According to U.Today, DonAlt, a well-known cryptocurrency trader with a substantial following on the X social media platform, has expressed that the Ripple-affiliated XRP cryptocurrency is significantly superior to meme coins in terms of practical use cases. He previously highlighted that XRP is transparent enough for trading, unlike many meme tokens. DonAlt remarked that while some perceive XRP as a meme, it actually stands out due to its professional appearance and presentation.
DonAlt, who gained recognition for his accurate cryptocurrency predictions, foresaw a massive rally for XRP in the fourth quarter of the year. On November 16, he noted that the token's price had doubled since his initial investment, yet he believed the rally was just beginning. Following his prediction, XRP's price surged by an impressive 219%, outperforming the broader market and major meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE).
Earlier today, 10x Research described the XRP price rally as one of the most remarkable developments in the cryptocurrency market. This significant movement is particularly notable for an established cryptocurrency like XRP. The token's market capitalization surpassed $150 billion, and it is currently trading at $2.37 after experiencing some recent gains.
