John Deaton, a pro-XRP lawyer, has shared insights into his crypto investment strategy, revealing a shift in his portfolio over the past two years.
Key Takeaways
- Renowned pro-XRP lawyer, John Deaton, shares insights into his crypto investment strategy and expresses optimism about XRP’s future value.
- Deaton reveals a significant shift in his crypto portfolio over the past two years, with a notable increase in his XRP holdings.
- His investment decisions were influenced by his conviction in XRP’s potential for substantial growth and a legal victory against the SEC.
- Deaton discusses the unique roles of Bitcoin (BTC), Ethereum (ETH), and XRP in the cryptocurrency market.
Pro-XRP lawyer John Deaton reveals a notable change in his crypto investment portfolio over the past two years.
Initial Portfolio Composition
During the legal battles against the SEC in 2021, Deaton held Bitcoin (BTC), Ethereum (ETH), and XRP. At that time, he had a more significant allocation to BTC and ETH.
Expert Explains Why XRP Price Will Rise with Time, Says He Now Holds More XRP Than Ethereum https://t.co/awXAA3rXn8
— 🇳🇱 MackAttackXRP® 🇳🇱 65K-XRP-Followers (@MackAttackXRP) November 9, 2023
Deaton discloses that he now holds significantly more XRP than ETH, a decision driven by his belief in XRP’s growth potential. The lawyer acknowledges that his investment choices were influenced by his fight against the SEC and his increasing confidence in a legal victory.
XRP’s Role in Cross-Border Payments
Deaton views XRP as the ultimate solution for cross-border payments, citing substantial transaction volumes and growth in this sector.
He highlights the immense transaction volumes in cross-border payments and projections of continued growth, with cross-border payments estimated to reach $290 trillion by 2030.
To Conclude
John Deaton’s insights reflect his evolving investment strategy and his optimistic outlook on XRP’s role in the cryptocurrency market, particularly in cross-border payments. His reflections on cryptocurrency sentiment and potential growth scenarios provide valuable perspectives for investors and enthusiasts.
