Expert Asserts XRP Will Not Miss This Bull Run

Renowned crypto commentator Zach Rector has voiced conviction that XRP will be a notable performer in this bull market despite the heightening pessimism.

Recent statistics show that XRP lags behind 61 digital assets among the top 100 most valuable tokens. Since October 2023, XRP only grew 50% from $0.4878 to its recent yearly high of $0.744.

Through the same window, BNB has surged 191% from $205 to a new multi-year high of $598. Similarly, Solana (SOL) exploded 670% from a mere $22 last October to a peak of $154 this month. A comparable 300% gain is observable with Cardano, Dogecoin, and Avalanche, which all rank in the top ten.

Emphatically, nearly six months into this bull season cycle, XRP stands alone, among the top ten, in its struggle to achieve market-wide compensable performance. XRP’s subpar trajectory continues to stir frustration among enthusiasts who fear missing out on this bull season.

XRP Will Not Miss This Bull Run

However, market pundits like Zach Rector boldly assert that XRP holders will secure their fair share of profitability from the ongoing bull run through XRP.

“I understand it has been a tough ride. [But] I don’t believe XRP will miss this bull run,” Rector remarked in a recent clip.

XRP will NOT miss this bullrun! pic.twitter.com/ICbU8XvmaO

— Zach Rector (@ZachRector7) March 13, 2024

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Rector emphasized that although holding XRP can be challenging, enthusiasts should consider the fundamentals and maintain faith in the asset’s potential. He argued that XRP boasts one of the best value propositions among all crypto projects in the crypto sphere. 

Moreover, he challenged viewers to identify crypto projects with better fundamentals and genuine adoption than XRP.

Essentially, Rector stressed that while other crypto assets have been performing admirably, XRP’s moment will surely emerge. He cited XRP’s Monday rocket launch to $0.74 from around $0.61 as backing that XRP would record pivotal surges in the bull run.

XRP Missed Recent Past Bull Run

Significantly, XRP missed the 2021 bull season, failing to approach its all-time high of $3.84 set in 2018. Many in the crypto community attribute this failure to the SEC lawsuit hindering XRP’s progress. 

However, XRP’s lackluster performance after securing a legal victory has heightened the pessimism about its potential. Nonetheless, prominent market watchers maintain optimism, suggesting that the asset could reach $10 during this bull season.

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• Source: https://thecryptobasic.com/2024/03/13/expert-asserts-xrp-will-not-miss-this-bull-run/?utm_source=rss&utm_medium=rss&utm_campaign=expert-asserts-xrp-will-not-miss-this-bull-run