of understanding regarding the true essence of their holdings,” shared the analyst.
Egrag Crypto continued by asking his followers why they remained invested in a coin if they were content occupying the third or fifth place. “Personally, I hold an unwavering belief that XRP is destined for supremacy,” said the analyst.
According to the trader, XRP maintained a unique position as the lone digital asset backed by well-defined legal and regulatory clarity. Egrag Crypto suggested that for those investors content with a runner-up digital asset, exploring alternative coins would be a prudent choice. “As for me, I view XRP, coupled with its technological prowess and regulatory clarity, as my foremost wager.”
The analyst added that if the potential for XRP to experience a surge similar to the 2017 boom wasn’t enough to convince his followers, there was nothing else he could do to convey the promise of XRP. “XRPArmy STAY STEADY. As for me, I stand unwavering, akin to a mountain – destined to either achieve Glory or Define it,” Egrag Crypto opined.
XRP’s decent performance over the past two years is in part due to its strong support from the community. Throughout the SEC vs. Ripple case, the community firmly believed in XRP’s potential to come out of the regulatory mess victorious. When Judge Analisa Torres released her historic verdict, the XRP army rejoiced in support. However, this joy was shortlived as the SEC has now appealed the judge’s decision. Earlier today, Pro-XRP lawyer Bill Morgan said there is no certainty what the outcome of the SEC appeal against Judge Torres’s Ruling in the Ripple Case will be.
Meanwhile, XRP saw its price drop 1.07% during the last day of trading, and 17.22% over the past week. As a result, the cryptocurrency’s price stood at $0.5184.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
