I have a small holding of XRP, and I was wondering if I should be selling it or not. I had the same doubt a couple of months back, and I sold half of my holdings back then for about 2.5 $ or something. Today, in the current bull market trend, the price hit over 3.5 $ if I'm not wrong. It was very much tempting to sell off all the holdings and maybe buy it back if the price drops. But something in my mind said that I would be making a mistake again by selling it low.
I have waited so many years for this waiting to see if the price of XRP would pump. We are seeing BTC having great potential and continuously going high. One of the biggest reasons is popularity, and another reason is the fact that there is only a finite amount of BTC available in the world, and that number keeps coming down every day due to the regular loss. The same applies to XRP, which is a pre-mined token, and there is only a finite number of tokens available, and they are also a hot project helping overseas payments and fund transfers for many countries.
I was then chatting with Perplexity AI to understand if it would be a good move to clear off my alt coins holdings or not. Then it gave me a good perspective. I was wondering how many such coins are close to All-Time high values. It is hard for Hive to reach the all time value again unless there is a huge project getting onboarded on Hive or a huge market movement is happening on Hive. Koreans used to be great deal makers in the past, but those events are also not happening these days. When I asked Perplexity AI, it gave me the list of alt coins that are slowly approching their All time High value, and I was able to see XRP too in that list.
Generated by Perplexity AI
I think a slight push on the altcoin market might trigger another event, pushing all the coins to a new value. But I know for a fact that many people are in the mood of booking profits, including me, when the alt coin starts pumping. I bought some Polkadot when the price was around 40 dollars, and it was my biggest mistake and looking at the current market prize, I don't think it would ever go back to its all time high value again. These things make me feel that the old alt coins, except for a few, would all stay like this forever as new blockchains are emerging and going live almost every day. Today, we have so many projects that are trying to stay on top. SUI is pretty new to this web3 world, but gaining a lot of popularity.
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