Invezz

Pro-crypto lawyer contented with his growing XRP portfolio

Pro-crypto lawyer contented with his growing XRP portfolio
Newton Gitonga
Nov 20, 2023, 05:15 AM
  • Attorney Jeremy Hogan celebrates his XRP returns.
  • He has seen a more than 60% increase in his XRP portfolio.
  • The digital coin has remained profitable despite various ups and downs.

Pro-crypto lawyer Jeremy Hogan has revealed his Ripple (XRP) portfolio to Crypto Twitter (digital assets enthusiasts on social platform X). The investor has enjoyed profits of over 60% from his investment in the remittance token over the past three years. The attorney trusts he made a sound choice.

Jeremy’s portfolio disclosure

The lawyer directed his message to crypto fans interested in the market fluctuations and ignoring small gains. Indeed, a 60% wealth uptick within three years is something savvy investors could crave for.

Hogan believes he could be enjoying retirement if he invested in a token that gains 20% yearly since he was 25. That shows his confidence in cryptocurrencies.

Ups and downs

Anyone who has traded or invested in XRP over the past few years must have felt the Ripple vs. SEC heat. Speculations indicated that Hogan bought the tokens before the regulator’s lawsuit. Indeed, the suit dented the company’s credibility, impacting XRP price movements.

The altcoin missed many remarkable rallies that saw Bitcoin and other cryptos surging significantly. For instance, XRP endured bearishness as multiple exchanges delisted the token in SEC’s response.

Nonetheless, Ripple’s July win reversed the course, and XRP noted bullish recoveries. The altcoin recorded notable price upswings. Hogan’s XRP returns could have come from the asset’s gains in the last three months.

Hogan is confident with XRP

Jeremy Hogan revealed plans to relocate his crypto holdings to an LLC-held Wyoming Trust, where he can take loans to live on.

The cryptocurrency community remains optimistic as they await the massive rallies. Analysts believe XRP might skyrocket to levels above $1.

Cryptoinsightsuk trusts the remittance token could climb to $1.35, according to technical indicators and improving on-chain metrics.