If This Happens, Bitboy Says Xrp Will Be The Top Performing Major Coin In The Next Bull Run

If This Happens, Bitboy Says XRP Will Be The Top Performing Major Coin In The Next Bull Run

Ben Armstrong, a famous crypto influencer named BitBoy Crypto, recently shared his thoughts on the future prospects of XRP, the cryptocurrency associated with Ripple. According to BitBoy Crypto, there is only one thing that can propel XRP to the top of the crypto market during the next bull run.

A Favorable Settlement For Ripple

He believes that even if Ripple Labs and XRP are able to settle their legal issues without any further appeals, it could make XRP the number one cryptocurrency in terms of performance during the next big market surge.

Recently, the same blogger shared some concerns regarding the future of Tron’s TRX cryptocurrency. The founder of Tron, Justin Sun, has been sued by the SEC for allegedly violating securities laws.

The regulator has accused Sun of selling unregistered securities in the form of TRX and BTT tokens while also manipulating the secondary markets where these tokens were traded.

This has led to fears that TRX could be delisted from major crypto exchanges. However, not everyone shares these concerns.

Another crypto influencer, David Gokhshtein, believes that meme coins like Dogecoin and Shiba Inu will be the leading cryptocurrencies in the next bull run.

Just a few days ago, the price of Dogecoin (DOGE) went up by a massive 30% in just a matter of hours. The reason for this sudden surge was none other than Elon Musk, the famous tech billionaire and owner of Twitter.

Musk changed his Twitter logo to the Dogecoin logo, and this news caused a lot of excitement among DOGE fans. The price of the meme token even went above $0.1 at one point, but it has since come back down to its current level of $0.09719.

Investors Are Pouring Significant Amounts Of Funds Into XRP Products

Traditional investors seem to be showing increasing interest in XRP, as a recent report from CoinShares reveals. Aside from Bitcoin, XRP attracted the most investment, with $0.8 million invested last week.

In comparison, Bitcoin saw $8.8 million in inflows. In the past month, $2.6 million was invested in XRP and related products through the CoinShares fund. The report also shows that since the start of the year, $3 million has been invested in the six largest cryptocurrencies.

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