Ahead of the anticipated cryptocurrency market bull run in 2024, Crypto Influencer Ben Armstrong has placed XRP on his list of crypto tokens set to see massive price adds during the bull run. Armstrong placed this expectation on several factors.
Indeed, the influencer made this prediction in a recent video on YouTube, which has since garnered over 35 thousand views. Armstrong stated that he has added XRP to his 2024-2025 bull run S-Tier list, which is composed of tokens with high bullish potential based on his metric.
According to the video, the prediction was based on factors Armstrong believes could propel the token onward during the bull run. Firstly, the influencer pointed at XRP’s team, hailing them as the best team in the industry.
Furthermore, Armstrong said XRP has one of the best marketing, mainly targeted at institutional investors. The influencer continued by saying Ripple’s strategy is one of the best-concentrated marketing in the crypto.
On how high the token has previously performed, Armstrong told his subscribers that XRP was one of the tokens that led the 2017 bull run. While noting the impact of the U.S. Securities and Exchange Commission’s lawsuit on the token’s valuation, Armstrong stated that XRP continues to command strong performance.
Elsewhere, the influencer gave XRP’s community a ten over ten rating, hailing it as one of the strongest in the crypto ecosystem. Dubbed the XRP Army, Armstrong stated that the community’s footprints are everywhere, especially in Ripple’s lawsuit against the SEC.
On utility, Armstrong predicts XRP will see massive adoption by financial institutions in the near term. Per the video, Ripple is already working with Central Banks to help them develop their own central bank-based digital currency (CBDCs).
Additionally, the influencer mentioned XRP’s tokenomics and Ripple’s advanced tech as factors that would also drive the token’s bull performance in 2024. While reiterating his confidence in the token’s bullish potential, Armstrong remarked, “The 2017-2018 XRP price spike was beyond measure and about the greatest display of crypto potential we’ve ever seen.”
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