Crypto De Nostradame
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Bullish
Shocking comments for XRP: “Key to the big crash”
Bitcoin maximalists and critics have taken a stand against XRP, one of the most popular cryptocurrencies of recent times. Analysts have expressed concerns about XRP’s rapid rise. Describing XRP as “the beginning of all crashes,” analysts said investors should be careful.
The popular altcoin XRP has gained significant momentum in recent months. While the XRP price rose by nearly 300 percent in November, it witnessed a 31 percent increase in the first three days of December. These increases have led to criticism from Bitcoin maximalists. In particular, analysts argued that the $XRP price is unsustainable.
The Bitcoin maximalist known as BitMan expressed his doubts by emphasizing XRP’s historical price movements. According to BitMan, the popular altcoin has increased by 45,920 percent since its inception. BitMan claimed that the performance of XRP in the last few months is unnatural and will end in disaster.
Chartered Financial analyst Rajat Soni also shared a similar view. Soni referred to historical data in his post on X. The analyst reminded that XRP had only increased by 11 percent in the previous five years. According to the analyst, the fact that XRP, which had been slow in previous years, has increased by 435 percent since November 2 poses a danger. Soni thinks that the altcoin will progress in the form of “rise and then fall.”
There were also those who criticized the critics’ “collapse” theories. A market analyst known as Captain Kirk attributed the recent rise to the SEC lawsuit and the resignation of SEC Chairman Garry Gensler. According to Kirk, the XRP price is rising due to fair market conditions rather than manipulation.
XRP, which has been subject to intense criticism, has performed positively compared to Bitcoin. The XRP/BTC trading pair recorded a 179.14 percent increase in November. The popular altcoin gained 32 percent against $BTC in December. Having reached an 18-month peak in Bitcoin parity, the altcoin has entered the radar of Bitcoin maximalists.
#2024withBinance
Bitcoin maximalists and critics have taken a stand against XRP, one of the most popular cryptocurrencies of recent times. Analysts have expressed concerns about XRP’s rapid rise. Describing XRP as “the beginning of all crashes,” analysts said investors should be careful.
The popular altcoin XRP has gained significant momentum in recent months. While the XRP price rose by nearly 300 percent in November, it witnessed a 31 percent increase in the first three days of December. These increases have led to criticism from Bitcoin maximalists. In particular, analysts argued that the $XRP price is unsustainable.
The Bitcoin maximalist known as BitMan expressed his doubts by emphasizing XRP’s historical price movements. According to BitMan, the popular altcoin has increased by 45,920 percent since its inception. BitMan claimed that the performance of XRP in the last few months is unnatural and will end in disaster.
Chartered Financial analyst Rajat Soni also shared a similar view. Soni referred to historical data in his post on X. The analyst reminded that XRP had only increased by 11 percent in the previous five years. According to the analyst, the fact that XRP, which had been slow in previous years, has increased by 435 percent since November 2 poses a danger. Soni thinks that the altcoin will progress in the form of “rise and then fall.”
There were also those who criticized the critics’ “collapse” theories. A market analyst known as Captain Kirk attributed the recent rise to the SEC lawsuit and the resignation of SEC Chairman Garry Gensler. According to Kirk, the XRP price is rising due to fair market conditions rather than manipulation.
XRP, which has been subject to intense criticism, has performed positively compared to Bitcoin. The XRP/BTC trading pair recorded a 179.14 percent increase in November. The popular altcoin gained 32 percent against $BTC in December. Having reached an 18-month peak in Bitcoin parity, the altcoin has entered the radar of Bitcoin maximalists.
#2024withBinance
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