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XRP's Undervalued Potential, A Response to FUD

XRP's Undervalued Potential, A Response to FUD

Sep 04 Tech Standard

Crypto commentator Levi Rietveld has recently delved into the reasons behind XRP's underperformance over the years. He believes that misinformation and fear, uncertainty, and doubt (FUD) have played a significant role in hindering XRP's growth.

Rietveld specifically criticized Raoul Pal's recent comments suggesting that XRP is outdated. He argued that Pal's statements are misinformed and potentially harmful to the XRP community. Rietveld highlighted XRP's technological advancements, particularly in cross-border payments, as reasons to remain bullish on the cryptocurrency.

The XRP pundit also refuted Pal's characterization of XRP as a relic from previous bull markets. He argued that the lawsuit with the SEC has provided valuable clarity for the entire industry.

Rietveld believes that FUD, along with the lawsuit, has significantly prevented XRP from reaching as high as $100. He urges viewers to stay informed and share accurate information to counteract the spread of misinformation and support XRP's potential.

However, other XRP community pundits, like Attorney Bill Morgan, have disagreed with Rietveld's assessment. Morgan argues that while FUD and the lawsuit may have contributed, they are only part of the reason. He believes that nobody can fully explain XRP's price behavior over the last seven years.

HarshitKulhan

Crafting cinematic stories through the lens of my phone, I am a blogger and content writer who expresses the essence of my blogs through words

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