Crypto CEO Says “I Bought a Lot of XRP Today”. Here’s why

Max (@MaxBecauseBTC), founder and CEO of the Because Bitcoin platform and a notable figure in the cryptocurrency world, has recently made waves in the XRP community. In a post on X, Max revealed that he had purchased a significant amount of XRP, a move that surprised many, including himself.

He acknowledged that the data-driven insights from chart analysis ultimately convinced him to make the purchase. Additionally, Max humorously blamed fellow analyst Jackis (@i_am_jackis) for influencing his decision, as Jackis consistently discussed XRP with him.

XRP Army Welcomes Max

This post quickly gained traction within the XRP community. Max’s decision to invest was warmly received, with prominent community figure Cryptoinsightuk (@Cryptoinsightuk) publicly welcoming him to the community, writing, “Welcome ser.” Jackis also responded, taking full responsibility for Max’s decision and welcoming him into the community.

Other community members showed a variety of reactions to Max’s announcement. One user sarcastically commented, “Of course you bought it now cause you see the world transitioning to CBDCs. Shoulda bought it SEVEN YEARS AGO.”

XRP is becoming increasingly popular as an alternative to SWIFT and a viable Central Bank Digital Currency, and this user assumes the hype surrounding the digital asset prompted Max to make his purchase. This comment also notes the long-standing belief within parts of the community that the token has been undervalued for years and that those who joined early will benefit the most.

Others were more direct in their support, with one writing, “BTC < XRP. Always has been, always will be. Storage of value does nothing, and it’s slow.” Although Bitcoin has its advantages, it has primarily served as a store of value and XRP offers faster, more efficient transactions making it a superior option as currency.

Potential Targets for 2025

One user responded, stating, “Congrats already, on your could be 20%,” a reference to the continuous positive predictions for XRP which have failed to reflect in its price. However, Max reacted with optimism, writing, “See you at $5 next year.”

Max’s entry into the XRP space may signal a broader shift in how influential figures in the cryptocurrency world view the token. Other analysts have shared bullish technical patterns on XRP’s chart, and Max’s acknowledgment of chart analysis as a critical factor in his decision indicates that technical indicators are aligning in favor of the digital asset.

Although Max did not reveal what he discovered on the charts that made him buy XRP, he promised technical analysis soon, and noted that the “chart never lies.”

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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