XRP Is Golden Opportunity To Create Wealth, Top Executive Explains Why | Bitcoinist.com


Despite XRP’s relatively stagnant price, bullish cases continue to be made for the token. This time, a member of the XRP community has alluded to a clip by a top executive to remind the community of the token’s potential amidst concerns about its underperformance. 

XRP Presents An Opportunity To Become Incredibly Wealthy

Versan Aljarrah, a prominent member of the XRP community, recently shared a clip on his X (formerly Twitter) platform. In the clip, Miles Franklin CEO Andy Schetman makes a case for XRP and how it can allow everyone to become “incredibly wealthy.” He noted how XRP’s price allows anyone to throw in a “modest amount of money” and still make good returns.  

How To Get Free Crypto  

Schetman also spoke about De-dollarization and warned about the need to embrace or get “rolled by the changes.” He suggested that tokens like XRP are a “great alternative to the US dollar.” De-dollarization is the process whereby the world moves away from the US Dollar as the chief reserve currency. 

Interestingly, XRP has long been projected as one of the currencies that could replace the US Dollar as the world’s reserve currency. Bitcoinist also recently reported that Ripple’s goal was to help XRP attain this position. Meanwhile, analysts have predicted that XRP will see incredible gains when that happens.

Therefore, Schetman could have been hinting at this when he mentioned how XRP could make anyone incredibly wealthy as it provides a better alternative to the US Dollar. 

XRP Community Losing Their Patience

The re-emergence of Schetman’s video comes at a time when the XRP community is becoming more frustrated with the crypto token’s underperformance. Bitcoinist reported how a community member known as ‘MackAttackXRP’ called out Ripple’s CEO Brad Garlingouse and warned him about the community’s restlessness. 

Coinbase Banner  

This move again highlights some community members’ belief that Ripple has a hand in XRP’s underperformance. Pro-XRP crypto YouTuber Jerry Hall had previously mentioned that he believed the crypto firm was suppressing the token’s price with their monthly XRP sales.

Meanwhile, the XRP community had also called on Ripple to burn its escrowed XRP tokens to boost their value. However, Ripple’s Chief Technology Officer (CTO), David Schwartz, explained that such a move would yield no “real benefits.” 

Whatever the case, it is evident that the community is losing patience and needs XRP to show some form of bullish momentum soon enough, or it could spark a trend where community members begin to dump their tokens. 

At the time of writing, XRP is trading at around $0.52, up over 2% in the last 24 hours, according to data from CoinMarketCap.

FreeBitcoin Banner  

XRP’s price trends to the downside on the daily chart. Source: XRPUSDT on Tradingview

Cover image from Dalle-E, chart from Tradingview

Go to Source
Author: Scott Matherson


Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

You May Also Like

More From Author

This site uses Akismet to reduce spam. Learn how your comment data is processed.