DON'T FOMO: XRP May Not Rise As Expected
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We have gathered news that the lawsuit between Ripple and the SEC which has been going on for years will come to an end in the coming days. Many investors have speculated that there will be a massive rise in the price of XRP. This may or may not be the case. We need to understand these things before FOMOing into XRP buys.
First, XRP is not a memecoin that will pump rapidly. It is a network on its own that has use cases, especially for the banking industries. Of course, there will be a rise after the end of the lawsuit because many investors will now have the confidence to buy in, however, the rise may not be as huge as many have predicted. The crypto market has been bleeding for years and an inflow of funds won't come that easily.
This does not rule out the possibility of a massive price, because we will likely see an inflow of banking industries into the Ripple network. The opinions here are aimed at warning investors to avoid FOMOing and buying XRP with money that they can't afford to lose. During Bitcoin Pizza events, there were massive Bitcoin predictions but they didn't pump the price of Bitcoin. So, speculations do not always go the right way.
So, if you are to buy XRP now, buy it for future purposes and for the fact that you believe in the use cases of the network. This will help you hold on if the price didn't rise as fast as predicted. Stay safe guys.
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