HomeCrypto NewsNews StoriesGerman VC Firm Pushes XRP Education—Says It’s Not a Security

German VC Firm Pushes XRP Education—Says It’s Not a Security

Date:

  • Tokentus Investment AG continues educating investors, stating that XRP does not meet security classification criteria.
  • CEO Oliver Michel predicts a potential 20x XRP surge, estimating a $10 price target in this market cycle.
  • Analysts see XRP gaining momentum, with key resistance at $2.45 and potential breakout towards $2.90.

Tokentus Investment AG maintains active efforts to teach the public about XRP through its YouTube platform and other communication platforms from its Germany headquarters. A video from the firm acts to confirm that XRP exists outside the security category which has become a major topic in the cryptocurrency sector.

The video declared that although tokenized stocks belong to securities regulations, XRP exists outside these classification boundaries. Investors need to recognize the fundamental distinction between tokenized assets and cryptocurrencies based on the guidance of Tokentus.

CEO Discusses XRP’s Status and Market Potential

CEO Oliver Michel of Tokentus Company has actively discussed XRP’s regulatory status. Michel previously made it clear to the financial industry that XRP operates independently of securities classifications by its inherent functions and operational needs.

In addition to regulatory studies Michel conducted research about XRP price movement. He predicted a significant price rally for XRP during a discussion about its past market performance which resulted in a 4,000% gain during the years of 2014 to 2017. According to his projections, a 20-fold price surge in this market period could lead to a potential price of $10.

Growing Attention on XRP Coverage in the Media

The latest XRP content by Tokentus generates analysis within the cryptocurrency enthusiast community regarding media coverage of the asset. Various individuals within the XRP community observe German financial companies offering extensive education about XRP, while some U.S. media organizations minimize its market significance.

The XRP community representative “Digital Asset Investor” highlighted Tokentus’s recent video by stating that German media provides better XRP information compared to main U.S. financial news broadcast networks. The idea of coordinated XRP censorship in United States mainstream media is something which Ashley Prosper along with other XRP community members strongly believe exists.

Source: X

The news networks CNBC, Bloomberg and FOX have reported about XRP, but according to some XRP supporters the cryptocurrency receives less coverage than other digital assets.

XRP Price Analysis and Market Outlook

Market analysts indicate that XRP shows signs of accelerating in its market trend. The XRP price continues to gain support from bulls per a recent AltcoinBeacon analysis now that it operates past its mid-range zone. Retail investors have intensified their buying activities which leads to price action building an ascending price channel according to market analysis.

According to the designated analysis, the price of $2.45 stands as the essential threshold that XRP requires to conquer moving forward. The cryptocurrency needs to pass through $2.45 to advance toward higher targets between $2.60 and $2.70. 

Ultimately, the key barrier for price growth stands at prices from $2.75 to $2.90. If XRP breaks through these levels it will indicate an emerging powerful upward movement that could dominate the next weeks on price charts.

Olivia Stephanie
Olivia Stephanie
Olivia Stephanie is a FinTech enthusiast with a keen understanding of financial markets. Her passion for economics and finance has led her to explore emerging blockchain and crypto markets.

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