Monday, May 10, 2021

XRP is the Biggest Threat to Bitcoin and a Coin to Watch –Crypto Bitlord

A popular crypto trader identified as Crypto Bitlord, who has once taunted Ripple’s digital token XRP with the threat to hard fork it, has recently come out in defense of the Ripple’s owned token, calling it the biggest threat to Bitcoin’s supremacy in the cryptocurrency market.

A few months ago, Ripple was generally accused of dumping XRP on investors, which was envisaged to have caused the underperformance of the digital currency in the market back then.

Afterward, Bitlord masterminded a campaign for the hard fork of XRP, in order to save the innocent investors hoping to see the rising of the coin to prominence in terms of price.

He made a tweet about the proposed hard fork, then the tweet went viral. Some came in his defense while others condemned his proposal by tagging it as an impossible mission.

Crypto Bitlord’s Proposed Hard Fork

On 7th September 2019, as soon as Ripple released XRP in millions from escrow, which could be termed as another dump, Bitlord then took to Twitter to vent his displeasure and to raise solidarity for XRP fork.

In another tweet on the same day, Bitlord cleared the air regarding his status as an XRP investor. There he claimed to own XRP.

He said, “In actual fact, I do own XRP. -I’m not that dumb. If it pumps, at least I won’t hate myself! If it goes to zero, that’s ok too, RippleOne is a hedge.”

Crypto Bitlord In Defense of XRP

After about 4 months of the uproar he initiated in the crypto community, Bitlord has surprisingly come out in defense of XRP, the coin he had once taunted.

He recently shared his seemingly sincere thought about the potentials of XRP. He probably thrilled with the latest developments within the Ripple and XRP ecosystem.

In the recent tweet, he admitted that many people, including him, have severely underestimated XRP potential. He then pointed out that the digital token has always been a threat to Bitcoin (BTC) and a coin to watch.

He said, “We are severely underestimating XRP potential! If anything, this coin was always the biggest threat to BTC -This could be the biggest buying opportunity of 2019. PAY ATTENTION.”

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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