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Ripple News

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TheNewsCrypto

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Analyst Projects XRP Market Cap to Reach $1.2T: A Deep Dive

  • A technical analyst, CrediBULL, projects XRP's market cap to reach $1.2 trillion.
  • The analysis suggests that XRP could reach $22 by early 2025, representing an 820% increase from current levels.
  • The analyst emphasizes the importance of maintaining a broader perspective and identifies the current consolidation phase as short-term noise.
  • The projection is based on a compelling technical structure and historical market behavior rather than specific fundamental catalysts.

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Crypto-News-Flash

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Ripple News: CNBC Cites XRP as Major Winner in Trump’s Crypto Rally Following Election

  • XRP surged by 370% after Trump’s election win, outperforming Bitcoin and the broader crypto market.
  • CNBC highlights XRP as the standout performer, attributing its gains to Trump's victory.
  • XRP's rally was fueled by market confidence and expectations of the dismissal of the SEC lawsuit against Ripple.
  • Despite recent volatility, XRP maintains strong trading volume and institutional interest.

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Crypto-News-Flash

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XRP and Cardano Debate Heats Up After Messari Co-founder’s “Bot Group” Comments

  • Messari co-founder Ryan Selkis labeled XRP and Cardano communities as “loudest, least valuable bot groups”
  • Recent remarks from Selkis reignited controversy and drew renewed scrutiny towards XRP and Cardano.
  • Cardano supporters countered criticism with data, highlighting its transaction volumes compared to Ethereum and Bitcoin.
  • Selkis has criticized Ripple's alleged centralization and XRP's purpose as an insider enrichment scheme.

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Cryptopotato

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Top Ripple (XRP) Price Predictions as of Late

  • Analysts forecast a potential rally for XRP, with price targets ranging from $2.72 to $8.76.
  • Key metrics, including active accounts and transactions, have declined, signaling reduced network activity and potential demand.
  • XRP experienced severe volatility, currently valued around $2.36, with a 2.5% decline in the past 24 hours.
  • Despite optimistic predictions, a decrease in XRP payments, active accounts, and executed transactions suggest potential challenges for XRP's upward momentum.

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Crypto-News-Flash

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Ripple News: Fresh ‘XRP ARMY’ Logo Unveiled by Designer Behind XRP’s Icon

  • The XRP Army has unveiled a fresh logo designed by Eddie Lobanovskiy, the creator of the original emblem.
  • The new logo represents inclusivity, innovation, and strength of the XRP community.
  • Lobanovskiy describes it as 'the helmet of courage' and an 'unstoppable X of strength'.
  • The XRP Army is not just a community, but a movement that believes in the transformative potential of digital assets.

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Crypto-News-Flash

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SBI Eyes XRP Buyback Program—Details of the Proposal Unveiled

  • Swiss-based investment manager GAM Investments has urged Ripple partner SBI Holdings to adopt an XRP-focused strategy.
  • GAM suggests SBI initiate an XRP buyback program to unlock shareholder value, similar to MicroStrategy's Bitcoin accumulation strategy.
  • GAM highlights the undervaluation of SBI, with its indirect holdings in Ripple surpassing its market capitalization.
  • GAM recommends increased transparency, daily valuations of XRP holdings, and implementing an XRP buyback program to address SBI's undervaluation and benefit shareholders.

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Zycrypto

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Ripple CTO Explains Why RLUSD Can Hit Whopping $1,200 At Launch, Warns Investors Not To “FOMO”

  • Ripple CTO David Schwartz explains why RLUSD could initially trade at a high price, possibly $1,200.
  • Schwartz mentions early supply bottlenecks and speculative enthusiasm as factors for the potential spike.
  • He warns investors against seeing RLUSD as an opportunity for significant profits.
  • Schwartz emphasizes that the primary purpose of a stablecoin is to maintain a stable price.

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Bitcoinsensus

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Ripple’s RLUSD Stablecoin Set to Go Live on December 17th

  • The much anticipated Ripple Labs stablecoin, RLUSD, will be going live on December 17th.
  • $RLUSD will initially be available on exchanges such as Moonpay, CoinMENA, Archax, and Uphold.
  • Former Governor of India’s Reserve Bank Raghuram Rajan and former First Vice President and COO at the Federal Reserve of Boston Kenneth Montgomery will join Ripple’s advisory board.
  • RLUSD has shown bullish movement, up by over 3% in the last hour alone and is expected to be the most profitable digital asset in Q4 2024.

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TheCryptoBasic

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Wealth Mentor Shares Why XRP is Worth Holding for Long Term

  • Renowned wealth mentor Linda Jones shares the significance of holding XRP for the long term.
  • The video highlights Ripple's partnerships with major financial institutions and involvements in international initiatives.
  • Ripple's strategic positioning and involvement in the ISO 20022 migration suggest XRP's integral role in the future of cross-border payments.
  • The robust team of global experts and leadership further reinforces the belief in XRP's long-term growth potential.

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Crypto-News-Flash

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XRP News: Collateralization Model Values XRP at $122,580

  • XRP has an estimated fair market value of $122,580 based on the total global wealth of $5.3 quadrillion.
  • The Collateralization Model values XRP at $122,580 per token by assuming the tokenization of global financial systems.
  • Analysts predict that XRP would need to breach resistance levels at $2.42, $2.52, $2.72, and $5.85 for a significant upsurge.
  • Several analysts anticipate XRP reaching higher price targets of $4.5 or more in the near future.

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Bitcoinist

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XRP Fever Sweeps The Web As Google Queries Soar To 100

  • Ripple's XRP has reached an all-time high search interest score of 100 on Google Trends, surpassing its previous peak in 2017.
  • The surge in XRP's popularity coincided with its price increase after the US presidential elections, reaching a market cap of $150 billion.
  • However, Google Trends data indicate a gradual decline in interest in XRP after reaching its peak score.
  • The current price of XRP is consolidating below $2.5, and there is high interest in the planned RLUSD stablecoin and possible release of Ripple's ETFs.

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Bitcoinsensus

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Altseason on Hold as XRP Slips Below $2.40: FOMC Reversal Ahead?

  • XRP trades at $2.37 showing resilience after recovering from a dip to $1.90
  • Expectations of a 0.25% interest rate cut by the U.S. Federal Reserve could boost XRP and other altcoins
  • Investors watching the upcoming FOMC meeting and Presidential inauguration for potential market impacts
  • Altcoin season on hold as Bitcoin dominance increases, halting expectations of a new altcoin surge

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TheCryptoBasic

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XRP Can Reach $1.2T Cap, Top Analyst: Here’s What XRP Would Look Like in Such a Case

  • XRP could reach a $1.2 trillion market cap as the bull run continues.
  • XRP surged nearly 500% in recent weeks but has struggled around the $2 mark.
  • CrediBULL advises non-traders to ignore short-term fluctuations and focus on the bigger picture.
  • A breakout from the consolidation phase could lead XRP to reach $22 in the first quarter of 2025.

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Cryptoslate

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Ripple RLUSD investors warned against FOMO as stablecoin trades well above peg pre-launch

  • Ripple CTO David Schwartz has urged potential investors to avoid panic-driven purchases of the Ripple USD (RLUSD) stablecoin before its official launch.
  • Schwartz warned of a possible initial supply shortage, which could cause price fluctuations for the dollar-pegged asset.
  • Early buyers might pay inflated prices for the novelty of owning the first RLUSD tokens, but the stablecoin's price is expected to stabilize near $1.
  • Schwartz emphasized that RLUSD is not designed as a speculative asset and urged investors to avoid fear-driven purchases.

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Crypto-News-Flash

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XRP News: Ripple CTO Warns as RLUSD Launch Sparks $1,200 Price Offer

  • Ripple CTO David Schwartz warns against early speculative RLUSD purchases as prices may temporarily spike due to supply shortages and launch excitement.
  • RLUSD's price is expected to stabilize near its $1 peg as supply normalizes, reflecting its design as a compliant and reliable stablecoin for practical use.
  • Ripple is preparing to launch RLUSD stablecoin following approval from NYDFS.
  • Initial price spikes reaching $1,200 are driven by speculative excitement, but are unsustainable and will stabilize near $1.

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