thecryptobasic.com
Crypto commentator Julius Rose has boldly asserted his strong belief in $XRP, suggesting that anyone in the crypto market not guiding others toward $XRP is likely misleading them.
Rose shared this sentiment in a post on X on Friday, coinciding with $XRP’s surge to a five-week high of $0.57. As of press time, $XRP is trading at $0.5521, up 7.6% over the past week.
His statement that anyone not leading others to $XRP is misleading them underscores his confidence in the asset’s long-term potential despite $XRP’s relatively underwhelming performance in recent years.
While $XRP has been a laggard compared to other cryptocurrencies, Rose’s perspective offers optimism for long-term holders, especially as some in the $XRP community express frustration with the asset’s recent price action.
$XRP Price Action in Recent Times
$XRP’s weekly gain of 7.6% is modest compared to rivals like Solana ($SOL) and Ethereum ($ETH), both of which have posted impressive weekly gains of over 21%. On a monthly basis, $SOL and $ETH have risen by 50% and 30%, respectively, while $XRP has increased by just 3%.
When looking at year-to-date performance, $XRP is down by 10%, whereas Solana has surged by 97%, and Binance Coin (BNB) has gained 101% in the same period. This disparity has led to frustration among $XRP holders, with critics using the underperformance to argue that $XRP has limited potential in the current bull market.
Ripple CEO Optimistic About $XRP’s Future
Despite these challenges, Ripple CEO Brad Garlinghouse has recently expressed optimism about $XRP’s future. He believes regulatory changes under a potential Donald Trump administration could help $XRP regain momentum.
Garlinghouse criticized the U.S. SEC’s lawsuit against Ripple, which has hindered $XRP’s growth. He believes the incoming Trump administration’s crypto-friendly stance—especially Trump’s plan to replace SEC Chair Gary Gensler—could remove these obstacles.
Garlinghouse reflected on $XRP’s past highs and expressed confidence that the asset could regain prominence in the market. The $XRP community is also hopeful, with many seeing 2025 as a potential turning point for the digital asset.
A Critical Look at Julius Rose’s Optimism
It is worth noting that Julius Rose’s recent statement that anyone not leading people toward $XRP is “misleading” them may be somewhat sarcastic. Rose has a history of criticizing $XRP. Just two days ago, he argued that $XRP would not reach a new all-time high in 2024, telling optimistic holders, “Sorry.”
In a more recent post, he even suggested the possibility that $XRP might not hit a new all-time high in 2025, either.
what you doing if $XRP doesn’t
hit all time highs in 2025?— julius rose (@mrjuliusrose) November 9, 2024