BitBoy says XRP is about to make investors rich

BitBoy says XRP is about to make investors rich

The prominent influencer noted that he expects the legal case between Ripple and the SEC to end in Ripple’s favor soon.

XRP is poised to be one of the top assets after the Ripple v SEC case. Ben Armstrong, commonly known as “BitBoy”, continues to champion this narrative. The prominent crypto influencer recently claimed that the end of the legal dispute would signal a new wave of wealth for XRP investors who have remained steadfast through the ordeal.

BitBoy took to Twitter on Wednesday to express his views, invoking a well-known quote attributed to various individuals, including the philosopher Seneca. He stated that the conclusion of the Ripple v SEC case would mark the end of one chapter and the beginning of another.

According to him, the next chapter is to begin the generation of significant wealth for XRP investors who persevered through the lengthy litigation with the SEC. He urged the XRP army to stay the course, arguing that the time to reap the rewards of their commitment was near.

In addition, BitBoy indicated that he expects the legal dispute between Ripple and the SEC to end soon. However, the XRP community is taking this claim with a grain of salt, as the prominent crypto influencer had previously predicted that the lawsuit would end in September 2021, a prediction that did not materialize.

See also  Crypto Space: The Hiring-Firing Game

– Advertisement –

To allay any skepticism, BitBoy acknowledged that his September 2021 forecast didn’t pan out. However, he clarified that his recent comments were not just predictions but based on factual information as the trial calendar is expected to end immediately.

As previously reported, attorney John Deaton predicted that a ruling would come on or before May 6.

Analysts remain bullish on XRP

BitBoy’s recent comments are consistent with his previous statements about XRP’s potential for growth. Last Tuesday, Bitboy expected that XRP could cement its position as one of the top assets in the next bull run, provided Ripple receives a favorable settlement in the SEC lawsuit without any appeal.

This claim is based on the notion that the conclusion of the legal battle will ease the pressure that has weighed on XRP since the lawsuit began in December 2020. Despite the lingering legal uncertainty, XRP has shown impressive performance, at the moment up 42% the last month.

BitBoy and most cryptoanalysts believe XRP’s recent rally in the face of the SEC lawsuit is evidence of its potential to soar to unprecedented heights once the legal pressure is lifted.

As reported by The Crypto Basic, veteran trader Peter Brandt predicted last month that XRP could reach a minimum price of $3 soon. The asset is trading at $0.5064, down 0.21% in the last 24 hours.

See also  $160 million carpet cover? – Crypto Staking Platform Freeway Halts Withdrawals Citing “Unprecedented Volatility”

– Advertisement –

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *