Bitrue Crypto Exchange Urges Investors To Go “All-In” On XRP, Here’s Why

Source Bitcoinist

Popular cryptocurrency exchange, Bitrue has urged investors to go all in on XRP, suggesting the cryptocurrency’s potential to surge dramatically to new levels. The crypto exchange’s promotion of the declining digital asset has triggered a significant backlash from various crypto community members.

Bitrue Advocates Full Investment In XRP

Bitrue has advocated for crypto community members to fully invest in XRP, the native token of the XRP Ledger (XRPL). The crypto exchange expressed bullish sentiment for XRP, using the infamous rocket emoji at the end of their post to signify a potential for a significant bull run for the cryptocurrency.

“When in doubt, go all in XRP,” the exchange remarked in an X (formerly Twitter) post. Despite XRP’s price stagnationover the years, Bitrue has remained a major advocate for the cryptocurrency. The crypto exchange allows users to trade XRP on its platform and also offers numerous XRP trading pairs with popular cryptocurrencies like Bitcoin, Shiba Inu, Pepe and others. 

Following the ongoing lawsuit against Ripple, issued by the United States Securities and Exchange Commission (SEC), the price of XRP has been on a downward trend. The cryptocurrency previously rose to an all-time high of $3.84 in 2018. However, over the past 5 years, XRP has failed to match this peak. 

The cryptocurrency’s declined state has been a major concern for long-term investors and XRP supporters. While the community has continually stayed optimistic about a potential rally following the conclusion of the SEC’s lawsuit, many have opted to sell off their tokens to protect themselves from potential losses.  

Crypto Community Members React

Bitrue’s suggestion to invest heavily into XRP may appear insensitive to some investors considering XRP has failed to witness a significant rally for years. The price of the cryptocurrency is currently on a downward trend, trading at $0.47, and reflecting a 4.52% decline over the past week, according to CoinMarketCap.

Unsurprisingly, Bitrue’s post has evoked mixed reactions amongst crypto community members, attracting backlash from a few followers. One community member announced he would be going “all in on XRP.” However, he warned that if his investment fails, he will sue Bitrue for its supposed financial advice and endorsement of XRP.

Another crypto member labeled the exchange’s post as bold, highlighting Bitrue’s recommendation to invest in XRP despite the cryptocurrency’s waning value and lackluster market performance. Likely, in response to community backlash, the crypto exchange has completely deleted the controversial post from X.

While there are pessimistic sentiments about XRP, there are also various crypto community members who remain bullish on the cryptocurrency’s price outlook. An avid XRP supporter and community member identified as ‘Jack The Rippler,’ has expressed significant bullish sentiment for XRP.

According to the crypto member, XRP is poised to pump harder than most digital assets, indicating the possibility for the cryptocurrency to witness a similar price surge akin to its record high in 2018. 

XRP price chart from Tradingview.com
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum Price Drops Back: Another Test for Support LevelsEthereum price failed to clear the $3,750 resistance and trimmed gains. ETH is back to $3,350 and might struggle to start a fresh increase. Ethereum started a fresh decline from the $3,750 zone. The
Author  NewsBTC
Jan 08, Wed
Ethereum price failed to clear the $3,750 resistance and trimmed gains. ETH is back to $3,350 and might struggle to start a fresh increase. Ethereum started a fresh decline from the $3,750 zone. The
placeholder
Bitcoin Outlook 2025As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Author  TradingKey
Jan 23, Thu
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
placeholder
What Crypto Whales are Buying For May 2025Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
Author  Beincrypto
Apr 21, Mon
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
placeholder
Ethereum Price Ready to Surge—$2,000 Level Could Be Within ReachEthereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
Author  NewsBTC
May 08, Thu
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
placeholder
Ethereum Price Explodes Past $2,200 with 25% Surge—Momentum Builds FastEthereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
Author  NewsBTC
May 09, Fri
Ethereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
goTop
quote