CNBC Analyst Ran Neuner: XRP Is One of Five Bear Market Surviving Tokens with Real Use Cases

Ran Neuner, a pre-eminent CNBC analyst and renowned crypto pundit, recently had something to say about the future of cryptocurrencies. During his capstone Crypto Banter YouTube show, he highlighted the financial imperatives of investing in coins with true core utilities. Neuner noted that amidst bear markets and mounting regulatory challenges, only a select few tokens have the capacity to come out unscathed. In similar wisdom, Neuner recommended to investors to carefully review their crypto portfolios as the current market cycle is already showing features markedly different from past ones. The savant analyst accentuated that in the present day environment, institutions have started to lead the remainder of the market with intricate financial products like options, futures being more heavily utilized than spot buying. Looking for the unmistakable signs of an assets productive capability in such harsh conditions of weak markets, Neuner said tokens must achieve marks like XRP tackling its antecedent high of $3.30 while potentially hitting even greater numbers, or Bitcoin needing to satisfy the bar of $69,420. Concluded the luminary analyst, project economic health has become equated with possession of tangible, necessary utilities. Touting the erstwhile mentioned digital currency as praetorian, Neuner extolled XRP satisfying the requirements of both international financial systems and global payments due to fast transaction times and low fees. The eminence of XRP has only been supplemented by sound allegiance contracts with fertile institutions round the planet. Finally, he firmly underlined adapting to morphing market conditions as the need of the day, and discovering coins that fit stern definitions of market abundance and versatility despite down trending dynamics.