Today's Hot Topics

Advertisement

XRP Could Overtake Bitcoin By Weeks End

 
XRP Could Overtake Bitcoin By Weeks End
Breaking News / Bitcoin / Cryptocoins / Ripple

The host of CNBC's Crypto Trader show, Ran NeuNer was once a very harsh critic of XRP but he has now predicted that at this rate, it will be at the number one spot for market cap by Friday.

 

Yesterday, 19th November 2018 was possibly the worst day for Bitcoin and the rest of the market across the whole year, as Bitcoin sunk below the $5,000 key resistance level for the first time since October 2017. Ether and Bitcoin Cash have lost around 14 percent and over 40 percent respectively over the past 24 hours and the rest of the big cryptocurrencies don't seem to be doing much better either.

 

Nevertheless as reported by CryptoGlobe, there was one ray of hope, one major crypto seemed to stay relatively stable and strong, XRP. The token is the second biggest cryptocurrency in the world at the current time of writing after it overtook Ethereum last week. There doesn’t seem to be any sign that Ethereum is about to take back the silver medal either.

 

It is starting to be noticed that XRP is performing quite admirably. The host of the CNBC Crypto Trader show used to be one of the harshest critics of XRP and during the middle of May this year he appeared as a guest on the Fast Money show also hosted by CNBC where NeuNer recommended selling XRP saying:

 

"I'm throwing it in the garbage... I can't find a use case for the token... I'm out."

 

However, the past six months he seems to have learnt a lot more about Ripple and XRP. This could be due to conversations with employees at Ripple such as the Chief Technology Officer David Schwartz and famous XRP fans such as Michael Arrington, the co-founder of digital asset management company Arrington XRP Capital. NeuNer seems to have changed his opinions as his hate for XRP has slowly but surely turned in love.

 

Over the weekend, NeuNer took to Twitter to make a comment which was most likely just a joke but it seems like now it could have been some of the best crypto advice the analyst has ever given.

 

“These hash wars highlight why everyone should dump BTC and BCH and just put all their money into XRP!”

 

In another later tweet, he said that he believes XRP will hit the number one spot by Friday:

 



What are your thoughts? Let us know what you think down below in the comments!

You can share this post!