Edward Farina, Head of Social Adoption at Healthcare, had some compelling things to say about XRP in a comment on Twitter. According to Farina, there are notable risks and controversies around the token which makes holding it not an easy task. These comments were made in light of the regulatory lawsuit the U.S. Securities and Exchange Commission (SEC) has filed against Ripple. Despite the fear, uncertainty and doubt around the asset, Farina has remained steadfast, emphasizing XRP is not intended for the general public. Unsurprisingly, Farina’s opinion received mixed notoriety.
He was met with support by the crypto community, with many pointing out XRP could offer boundless prospects for new investors looking to establish a solid portfolio. Likewise, others contended the SEC’s attempts to inhibit XRP’s progress can’t stop its growth, citing a top crypto influencer who reasoned the current low-price isn’t a contemplation of its actual value.
At the time of writing, the main tracking platform, Coinmarketcap registers XRP as the sixth-largest crypto with a market capitalization of $24 million. Doubtless, XRP had established as high as the third largest crypto before the SEC lawsuit against Ripple was made. It’ll definitely be interesting to see which position the digital asset stands for in the near future.
