Renowned crypto YouTuber Ben Armstrong, better known as BitBoy, took to Twitter to express his views on the future of Ripple and its XRP token. Armstrong said it may even be possible to become the world’s largest cryptocurrency during the next bull run. For this to happen, however, it is crucial that the lawsuit against the SEC works out favorably for the company.
Favorable outcome of lawsuit will send XRP price skyrocketing
BitBoy believes that winning the lawsuit, or even reaching a favorable settlement for Ripple Labs and XRP, will lead to the token becoming the best performing coin during the next crypto bull run.
Ben Armstrong is not the only well-known person speaking out about the future of Ripple and XRP. Analyst Scott Melker has also posted several tweets about the potential ramifications of the SEC lawsuit. According to his followers, a favorable ruling in the lawsuit would result in Ripple becoming the only cryptocurrency with a clear regulatory framework in the United States. This could drive the price up significantly.