CNBC Analyst Positions XRP as One of Five Bear Market Surviving Tokens With Fundamental Utilities

Ran Neuner spotlights XRP as one of the five tokens set to survive the bear market, stressing a need to invest in coins with fundamental utilities.

In the latest episode of his Crypto Banter YouTube show, renowned CNBC analyst and crypto influencer Ran Neuner discussed the future of assets like XRP and underlined the importance of choosing suitable tokens for the next market cycle.

Neuner revealed that based on his analysis, only five tokens are likely to survive the upcoming bear market and regulatory challenges, and among them is XRP.

With his extensive experience in the crypto market, Neuner cited XRP as one of the five tokens poised to thrive amid the bear market and regulatory hurdles.

This Coming Bull Cycle Is Unlike Any Other

Acknowledging the current market volatility and its impact on various cryptocurrencies, Neuner stressed the need for investors to assess their altcoin portfolios for the next market cycle carefully.

He firmly believes that the upcoming cycle will differ significantly from previous ones, and being well-positioned is crucial to avoid potential losses.

Neuner highlighted the growing influence of institutions in the ongoing bull market, stating that this time, institutions are the driving force behind the market’s dynamics. In this context, he pointed out that institutions employ sophisticated financial instruments such as options and futures, indicating a shift away from spot buying.

Conditions for Survial

Furthermore, the crypto analyst spotlighted significant hurdles that the surviving assets of the bear market must overcome. For example, he noted that XRP needs to surpass its previous high of $3.30, while Bitcoin must surpass $69,420.

While other tokens like BNB, Cardano, Solana, Dogecoin, Polkadot, Litecoin, and MATIC also have substantial targets to achieve, the analyst suggests that many tokens may not meet these targets and may not even exist in the future.

Invest in Tokens with Real Utility

Additionally, the crypto analyst emphasized the importance of aligning one’s portfolios with tokens demonstrating real-world utility and market viability. XRP shows these traits.

Also, Neuner cautioned against emotional attachment to tokens as it could be a significant pitfall for investors. He underscored that the market does not care about community affiliation; it only cares about what works and what doesn’t.

Ultimately, Neuner guided his viewers in determining the tokens that have the potential to survive the current bear market and regulatory challenges. He encouraged a realistic and objective evaluation of portfolios and the need to adapt to the changing market dynamics driven by institutional involvement.