XRP advocate JohnEDeaton1 projects the level at which traders will FOMO into the coin
As shared on his Twitter handle, Deaton said it is crazy to think that many people will not buy XRP right now that the price is sitting at $0.48 apiece.sits at .48 cents and it’s crazy to think about how many people, who refuse to buy it now, are going to buy it over $1. What’s even more crazy is that fomo won’t likely kick in until $2.
FOMO is the popular crypto industry acronym for Fear of Missing Out, and it describes exactly how many investors inject cash when they think a token is growing in price and they would like to get in on the action. Considering XRP's price history, the cryptocurrency has every basis to retest the resistance around $2 as it was traded at an all-time high above $3.84 more than five years ago, according to data from CoinMarketCap.Many industry insiders who have been following the growth of XRP over the years have acknowledged the damage the lawsuit has done to the cryptocurrency.
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