XRP (XRP) Might Be the Coin That Pumps the Hardest Off of Trump's Presidency, Suggests BitBoy

Cryptocurrency influencer Ben Armstrong (BitBoy) suggests XRP could experience substantial price growth following Donald Trump's election victory.

Cryptocurrency influencer Ben Armstrong, also known as BitBoy, has suggested that XRP could experience significant price growth following Donald Trump's victory in the 2024 presidential election.

Armstrong specifically highlighted the potential for XRP's strong performance if the president-elect follows through on his promise to remove SEC Chairman Gary Gensler from office on his first day in the White House.

If he fires Gary Gensler $XRP might be the coin in the top 100 that pumps the hardest off of Trump's presidency.

— The BitBoy (@BenArmstrongsX) November 6, 2024

In a recent tweet, Armstrong stated that XRP could be "the coin in the top 100 that pumps the hardest off of Trump's presidency." This suggestion stems from the anticipation that Trump's policies, such as removing Gensler, could positively impact XRP's performance.

XRP price shows positive momentum

Meanwhile, XRP has already shown positive momentum following Trump's election victory, with its price surging to reach $0.5739, marking its highest level in 30 days. This surge aligns with broader market movements, as Bitcoin touched new all-time highs of $76,400 following the announcement of the election results.

Despite recent gains, XRP has notably underperformed compared to its peers in the current bull market. While cryptocurrencies like Solana and BNB have recorded year-to-date gains exceeding 85%, XRP has experienced a decline, leading investors to identify potential catalysts for future growth.

Many XRP supporters and holders have attributed the token's underwhelming performance during the 2021 bull run to SEC Chairman Gensler's regulatory approach and the subsequent lawsuit against Ripple, which has impacted XRP's market performance.

Hence, Armstrong's suggestion regarding XRP's potential to benefit from Trump's presidency could be linked to the anticipation of favorable policies impacting the cryptocurrency's performance.

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