Main navigation

Here’s How XRP’s Value Can Finally Be Realized: Max Avery

Mon, 12/05/2022 - 16:35
article image
Yuri Molchan
Entrepreneur and political commentator praises XRP, stating that it has something other crypto projects do not possess
Here’s How XRP’s Value Can Finally Be Realized: Max Avery
Cover image via

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Read U.TODAY on
Google News

Max Avery, whose personal website states that he is US nationally recognized entrepreneur, international trade consultant, politician and also a political commentator, has taken to Twitter to extend his support to Ripple-affiliated cryptocurrency XRP.

“XRP provides massive utility”

Avery tweeted that XRP offers “massive utility” and is a perfect platform for payment facilitation. He believes that the value of this token can finally be realized gradually as its adoption grows wider and its usage goes live around the world.

Avery believes that as opposed to the high level of XRP utility, other cryptocurrency projects, many of them, are based only on speculation.

Brad Garlinghouse Congratulates Ripple Team for Reaching Current Point When Verdict May Be on Horizon

XRP’s social dominance rises with potential price rise on horizon

As reported by U.Today over the weekend, Santiment on-chain data firm shared that XRP, XLM and SNT have been trending with their social dominance going significantly up.

This signifies that chances of a price surge for these three altcoins are higher than usual. Still, according to Santiment, there might be also a chance of a quick sell-off, while these tokens are trending.

So far, XRP, the seventh largest digital currency, has been down 4.77 percent since November 30, exchanging hands at $0.3915, as per data provided by CoinMarketCap.

Still, whales have been quite active with this token, moving large amount of it over the weekend – more than 150 million XRP. Over the past 24 hours, an amount under 100 million coins was also shoveled by anonymous whales to the Bitstamp exchange.

article image
About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at