Last year I invested in XRP after doing some personal research and concluding it is likely to be a contender for banks to make large low fee international transfers. Since I invested, it has dipped a lot and I am deep in the red.
It seems like stablecoins are the new fad in the banking world, and will likely be used for what XRP seemingly was supposed to be used for. There also was a lot of speculation that the release of XRP ETFs would drive the price upwards, but that didn’t seem to help the price much at all.
All of this, combined with the fact XRP seems to be the coin of choice for Trump and his cronies’ market manipulation pump and dumps, makes me wonder if I should keep holding or cut my losses and move on.
Is there any case to be made for XRP going back up in the next few years, or is the future of the coin looking grim?
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