- Vincent van Code sees the current XRP course as the purchase chance par excellence with high risk yield potential.
- The expert believes that XRP shakes up the shackles of the market restrictions at short notice, which would lead to a high increase in price.
Software engineer Vincent van Code has drawn attention to the current price of XRP and described it as an indispensable opportunity to invest. He believes that XRP is undervalued and offers an extraordinary risk yield ratio.
Despite the latest decline in XRP, he assumes that such a low course is unique. His statements have triggered expectations among the XRP supporters and initiated debates in the crypto community.
XRP is currently being traded for $ 2.08 and has dropped by 3.69%. Last week the token fell by 15.27%.
Market position can expect an upswing
Van Code expressed his confidence in the potential of XRP and emphasized that the current price level offers a rare purchase opportunity. The cryptocurrency once again approaches the decisive $ 2, a level that deals closely observes.
Despite the downturn, many enthusiasts, including Van Code, expect a price outbreak. They refer to factors such as upcoming XRP ETFs, the RLUS introduction and a possible IPO of Ripple as critical factors.
Van Code indicated that XRP will soon come out from the “mafia” consisting of Bitcoin, Binance and Tether, which in his opinion presses the course.
He speculated that the price of XRP could increase significantly as soon as these influences decrease. However, he admitted that there could be a wider market descendant before this outbreak.
Community reaction
Although Van Code is on his assessment of XRP’s potential, he made it clear that his statements did not pose financial advice. He explained:
„I don’t say that you should buy XRP, you should only deal with it. “
He asked the investors to do their own research. His tweet was quickly accepted and triggered discussions with supporters and skeptics.
A critic suggested that van Code should take out a loan and invest everything in XRP if he really saw XRP as a “no-brainer” investment. In response to this, van Code rejected the idea and noted that he is already holding investments and is unable to take such risks. He noted:
„You have to confuse me with someone who is in her early 20s and still lives at home.“
He further explained that it was ridiculous to lend money to invest in cryptocurrencies or stocks while occasionally acting Ethereum and Bitcoin with differential contracts (CFDS) for short -term profits, underlined he invests the meaning of responsible:
„It is a blind advice to suggest someone to take out a loan to invest in cryptocurrencies. “
Van Code’s statements further fueled interest in XRP and reinforced the continued speculation about his future price movements. As CNF reported, XRP moves near key values, and the supporters are disagreed with whether it is a “buy the dip” chance or a risky bet. Regardless of this, Van Code’s perspective undoubtedly contributed to the debate and kept XRP in the spotlight.
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