An interesting reversal of events saw crypto investor Virtual Bacon change his tune about XRP, one which he had held in disdain for its supposed bad performance and centralization concerns. Bacon now holds the position that XRP may indeed be a bellwether when the forthcoming bull run arrives, claiming it may be one of the top performers.
The remarks sparked discourse amongst the crypto community, with some speculating that XRP, with time, may build the necessary confidence amongst investors. Folks like Indian crypto entrepreneur Suraj glimpsed an air of irrationality, saying “Cryptocurrency is like love, often irrational, but always profound”. Additionally, thematic data cited in a The Crypto Basic report noted that a whopping 1,400% could draw up for XRP with such an influx in bullishness — buoyed by similar patterns which saw it grow from less than one cent in 2014, to $3.84 in January 2018.
