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Popular Trader Confirms $1 Trillion XRP Market Cap Prediction
In a recent market analysis, a well-known trader has reaffirmed their earlier prediction that Ripple’s native token, XRP, may potentially reach a staggering market capitalization of $1 trillion. According to the trader, this outcome is not only plausible but also supported by the current market trends.
As we have seen on the price chart of XRP suggested by Credibull, it appears that the token may be heading towards a high of approximately $24 in the near future. This prediction has sparked a flurry of reactions among investors and analysts alike, with many expressing their skepticism regarding the feasibility of such an outcome.
However, the trader remains adamant that their earlier forecast is still viable and even more likely given recent market developments. They base this conviction on a higher time frame impulsive structure, which convinces them that XRP’s price will continue to surge in the coming months.
It is essential to note that the trader targets the second quarter of 2025 as the possible timeframe for this development to take place. With XRP currently trading at $2.42 and its market capitalization hovering around $140 billion, the potential for exponential growth is undeniable.
While some may view such a prediction as overly optimistic or even unrealistic, it remains to be seen whether the trader’s expectations will come to fruition in the long run.
Source: u.today
