Financial analyst Linda Jones advises investors to buy XRP before institutional investment boosts its value. Jones responded to a podcast by James Jay, who compared the potential growth of XRP to the post-institutional investment boom of Bitcoin. Jay believes that institutional investors will strategically enter the XRP market, similar to how they did with Bitcoin. During the early years of Bitcoin, major investors were absent until its value surpassed $20,000. Jay sees XRP in a similar situation, where institutions may not recognize its potential until it stabilizes at a high price, like $100. Institutional support greatly increased the value of Bitcoin, and Jay predicts the same for XRP. He warns that acquiring XRP at its current price of about $0.5287 may be regrettable, as institutional buying will drive up the price. Jay advises XRP holders to view potential high-value milestones as validation and to exercise patience and conduct further research to fully appreciate the bright future of XRP. He believes that those who fail to recognize and invest in XRP’s potential before institutional investors raise its value will experience regret and fear of missing out. Additionally, Ripple has recently registered a trademark for RLUSD, its new stablecoin based on dollars.
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.