- Zach Rector asserts that XRP will not be left behind in the ongoing crypto bull run.
- XRP struggles to achieve admirable performance among the top ten, with nearly six months in this bull season cycle.
- BNB, Solana, ADA, Avalanche, and Dogecoin have seen double-digit growth
Crypto analyst Zach Rector has boldly affirmed his belief that XRP, despite its subdued performance, will not be left behind in the ongoing crypto bull run. Rector expressed this view amid growing pessimism surrounding XRP due to its distasteful performances in the emerging bull run.
Since last October, XRP has seen only a modest 50% increase from $0.4878 to its recently attained yearly peak of $0.74. In contrast, during the same period, Binance Coin (BNB) surged by 207%, reaching a multi-year high of $631. Solana has experienced a 686% surge from a modest $22 to its recent peak of $154 this month.
Other top-ten-ranking coins like Cardano, Dogecoin, and Avalanche have witnessed comparable gains exceeding 300% since October 2023. In other words, only XRP struggles to achieve admirable performance among the top ten, with nearly six months in this bull season cycle.
XRP’s underperformance continues to evoke frustration among enthusiasts, who are apprehensive about potentially missing out on the opportunities presented by this bull season.
Nonetheless, market watchers such as Zach Rector confidently assert that holders of XRP will ultimately reap their due profits from the current bull run. While conceding that investing in XRP is challenging, he stressed that holders should focus on the asset’s fundamentals and retain confidence in its potential.
Rector argued that XRP offers one of the most compelling value propositions among all cryptocurrency projects. Besides, the analyst even challenged his audience to pinpoint a crypto project with superior fundamentals to XRP.
In essence, Rector emphasized that XRP’s time to shine will inevitably arrive, citing XRP’s recent 20% to $0.74 as a glimpse of what is incoming. Also, Rector’s sentiment comes amid the fact that XRP holders missed the last bull season. In particular, XRP did not crack a new all-time high in 2021 as it retained the $3.84 record set six years ago.
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