HEREāS HOW HIGH XRP NEEDS TO GO TO BECOME THE 2ND LARGEST CRYPTOCURRENCY AS ITS SURGE SURPASSES $3!
To become the second largest cryptocurrency, XRP would need to surpass Ethereum in market cap, as Bitcoin currently holds the top spot. Hereās how we can break it down:
Current market caps (as of January 2025):
Bitcoin (BTC): Over $500 billion.
Ethereum (ETH): Around $220 billion to $250 billion.
XRP: Recently surpassed $3, but its market cap would need to reach Ethereumās level to surpass it.
XRP Price and Market Cap:
If XRP is priced at $3, the total market cap of XRP is determined by the number of XRP tokens in circulation. There are approximately 50 billion XRP tokens in circulation (this number may vary slightly due to different token launches). So at $3 per XRP, the total market cap would be approximately: 50 ā Billion XRP Ć 3 ā USD = 150 ā Billion USD 50 Billion XRPĆ3USD=150 Billion USD At this market cap, XRP would still be well below Ethereumās current market cap, meaning it would need to increase in price even further to catch up to and surpass Ethereum. Price point to surpass Ethereum: If Ethereumās market cap is around $250 billion, XRP would need to reach at least this level to surpass Ethereum. To calculate the price needed for XRP to reach $250 billion: 250 ā billion USD Ć· 50 ā billion XRP = 5 ā USD 250 billion USDĆ·50 billion XRP=5USD Therefore, XRP would need to rise to around $5 per XRP to surpass Ethereum's market cap and become the second largest cryptocurrency. $XRP $TAO
šØ **THREE CRITICAL DATES FOR THE CRYPTOCURRENCY WORLD** šš„ 1ļøā£ **January 20, 2025:** Donald Trump is inaugurated as US President! Could this mark the beginning of a golden age for crypto? šļøšŗšø 2ļøā£ **January 21, 2025:** The Federal Reserve announces new interest rates šš. Keep an eye on the potential impact on $BTC and $ETH . 3ļøā£ **January 20-25, 2025:** Rumors suggest the US may reveal Bitcoin as part of its holdings š. Could this trigger the next bull run? Feeling tempted to sell in a red market? š“ Stay calm and hold! Hasty decisions only serve whales š. $ETH $XRP $SOL
Dubai to build worldās first crypto tower by 2027 Dubai has announced plans to build a 17-story Crypto Tower by 2027, with the aim of providing support specifically for the booming blockchain and Web3 industries. The building will offer approximately 46,000 square meters of space for rent, providing a hub for innovation and development in Web3. And itās no secret that the United Arab Emirates (UAE) is fiercely competing with the United States (US) to become the leading blockchain hub. Dubai crypto tower to be supported by blockchain integration According to local reports, the crypto tower will integrate blockchain even for tenant interactions and operations. On-chain voting, shared resources, smart contracts and other automated systems will streamline all processes. This approach is expected to reduce administrative overhead, for example, and set new standards in community management. Nine floors will be dedicated to office space for crypto startups and established companies. Three additional floors will house blockchain incubators, venture capital firms and investment groups. Crypto building to feature dedicated AI space There will also be a floor dedicated exclusively to AI initiatives. Dubaiās new 17-story Crypto Tower, announced by DMCC and REIT Development, will cater to blockchain, DeFi and Web3 businesses. The facility, set to open in 2027, will also house a crypto club and blockchain networking event spaces, Mario Nawfal revealed on X. $XRP $TAO $MKR
HOT CRYPTO NEWS! š„š„š„š„š„š„š„š„š„ 1. Sonyās Soneium blockchain blacklists copyright-infringing memecoins. 2. Sigma Capital launches $100 million fund to accelerate Web3 innovation. 3. Biden signs executive order to accelerate next-generation AI infrastructure buildout. 4. JPMorganās SOL and XRP ETPs could attract nearly $15 billion in net inflows. 5. Big data and AI firm Databricks raises $5 billion in debt financing. 6. A major Ethereum whale address increased its holdings by 4,817 ETH last night, worth $14.92 million. 7. Cryptocurrency bank Sygnum Bank has closed a $58 million funding round. $BNB $SOL $BTC š„°šfollow me
$XRP About today's low, according to chatgpt: Cryptocurrencies are down today, January 13, 2025, due to macroeconomic factors in the United States. Recent labor market data showed 256,000 jobs created in December 2024, beating expectations of 164,000. This economic strength suggests that the Federal Reserve (Fed) may reduce monetary easing policies, keeping interest rates unchanged or raising them. Higher rates tend to discourage investment in risky assets, such as cryptocurrencies, leading investors to seek safer options. ļæ¼ In addition, the number of active addresses on the Bitcoin network fell to approximately 667,100, the lowest level since November 2024, indicating lower investor engagement. This reduction in activity could signal a possible correction in the price of Bitcoin, with estimates of a drop to levels between $70,000 and $80,000. ļæ¼ Bitcoin (BTC) is currently trading at approximately $91,742, down 3.62% in the last 24 hours. Ethereum (ETH) is also down, trading at $3,013.78, down 8.36% in the same period.
In short, the combination of robust economic indicators in the US and decreased activity on the Bitcoin network is putting pressure on the cryptocurrency market, resulting in the declines seen today.$SOL $SOL $BTC š„°šfollow me
The šš WHALES are doing everything they can to melt the coins, causing panic and thus making small and medium investors sell at a bargain price at the end of the fair, so they can buy a lot and profit after January 20th. šØ ATTENTION WHALES, my coins can go down to a penny, and I won't sell a single one šØ THIS TIME YOU WILL LOSE WHALES šš $XRP $SOL $BTC
What is a Bull š Trap? And how is it different from a Bear š» Trap?# A cryptocurrency bull trap šØ happens when traders are tricked into thinking that the price of a cryptocurrency will continue to rise š, but it suddenly reverses and starts falling š. Here's how it works: 1ļøā£ Large players (whales) š or groups of traders push the price up quickly, making it seem like there is a strong uptrend. This can be done through a number of means, such as buying large amounts of cryptocurrency or spreading positive news and rumors. 2ļøā£ This excites other traders, who buy the cryptocurrency, thinking that the price will rise ā¬ļø even further. As more and more traders buy, the price continues to rise, making it seem like the uptrend is real. 3ļøā£ Once enough people buy, the big players sell at a higher price, causing the price to drop again š. This can happen quickly, leaving traders who bought at a higher price with significant losses. In short, a bull trap ātrapsā buyers by tricking them into buying too early, only to see the price drop later. It is a tactic often used to manipulate the market and can be devastating for unsuspecting traders. To avoid falling into a bull trap, it is essential to stay informed, do your own research and not make emotional decisions based on short-term price movements. Always keep a long-term perspective and be wary of sudden and unexpected price increases. Remember, the cryptocurrency market can be unpredictable, and bull traps can happen at any time. Stay alert and protect your investments! š”š Now, let's compare this to a bear trap: - A bear trap tricks traders into selling too early, while a bull trap tricks traders into buying too early. $BNB $SOL $ETH
In 2021, Altseason started after a 19% drop in $BTC... In 2021, Altseason started after a 19% drop in $BTC... if history repeats itself, altcoins will explode in just 9 days In the last cycle, I turned $591 into $235,986 in days... here's a surefire lowcap that will make 1000x now ā Every great Altseason started with a strong $BTC correction and this one will be no exception. ā $BTC drop -> altcoin selloff -> $BTC sideways -> Altseason ā The market always follows this pattern because growth is impossible without eliminating weak hands. ā Many analysts tend to believe that 2025 will be the year of altcoins. ā The new policy of Donald Trump's administration will act as a catalyst for the growth of the crypto market. ā I completely agree with them and 2025 will indeed be historic.
ā As the current weeding out of weak hands continues and all altseason indices are falling, it is the perfect time to buy. ā We are truly on the verge of a time when such low prices for altcoins will not be seen for a long time. ā Recognizing the importance of buying quickly, I analyzed the altcoin market as soon as possible. $XRP $TAO $SOL
Price Action: $TAO /USDT is in a strong uptrend, breaking resistance and moving towards new highs! The market is poised for a more bullish moment! š š„ Trading Plan: Entry Zone: $440.00-$450.00 Buy Price: $447.5 (Consider buying within this range) Sell Price: $480.00 (First Target) / $500.00 (Second Target) š Stop Loss: Set your stop loss below $430.00 to effectively manage risk. š Market Outlook: Bullish! With strong buying pressure and continued momentum, $TAO /USDT looks poised for a continued rally, targeting the next resistance levels. š¬ Like, comment and follow for more market updates! Leave your $TAO /USDT goals in the comments for a review request! š $TAO
Tao cryptocurrency is a decentralized digital currency based on blockchain technology. It is designed to serve creative and innovative communities, especially those involved in software development, art, and other areas of digital collaboration. Its main goal is to promote decentralized collaboration and reward content creators or project contributors.
Key Features
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3. Contribution Rewards: The system is designed to reward users who contribute to the development of projects or to the maintenance of the ecosystem.
4. Associated Platform: In many cases, cryptocurrencies like Tao are integrated with specific platforms that use tokens to vote, manage resources, and foster decentralized governance.
5. Based on DAO (Decentralized Autonomous Organization): Tao may be linked to DAO concepts, where decisions and governance are made by the community through smart contracts.
Use and Potential
Tao can be used in:
Crowdfunding of creative projects.
Secure transactions between creators and consumers.
Decentralized management of resources in collaborative communities.
If you need more detailed information about this currency, I can look for updated information!
Bloody days šØ Let's get to the facts, unfavorable economic data, pessimistic statements and a general feeling of retraction and caution. An opportunity for those who have capital, just like appreciation, the fall is not eternal either, and when it goes up, are you positioned or will you sell everything in despair like the vast majority do?! Even without any certainty that the scenario will reverse, I will maintain my positions. As we all know, the father of this game is $BTC and until it shows us recovery, things will hardly change in altcoins. Stay informed and control your emotions, it's time to keep your head on straight, adjust strategies and if possible increase investments in good projects, because at some point it will go up, and you don't want to be left out. $MKR $TAO $AAVE