Edward Farina, Head of Social Adoption at XRP Healthcare had interesting things to say about XRP. In a comment on Twitter, the analyst mentioned that the token is not easy to hold due to the risks and controversies surrounding it.
Recall that Ripple has been in the news due to the ongoing regulatory lawsuit against the U.S. Securities and Exchange Commission (SEC).
Accordingly, Farina noted that the digital asset has caused many XRP investors headaches following the fear, uncertainty, and doubt surrounding the ongoing SEC lawsuit, coupled with the delistings of the crypto asset from several U.S. exchanges including Coinbase.
However, Farina remarked that these challenges are the reasons he continues to strongly hold on to the XRP token, adding that the asset is not meant for the crowd.
Edo Farina tweeted, “XRP is not an easy asset to hold, lots of FUD, SEC lawsuit, it has been delisted from several US exchanges, lots of price manipulation & plenty of people losing their sleep. That is exactly the reason I’ll never sell it. Definitely not meant for everyone.“
$XRP is not an easy asset to hold, lots of FUD, SEC lawsuit, it has been delisted from several US exchanges, lots of price manipulation & plenty of people losing their sleep.
That is exactly the reason I’ll never sell it.
Definitely not meant for everyone. 💯
— EDO FARINA 🅧 XRP (@edward_farina) June 28, 2023
As expected, his opinion stirred up mixed reactions from the crypto community with many seemingly agreeing to the fact that the crypto asset might be a good investment in the long run.
According to a pseudonymous user, XRP could be the next big thing in the bull run especially for newbies who want to build a robust portfolio. Likewise, another user added that the potential of XRP is immense despite the effort of the US SEC to hinder its progress.
Influencer Ranks XRP Among the Top 3
In a separate discussion, a popular crypto influencer named “TheDustyBC,” stated that XRP is in a league of its own as the current low price is not a reflection of its true value. He ended his argument by adding that it deserves to be back in the top 3 largest cryptocurrencies.
#XRP’s price is so low…
It deserves to be back in the top 3
— DustyBC Crypto (@TheDustyBC) June 28, 2023
At the time of writing, the leading market tracking platform Coinmarketcap ranks XRP as the sixth-largest crypto asset with a market capitalization of over $24 million. Notably, XRP was the third largest crypto before the SEC lawsuit against Ripple in December 2020.
Follow us on Twitter, Facebook, Telegram, and Google News
