Crypto Analyst Urges Investors to Buy and Hold Ripple (XRP)
- Crypto Bitlord, a prominent crypto commentator, has urged market participants to buy and hold Ripple (XRP).
- The potential event is speculated to be related to the final court judgment in the four-year lawsuit between Ripple and the SEC.
- While some community members express belief in XRPs potential, others remain skeptical due to its underperformance in the bull market.
Crypto Bitlord, a well-known commentator in the cryptocurrency scene with over a decade of experience, has issued a strong call to market participants, urging them to buy and hold Ripple XRP.
In a post on X, Crypto Bitlord noted that this is not the time to overlook XRP. This updates a previous post from yesterday, in which he claimed that something big is on the horizon for the digital asset.
Speculation Surrounding Final Court Judgment in Ripple vs. SEC Lawsuit
Although Crypto Bitlord did not provide any direct hints about the nature of the significant event, community members have speculated that it could be related to the final court judgment in the four-year legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).
Legal experts believe that the judgment could be delivered as early as this week or by July 31.
The conclusion of this lawsuit is expected to have a substantial impact on XRP, as it would remove any remaining perceived barriers to its adoption. Market participants are eagerly anticipating a bullish surge similar to the one that followed the July 13, 2023, ruling, which declared XRP not a security.
The likely context surrounding the potential event underscores why Crypto Bitlord has emphatically urged market participants to invest in XRP and hold their positions. He stressed the importance of doing so, even if for no other reason than for the love of God.
Crypto Bitlords post comes at a time when apprehension towards XRP is heightened due to its painful underperformance in the current bull market.
Read more: https://thenewscrypto.com/crypto-analyst-urges-investors-to-buy-and-hold-ripple-xrp/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
