A Wall Street expert now calls XRP top chance for wealth, endorsing the notion that it is one of the prime opportunities for investors seeking to build generational wealth.
This perspective was initially articulated by Digital G, a market commentator, during a time of significant market volatility.
XRP has been notably impacted by the latest market correction, which resulted in the liquidation of over $1.7 billion in leveraged positions held by nearly 584,000 traders.
Data indicates that XRP experienced one of the most severe sell-off campaigns among cryptocurrencies, particularly on Coinbase, leading to a dramatic 14.87% drop in price on Monday.
The altcoin ended the day at the lower end of the $2 range.
Despite these challenges, XRP has demonstrated remarkable resilience, sustaining a sense of optimism among investors.
Digital G, a former regulated fund manager in the U.K., emphasized the importance of investing in XRP, arguing that it represents a unique opportunity for building lasting wealth.
He also identified Stellar (XLM) and XDC Network (XDC) as other cryptocurrencies with similar potential.
Wall Street analyst Linda P. Jones, a well-known advocate for XRP, concurred with this sentiment.
She has authored books on investing, including her bestseller “3 Steps to Quantum Wealth,” which discusses how such investments can transform financial futures.
All three cryptocurrencies—XRP, XLM, and XDC—aim to enhance cross-border payments and financial transactions by offering efficient, low-cost solutions for value transfer.
Their focus on addressing real-world financial problems, such as remittances and settlements, has led to partnerships with banks, governments, and large enterprises.
Despite previous underperformance, recent price movements suggest significant growth potential.
Since November, XRP has surged over 303%, while XLM has increased by 448% and XDC has risen 175%.
Market analysts have set ambitious targets for these tokens, with EGRAG predicting XRP could follow a trajectory similar to Tesla’s 2018 performance, anticipating a 50% drop followed by a staggering 3,500% rise above $40.
Meanwhile, Charting Guy pointed out a bullish pattern in XLM’s one-month chart, suggesting a possible rally to $5, and Javon Marks has set a breakout target of $0.1814 for XDC.
For more Daily Crypto News and updates like this, join the newsletter or opt-in for push notifications.
Follow us on CoinMarketCap.
Also Read: XRP’S Drop Now Sparks Optimism
The post Wall Street Expert Now Calls XRP Top Chance For Wealth appeared first on Daily Market News 🗞️.