Regulations Will Make Demand for XRP ‘Skyrocket’, Says Crypto Analyst

15 September 2020

in XRP

Reading Time: 2 mins read

Popular Twitter crypto analyst and contrarian investor CryptoWhale has told his 34,000 followers to bet on XRP in the event of market regulations.

According to a tweet he published, CryptoWhale called XRP the only project in the entire market of cryptocurrency pushing for greater regulations.

The pseudonymous trader predicted that XRP’s demand would skyrocket following the addition of market regulations, leading the altcoin to “annihilate” competing assets.

The only project in the entire market that is pushing for Crypto Regulations is $XRP.

They know that once these regulations are added, it will completely annihilate almost every other altcoin, and make XRP’s demand skyrocket.

— CryptoWhale (@CryptoWhale) September 8, 2020

CryptoWhale continued, saying governments preferred the “transparency” of XRP and lauded the efforts of parent company Ripple for establishing real-world partnerships rather than chasing retail investors.

Many criticize XRP for being “too centralized”, although this transparency is what governments like.

While other projects are focused on getting a quick batch of new investors to exit scam, Ripple has quietly been working with government agencies to ensure compliance.

— CryptoWhale (@CryptoWhale) September 8, 2020

The “contrarian investor” claimed to be an active investor in XRP since 2013 and planned on increasing their exposure following a correction in the bitcoin and altcoin market.

In a series of tweets posted Monday, CryptoWhale detailed their reasoning for investing in XRP, including the project being “x1000” faster and cheaper than bitcoin.

𝗧𝗵𝗿𝗲𝗮𝗱 𝗼𝗻 𝐗𝐑𝐏/𝐑𝐢𝐩𝐩𝐥𝐞 🐳

I’ve been an active $XRP Investor since 2013. I’ve spent lots of time researching + comparing alt coins, and have XRP ranked at the top.$XRP is promising project, with an even more promising future for long term Investors, here’s why: pic.twitter.com/LzTbWO2sLU

— CryptoWhale (@CryptoWhale) September 14, 2020

Featured Image Credit: Photo via Pixabay.com

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