Admin of a popular XRPL-based NFT project xSTIK has dropped a hot take on XRP following the lingering regulatory challenges surrounding the sixth-largest cryptocurrency by market cap.
According to Brett Hill, a UK-based admin in the xSTIK community, the embattled altcoin XRP, is not for impatient and ‘weak hands’ investors. Hill added that weak-hearted investors have no business dealing with XRP if they would not continue to endure until the conceivable bull run comes for the token.
He submitted that the inconsistent price action of the crypto asset would test the patience of some investors, adding that many become tired of hodling. As documented, XRP’s social dominance has been trending low lately, indicating a decline in investor interest in the project.
The NFT enthusiast, who shared his thoughts in a Tuesday tweet, opined that the key to making significant profits from XRP investments is to develop diamond hands. Despite the huge setback XRP faces because of the longstanding SEC lawsuit against Ripple, Hill urged XRP community members to remain optimistic about the project.
Support For XRP Growing Strong
On the heels of Hill’s remarks came varying comments from members of the XRP community. While some blasted XRP, the majority of the reactions indicated growing support for the XRP Ledger native token.
Among the few striking responses were ones from a certain Stacy and Jonathan Wilbur. Stacy advised crypto investors to avoid making decisions based on fear of missing out (FOMO) on XRP. Recall that there have been several bullish predictions for XRP, with top experts submitting that the price of the asset could get to $250.
However, the user further noted that XRP has not met expectations in recent years during previous market-wide bull runs, concluding that many other crypto assets possess more potential for a good ROI.
On the other hand, Wilbur, founder of XRPlumbing concurred with Hill’s opinions. According to him, success cannot come without perseverance, and only those who do not give up early always win.
Notably, these discussions follow an earlier assertion from Edward Farina, who stated that XRP is not for everyone to hold.
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