Ripple advocate, John Deaton has gone all in, placing a substantial bet on XRP’s value by flooding his crypto holdings with XRP tokens. This is despite the significant risks associated with the cryptocurrency due to its legal battle with the US SEC. 

Deaton Pumps Crypto Portfolio With XRP

Pro XRP Lawyer, John E. Deaton has stated in an X (formerly Twitter) post that he presently holds more XRP tokens than Ethereum in his crypto portfolio. The XRP advocate has decided to focus the majority of his holdings on Bitcoin (BTC), Ripple (XRP), and Ethereum (ETH), with Bitcoin being his most substantial investment among the three.   

“To people’s surprise, back then, I owned 10X more in BTC than XRP and 3-4X more in ETH than XRP. Today, I still own more in BTC than XRP but now I own significantly more in XRP than I do ETH,” Deaton stated.

Deaton said that he has been an active supporter of XRP in the legal battle between the cryptocurrency and the United States Securities and Exchange Commission (SEC). Deaton also revealed that he had purchased more XRP tokens during the time the XRP was facing a reputation crisis from the SEC’s lawsuit. He mentioned that his strong support for cryptocurrency was due to his belief that XRP would win against the SEC and gain regulatory clarity.

“I did exactly what you’re not supposed to do when investing: I bet my heart. The more I fought the SEC

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Author: Scott Matherson

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