- XRP's relative lack of movement has generated significant FUD.
- Ripple CEO is frustrated by the current state of XRP despite regulatory clarity.
- BarriC has debunked XRP FUD and predicts a rebound soon.
XRP's relative lack of movement has generated significant FUD across the cryptocurrency ecosystem, leading some of the altcoin's critics to refer to it as a “dead coin.” Ripple CEO Brad Garlinghouse has expressed frustration over the current state of XRP despite its status as a cryptocurrency with a well-defined regulatory status in the US.
A US judge declared that $0.93. However, the price did not stay high for long, as XRP fell by approximately 50% shortly after and remained in that range for several months.
Meanwhile, Garlinghouse has expressed surprise at the non-recognition of Grayscale investment also reset XRP, but the altcoin remains within post-July 2023 levels.
BarriC, a well-known supporter of XRP on different seasons, showing how the cryptocurrency has performed. over the years despite facing significant challenges.
To anyone spreading this $XRP FUD: that #XRP has not changed price since 2017Image 1 – $XRP $0.006 in 2017Image 2 – $XRP $3 in 2018Image 3 – $XRP $1.65 in 2021Image 4 – $XRP current price $0.49#XRP works differently than most #crypto… pic.twitter.com/wm4eEis8KB
– BarriC (@B_arri_C) June 15, 2024
The pro-XRP commentator noted that the altcoin is performing differently from the rest of the cryptocurrency market due to demand and delistings reaching peak FUD and hysteria in 2021. According to BarriC, XRP has not registered any new all-time highs since its initial rise. in 2018 due to challenges.
Furthermore, he noted that anyone pushing the narrative that XRP price is stagnant is lying, and advises cryptocurrency users to analyze the future of the cryptocurrency project and expect an explosive move in the next bull run.
The post Ripple CEO Surprised by Crypto Market Dynamics' Non-Recognition of XRP appeared first on Coin Edition.
View original on CoinEdition
