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XRP: BEST Coin of the Bull Run in 2021 (Ripple EXPLOSION) - YouTube
Channel: BitBoy Crypto
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xrp continues its fight against the sec
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exchanges are getting more and more
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confident to re-list this former
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altcoin gem but what does that mean for
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the price
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in this video i'll be breaking down the
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recent sec developments
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what a clear path for xrp could look
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like my prediction on how that will
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affect the price
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calling all xrp army members let's get
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it
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welcome to bitboy crypto the largest
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crypto channel in all the interwebs
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my name is ben every day i show you how
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to make money in crypto
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if you like money and crypto then make
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sure to hit that subscribe button who
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doesn't love money
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in crypto in this video we're going to
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be giving you the goods on xrp
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which by the way you can trade on buy
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bit you can leverage trade the price to
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compound gains
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if you believe this video and you think
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xrp is going to moon
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you can long it if you think xrp is
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getting crushed by the sec
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short it to the ground check out
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bitboycrypto.com
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deals and click buy bit under our top
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deal section
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to get started of course always use
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responsible leverage and proper risk
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management
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so let's talk xrp for those of you new
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to this space here's a quick breakdown
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of xrp and its patent company
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ripple apps on this channel we make sure
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to call out the differences between
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blockchain technologies
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because using the term cryptocurrency is
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a misnomer i don't even use it anymore
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cryptos are assets because blockchain is
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a lot more than just a currency
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but in the case of xrp it is a
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blockchain technology whose main use
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case
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is to act as a currency launching with
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the slogan the best digital asset for
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global payments
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brought a lot of great press to ripple
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labs and xrp
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when it launched all the way back in
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2012.
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the actual xrp token would launch years
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later but the ideas all started then
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stayed under one penny for most of its
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life only to absolutely explode in 2018
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hitting its all-time highs of 3.30 cents
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on some exchanges
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but on its way up xrp caught the
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attention of the bureaucratic hellscape
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here in the us known as the securities
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and exchange commission
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they didn't like this new thing that
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called itself an asset
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they rubbed their cloven hooves together
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and brought a lawsuit together
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against rebel labs in 2020 pulled xrp's
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price potential
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into legal limbo a place so full of
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double speak deception and red tape
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that once you enter you are never seen
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again
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like south of the border or jeffrey
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epstein's island
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it's not to say that ripple labs isn't
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without its share of controversy
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when it's not being stared at by the
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rectangle pupils of the sec employees
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ripple has had plenty of drama that i've
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explained in other videos
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so i encourage you to check them out
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this is the largest crypto channel in
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all the interwebs you think we haven't
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talked about this before of course we
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have
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come on i know all and see all but this
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still is not financial advice you should
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know that by now
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i don't even really know why i'm
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supposed to keep saying that but the use
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case for xrp
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is hyper focused which is a hallmark of
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a good
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project and the other thing that helps
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xrp
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is that it actually works it's fully
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launched transactions on the xrp network
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are blazing fast coming in at 1 500
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transactions per second
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for comparison bitcoin transactions take
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around 10 minutes
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on a normal day the fees are also very
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small just fractions of a penny
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compare that to the bonkers gas fees
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we've seen on ethereum
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for what seems like forever now but
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ripple labs also has a solid team and
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the potential for a robust ecosystem
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means xrp has the ground game to be a
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serious contender
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it just has to clear this legal hurdle
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first
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so far the legal battle between the sec
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and ripple
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appears to be going ripples way even
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old-school financial news outlets like
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forbes
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are coming to ripple's defense saying
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that the sec suit
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is an overreach the judge sarah nedburn
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is incredulous when it comes to the
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sec's claims and the sec keeps on
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ruffling her feathers
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but it's not all sunshine for xrp the
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sec has requested information from
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ripple labs
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foreign investors in over 20 countries
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although some of them are refusing to
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help it's actually like they like it
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but day by day it looks more like the
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sec is on trial for bully tactics
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than ripple labs is for putting xrp
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token up on different marketplaces
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the results of this case can be
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far-reaching not just for xrp
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but for crypto assets around the world
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this would be a
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welcome boost for xrp and its token
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price
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which has struggled to have any sort of
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price momentum since late 2019
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but that may be soon changing here at
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bitboy crypto
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we know many things and we're always
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keeping our ears to the street
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to hear what's coming next so i want to
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share this piece of news with you the
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bit squad to keep you guys ahead of the
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curve on xrp
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it appears from what we're seeing that
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several institutional and government
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executives
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are expecting ripple labs to emerge
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victorious from the lawsuit
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and getting xrp back on the path to
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being the best digital asset
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for global payments soon as that dark
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cloud is
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passed these insiders see xrp becoming
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a heavy-duty player in the crypto space
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and the adoption of xrp
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could skyrocket in the coming months so
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could we see a return to its all-time
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high of 3.30 cents
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i think so but i also think there's a
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huge upside for xrp
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that could make it the darling of this
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coming alt season that we have after the
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market settles down from the two
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straight weeks of fud
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we've had in the middle of may basically
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part one of the bull run has happened
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we are now waiting for the resurgence in
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part two
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we could see a 12x pump from xrp
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and 2.0 bull run it's from where it is
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now bouncing around a dollar
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in the recording of this video means
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conservatively i can actually see a 12
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xrp this year but my most bullish
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prediction is that institutional money
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really starts to rip could push xrp up
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35x from where it is today
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meaning a possible 35 xrp by the end of
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this year
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those are massive gains especially if
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you've been stacking xrp since the early
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days
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still possible to find xrp but you have
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to look on the secondary exchanges
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of course for full disclosure's sake as
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we always do i earlier this year
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publicly announced that i've added xrp
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to my portfolio
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there are still a lot of variables
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though to play especially with this
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history breaking bull market
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we're in but if the flood clears out we
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could be looking at a w-shaped recovery
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that sends xrp out of the atmosphere
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companies large and small are
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practically begging for a crypto
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to get their act together and offer a
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quick easy internet payment system
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that they can integrate with their
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services even
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old money monoliths like goldman sachs
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are talking about xrp
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and what it could mean for transactions
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across
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international borders xrp has the secret
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sauce to not just scale
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but the easiest way for banks and
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businesses to settle their accounts
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that have differing fiat currencies
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other sources are saying that the g7 are
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looking at xrp
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is the settlement system between
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countries central banks
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the main trial to xrp besides this quick
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transaction time is its on-demand
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liquidity
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which is a total game changer for
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businesses in
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emerging markets now only countries in
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the g-10
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have enough banking infrastructure and
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cash in their economies
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to quickly exchange money across borders
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other countries that lack those
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capabilities
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are stuck trying to pre-fund bank
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accounts so they have enough money to
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make up
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for currency's fluctuations this sucks
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up
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a bunch of resources that makes them
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less competitive
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but xrp aims to fix that and in doing so
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more competition would be added into the
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world's economy
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all of this is starting to sound kind of
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centralized
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ew and it could be but xrp has a proof
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of stake coin as built on similar
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trustless algorithms
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as other cryptos there is an open
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channel on ripple labs website that
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shows
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anyone how to set up an xrp verification
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node
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the xrp blocks are all verified in
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public and searchable on block exploring
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websites
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could this mean the banks are
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unwittingly taking a step towards
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decentralization maybe
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but it's a step towards crypto adoption
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for sure and that's a great thing
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for the whole crypto verse don't forget
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this
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other super fast coin that is the direct
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competitor to xrp
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stellar lumens dry stellar was started
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by jed mccaleb after he was outed from
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ripple labs
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in a bitter separation excellent could
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be ready to nip at xrp's heels
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and has already made lots of positive
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moves in the past few months
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xlm has seen a pump in price and market
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cap in this bull run
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which is in line with the other altcoins
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that have been pumping
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but the main thing that is keeping xlm
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in the running
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is it has managed to simply stay listed
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on all the major exchanges
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including coinbase while for xrp trading
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has been halted across many sites
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while excellent doesn't get all the
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press that xrp does
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having this extended amount of exposure
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to retail and institutional investors
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alike
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is sure to help its prospects in the
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long run so xlm ever catch up to xrp
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i may do a deep dive on xlm in another
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video
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but so far i believe the momentum right
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now is returning to xrp
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so that's my expectation for xrp but
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what about yours
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comment down below with your xrp price
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prediction let us know what other coins
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you want us to take a look at in this
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bull market
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that's all i got be blessed good boy out
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[Music]
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you
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