XRP's Resilience Explained by Top Trader DonAlt
Top trader DonAlt, who predicted XRP's 700% rally, attributes its stability at $2.5 to the "boomer base" effect.
According to DonAlt, older holders keep XRP afloat, making it the market's most durable bet, while younger investors chase hype coins.
DonAlt believes the reason lies not in hype or liquidity, but in the holder base of the popular cryptocurrency.
- XRP has outperformed nearly every major altcoin in the current bear cycle.
- DonAlt's prediction of the 700% rally from sub-$0.40 levels per XRP was accurate.
Author's summary: DonAlt explains XRP's strength due to older investors.