The XRP community is usually vocal and positive about price projections. However, Vincent Van Code, a known software engineer and founder of several AI startups, has shared concerns for XRP holders amid ongoing legal proceedings.
XRP Investor Warning
Vincent Van Code advises investors not to give in to the hype and purchase XRP before the anticipated SEC meetings. He believes that investing in XRP in the hopes of a price surge following the resolution of legal matters is essentially gambling.
Why XRP Might Be Risky
According to Vincent, the core issue involves Ripple’s direct sales of XRP to institutions, which is a pivotal aspect of the lawsuit. This delays the proceedings as it’s not merely about the fine but also about the legal resolution.
Alternative Investments: The Benefits of Solaxy
Solaxy, a new altcoin, might be a safer investment option. It functions as a Layer 2 solution for the Solana blockchain, optimizing the network and reducing congestion. Solaxy’s main advantage is the seamless asset transfer between Solana and Ethereum, accessing liquidity in both ecosystems.
While XRP faces legal challenges, Solaxy provides a clearer development path and potential growth early in its launch. Investors should weigh the risks before making decisions.
