Bitrue, a prominent cryptocurrency exchange, has encouraged investors to fully embrace XRP, suggesting the cryptocurrency has potential for a significant surge. However, this promotion of the struggling digital asset has sparked considerable criticism within the crypto community.

Bitrue Urges Full Investment in XRP

Bitrue has advocated for investors to go all in on XRP, the native token of the XRP Ledger (XRPL). The exchange expressed bullish sentiment for XRP, symbolizing potential for a major bull run with a rocket emoji in their X (formerly Twitter) post.

Despite XRP's price stagnation in recent years, Bitrue has maintained strong support for the cryptocurrency. The exchange facilitates XRP trading and offers various XRP trading pairs with popular cryptocurrencies like Bitcoin, Shiba Inu, and Pepe.

Following the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), XRP's price has been declining. While the cryptocurrency reached an all-time high of $3.84 in 2018, it has struggled to regain this peak over the past five years.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?

Reactions from the Crypto Community

Bitrue's recommendation to heavily invest in XRP has been met with mixed reactions. Some investors see it as insensitive given XRP's prolonged price struggles, currently trading at $0.47, reflecting a 4.52% decline over the past week according to CoinMarketCap.

The exchange's post has drawn backlash from certain community members. One individual pledged to go "all in on XRP" but warned of potential legal action against Bitrue if the investment does not yield expected returns. Another criticized Bitrue for advocating XRP investment despite its diminished value and lackluster market performance.

In response to community feedback, Bitrue has deleted the controversial post from X. Despite pessimistic sentiments, some XRP supporters remain optimistic about the cryptocurrency's future price potential, anticipating a resurgence similar to its 2018 peak.