Attorney Jeremy Hogan, partner at Hogan & Hogan and one of the most vocal pro-crypto lawyers on X, recently hailed the growth of his XRP holdings.
According to Jeremy, his XRP holdings have recorded over 60% surge since he acquired the digital currency about 2-3 years ago. With the growth, he strongly believes he made the right choice.
The Highs and Lows
The post from attorney Hogan appears as a direct jab to critics on “crypto Twitter” who might have issues against small gains. The disclosure of his portfolio’s gains came in the form of a question, as he asked if growing his capital by 60% over 2 to 3 years was a bad call.
The lawyer went on to say if he had maintained a portfolio where the asset grew as much as 20% per year since he was 25, he might have retired by now.
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Speculation suggests that Jeremy must have acquired his XRP at or just before the time the US SEC filed the lawsuit against Ripple Labs. The lawsuit and the bad PR it brought for the blockchain payments firm impacted XRP a great deal.
After the SEC filed the lawsuit, many exchanges delisted XRP in response. This move affected XRP price and the coin missed out on the past bull run that pushed the price of Bitcoin (BTC) and other assets to new All-Time Highs (ATH).
The victory, clocked by XRP through a July 13 ruling, marked a pivotal point that returned bullish sentiments to the asset. XRP went on a massive price rejuvenation and has soared 81% Year-to-Date (YTD). Some believe most attorney Hogan’s 60% gain came from gains accrued over the past three months.
XRP Investments Looks Better
In a follow-up post on X, Jeremy said he was considering moving his crypto to a Wyoming Trust held by an LLC. His plan remains to take out personal loans at 8% interest to live on.
With many in the community expecting the price of XRP to hit $1 soon, the consensus remains bullish especially as the bull market cycle is assumably on the horizon. Besides actual percentage growth, Jeremy Hogan acknowledged how XRP has brought him massive fame and a passionate fanbase, all the more making his XRP investment worth it.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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