📢Ripple CEO Reveals Growing Real Estate Demand for XRP Testing
Ripple CEO Brad Garlinghouse has revealed that there is an increase in demand for XRP as a preferred payment solution within the real estate sector. Ripple is proactively working to boost the asset’s adoption, recognizing its potential in transforming transaction methodologies. This growing interest is not only a testament to the efficacy of blockchain technology in facilitating seamless transactions but also highlights the evolving landscape of property sales and investments.
Ripple’s Payment Network in Real Estate
At the core of Ripple’s offerings is Ripple Payments, which was previously named RippleNet and utilizes advanced blockchain technology to facilitate efficient fund transfers for institutions around the world. Brad Garlinghouse emphasized that businesses are keen to explore how Ripple’s cutting-edge solutions can improve cross-border payments and minimize transaction friction. This need for modernization is particularly relevant today, as existing payment systems often leave users waiting weeks for transactions and facing high fees.
XRP’s permissionless nature and its On-Demand Liquidity (ODL) feature are particularly advantageous for real estate transactions.
Currently, Ripple Payments supports over 55 countries and connects to more than 120 fiat currencies, simplifying the management of international transactions for real estate professionals.
Garlinghouse compares Ripple’s transformative potential to the internet’s evolution, noting its ability to change various sectors, including real estate, fundamentally.
Stellar price plunged in the last three weeks due to a risk-off sentiment brought forth by Fed’s interest decision for 2025. The $XLM price has formed a falling wedge pattern and found support at the 50-day moving average, indicating an eventual comeback as investors buy the dip.
Stellar Price has some bullish fundamentals that could push its price higher in the next few weeks. The first big thing is that Stellar and Ripple are often seen as ‘cousins’ since they target the payment industry. Also, Stellar’s founder, Jed McCaleb, is one of Ripple’s founder.
Therefore, Ripple’s performance could benefit the XLM price as it has previously done. As we wrote earlier, analysts are optimistic that the XRP price will skyrocket by 60% if the SEC approves a spot XRP fund. Another analyst expects the Ripple price to surge to $4 as Binance transactions rise.
Further, Stellar’s network is doing relatively well as the DeFi total value locked stages a slow recovery. DeFi Llama data shows that the Stellar Network had a TVL of over 135 million XLM, higher than last week’s low of 112 XLM.
Therefore, a combination of strong fundamentals and technicals may help the Stellar price rebound in the near term.
Another bullish case is that the XLM price has found support at the 50% Fibonacci Retracement level. This retracement links the lowest and highest levels in 2024.
The memecoin industry began with an internet meme turned digital currency, Dogecoin making its presence felt in 2014. Since then, more than 3,500 memecoins have been listed across various cryptocurrency exchanges and have a combined market capitalization of $90.71 billion.
1. Dogecoin (DOGE) With a market capitalization of ~$46 billion, the Dogecoin price has surged over 250% in 2024, making it a successful year for the largest memecoin by market cap.
2. Shiba Inu (SHIB) Following Dogecoin’s footsteps, the Shiba Inu price has 2xed its investor’s money.
3. Pepe (PEPE) The Pepe price has taken the cryptocurrency market by storm. Notably, this Ethereum-based meme coin has soared over 1,200% in 2024.
4. Dogwifhat (WIF) Launched in November 2023, the Dofwifhat memecoin has completed its first year in the world of cryptocurrencies.
5. Brett (BASED) BRETT Introduced as Pepe’s best friend on Base Chain.
6. Popcat (SOL) POPCAT The best-performing memecoin of the year 2024, the Popcat (SOL) is another Solana-based meme project that features a short-haired domestic cat named “Oatmeal”.
7. Cat in a dogs world (MEW) The first Cat-themed memecoin, the Cat in a Dogs World crypto project is another marvel of the Solana ecosystem.
8. Goatseus Maximus (GOAT) The latest sensation of the Solana chain, the Goatseus Maximus has come under the radar of top investors and institutes with its impressive price surge of 2,598,213% in less than 60 days.
9. Neiro (First Neiro on Ethereum) Following its listing on Binance, the world’s largest cryptocurrency exchange, the First Neiro on Ethereum price gained significant attention from the crypto space.
10. Just a chill guy (CHILLGUY) Another rising star of the Solana chain. Just a Chill Guy took over the memecoin rally by storm since its inception.
Disclaimer: Make sure to do your research before investing in the memecoin category. Only invest the money you can afford to lose.
XRP Price Eyes $4 As Binance Notes ATH Ripple Transactions 🚀💰
Will XRP price hit $4 especially as Ripple’s deposit transactions on Binance hits a record high ❓
The current Ripple price stands at $2.18, with an identified rebuy zone set at $1.9280, signaling an optimal entry point. Expert anticipates the next resistance level and target at $4, suggesting potential upside.
The crypto analyst chart illustrates a potential bounce at the $1.92 level that is a crucial area for buyers. This support level may act as the key level in the price trend with upward pressure expected to push the token to the next level. The current market shifts may well become the basis for a further advance.
♦️Surge in XRP Deposits on Binance Sparks Price Rally
A recent spike in XRP exchange deposits on Binance has been observed, correlating with a significant price increase. According to CryptoQuant The Ripple soared to $2.20 in DEC 2024. The influx of deposits marked one of the highest transaction counts in 2 years, exceeding 2 million transactions during the spike.
This movement suggests heightened trading activity and potential profit-taking by holders. Analysts believe the surge may indicate growing investor confidence in XRP. The event reflects crypto market trends where increased exchange inflows often precede significant price movements.
📈Conclusion
If bullish pressure sees a comeback, the XRP price forecast could soar above the $2.2 resistance level in the coming days, potentially reaching $4.
XRP’s strong activity signals potential for a significant rally amid challenging conditions in the crypto market.
📢Chainlink and XRP holders shift focus to this $0.0013 token with growth prospects of 23,000%.💰💰
What makes this token so appealing, and why is it drawing attention away from established cryptocurrencies.
📍DOGEN Rejoys Big Moment: Trump’s Victory Will Send It to the Moon
DOGEN, the boldest meme coin for alpha males, is gearing up for take-off as Trump’s victory in the recent US election has the entire market euphoric about the prospects of cryptocurrencies, especially meme coins.
📍DOGE Soars 130% in Just One Week!
DOGEN will be the Next Star with 500% Surge Following the US election results, Dogecoin (DOGE) has been on a steady rise: from $0.15 to $0.39 in just one week.
DOGEN follows the same upward trend, starting at $0.0003 and now trading at $0.0013, a staggering 333% leap.
With a total of 13 presale stages, DOGEN is set to rise to $0.0019 by the token generation event (TGE), which represents a 500% increase from its initial price.
📍A Community-Driven Token with Referral Program
The backbone of DOGEN is its strong and engaged community—an energetic group of investors ready to seize the next big opportunity. With nearly $4,000,000 already raised, $DOGEN has proven its appeal among crypto enthusiasts.
Adding to its allure is DOGEN’s unique multi-level referral program, which rewards community participation: 📍7% in USDT from direct referrals 📍2% from second-tier referrals 📍1% from third-tier referrals
SEC Conflicts of Interest Under OIG Scrutiny Meanwhile, Terrett filed a Freedom of Information Act (FOIA) request regarding the Office of Inspector General’s (OIG) investigation into potential crypto-related conflicts of interest within the SEC. Terrett reported that the OIG completed the investigation and issued the findings to management.
The investigation centers around former SEC Director of the Division of Corporate Finance, William (Bill) Hinman, a central figure in the SEC v Ripple case.
During the Ripple case, the SEC made at least six attempts to shield Hinman’s speech-related documents under attorney-client privilege. The court denied the SEC’s requests. The documents revealed that Hinman continued to meet with his former employer, Simpson Thacher, despite SEC ethics division warnings.
OIG Investigation Findings May Extend to Former SEC Chair Jay Clayton
Empower Oversight intensified its scrutiny of the SEC in March. The whistleblower sent a letter to an FOIA Officer, requesting records relating to potential ethics violations. The letter underscored concerns about former SEC Chair Jay Cayton, stating.
The OIG report could reveal the SEC’s alleged attempts to promote ETH at the expense of Ripple and XRP.
After leaving the SEC, Hinman returned to his former employer, Simpson Thacher. In a 2021 lawsuit against the SEC, Empower Oversight alleged Hinman received millions of dollars from Simpson Thacher while working at the agency.
XRP Price Trends: OIG and Appeal in Focus
If the agency withdraws its appeal, XRP could target January 2018’s all-time high of $3.5505. However, XRP could face initial selling pressure if the SEC files its opening brief by January 15, potentially sending the token below $1.50.
EU Exchanges Delist Tether’s USDT In Preparation for MiCA
In anticipation of the EU’s looming Markets in Crypto Assets (MiCA) regulations, European exchanges are delisting Tether (USDT) en masse. This may severely hinder the EU market’s ability to capitalize on the crypto bull market.
Tether Prepares for MiCA
It has been clear for several months now that Tether’s USDT, the largest stablecoin, will not meet MiCA compliance. According to a new report, EU exchanges have until December 30 to delist the asset. However, apprehension is growing in the European crypto community, as Tether’s retreat may have an outsized impact.
Essentially, Tether is a very useful stablecoin for EU crypto business operations and a critical source of liquidity. Although the space has a high level of development and interest, some European financial products are dwarfed by the US-centric bull market.
In general, EU crypto investments have been dropping in 2024 compared to other regional markets, and MiCA might cause them to fall even further.
European investors will have to hope that the chaos surrounding MiCA and the Tether exit will not depress overall investment rates. Crypto is entering a new level of institutional and regional acceptance worldwide, but Europe could still lose out.
Best Crypto to Buy Now: Top Picks for 2024-2025 Growth Potential
This article is tailored to guide you through the ten best cryptocurrencies to buy now for long-term growth, chosen for their potential to thrive across multiple bull markets. From established leaders in DeFi to cutting-edge projects in gaming and beyond, these cryptocurrencies represent a mix of stability and future-forward innovation.
1. Chainlink ($LINK ): Bridging Blockchain and Real-World Data Overview: Chainlink is the leading decentralized oracle network, connecting blockchains with external data sources. It’s a critical tool for DeFi applications, enabling smart contracts to interact with real-world information.
2. Toncoin ($TON ): Telegram’s Blockchain Marvel Overview: Toncoin is a next-generation blockchain platform developed by Telegram’s team, offering high-speed, low-cost transactions designed for mass adoption.
3. Aptos ($APT ): The Blockchain Built for Developers Overview: Aptos is a Layer 1 blockchain focused on developer tools and scalability, making it an attractive option for building secure and efficient applications.
4. Polygon ($MATIC): Scaling Ethereum for the Masses Overview: Polygon is a Layer 2 solution designed to scale Ethereum, reducing transaction fees and improving speed while maintaining security.
5. Render Network ($RNDR): Decentralized GPU Power Overview: Render Network provides a decentralized solution for GPU rendering, connecting creators with idle computing power to streamline 3D rendering and animation.
📢What the Mainnet Launch Means for Pi Network Users
The Pi Network, a decentralized digital currency project that has gained significant attention since its inception in 2019, is now gearing up for its highly anticipated mainnet launch.
What is the Pi Network Mainnet? Pi Network is a digital currency project that aims to make cryptocurrency accessible by allowing users to mine Pi coins (PI) using mobile devices. The mainnet is the live blockchain environment where Pi transactions are recorded and verified. Prior to this, Pi operated on a testnet, which was used for development and internal testing. The mainnet transition marks Pi’s emergence as a fully functional cryptocurrency, with real-world applications for transactions, investments, and decentralized applications (dApps).
🗝️Key Changes for Pi Network Users
♦️The Transition from Testnet to Mainnet Until now, Pi coins were essentially unusable outside of the Pi Network’s closed testnet. Once the mainnet is launched, Pi coins will be tradeable and usable in various decentralized applications.
♦️Increased Credibility and Value One of the most pressing questions surrounding Pi Network is its value.
📢The mainnet launch marks a crucial step in Pi’s journey toward becoming a legitimate, tradeable digital currency.
💲Potential for Pi Wallets and NFTs With the mainnet live, Pi Network users can expect the development of wallets for securely storing Pi coins. Additionally, the potential for Pi to enter the NFT (Non-Fungible Token) market could allow users to mint, buy, and sell digital assets, further integrating Pi into the broader cryptocurrency ecosystem.
💰Conclusion: What Lies Ahead for Pi Network Users? The mainnet launch of Pi Network is a transformative step, offering users the ability to use and trade their mined coins in the real world.
$XRP XRP Lawsuit: US Appeals Court Announces Schedule for Ripple Case
XRP Lawsuit: US Appeals Court reveals dates for opening brief and reply brief by Ripple and Brad Garlinghouse in the long running case
US court of appeals has announced further dates for the XRP lawsuit, as per the notice of appeal filing in the district court. Notably, the opening brief will be filed on March 6 next year, whereas and Ripple Labs, XRP II and CEO Brad Garlinghouse will file their reply to the appellant’s principal brief by April 7, 2025.
Meanwhile, the US Securities and Exchange Commission is preparing to file its principal brief before Chair Gary Gensler steps down as SEC Chair.
US Appeals Court Release Dates for Ripple XRP Lawsuit
The United States Court of Appeals for the Ninth Circuit confirmed receiving notice of appeal and assigned a docket number for the Ripple lawsuit. The appeals court asked parties that any motions seeking relief from this court must be separately filed.
District Court Rule in Favor of Ripple
As earlier reported, lead plaintiff Bradley Sostack appealed against recent judgments in favor of Ripple Labs, XRP II and CEO Brad Garlinghouse.
Judge Phyllis Hamilton granted the motion to amend the order pertaining to judgment and stay in the XRP lawsuit. Both parties submitted a proposed order to the court, agreeing that there was no reason to delay judgment.
Meanwhile, Ripple vs SEC lawsuit in the Second Circuit Appeals Court is in focus. Ripple executives and the crypto community are confident about the dismissal or withdrawal of the lawsuit. However, some have raised concerns about Gary Gensler creating problems as he steps down on January 20, five days after the principal brief deadline.
Crypto Analyst Hint at Altcoins to Watch for 100% Gains in 2025 🚀💰
5 Altcoins to Watch for 100% in Profits by 2025. Here’s a detailed analysis of some altcoins you should keep on your radar: XRP, Minotaurus (MTAUR), Algorand (ALGO), JasmyCoin (JASMY), and Hedera (HBAR)
1. XRP: Altcoin to Watch with a Bullish Outlook Amidst Volatility Over the past day, XRP price has declined by nearly 10% to trade today at $2.32, with a strong market capitalization of $132 billion. Analysts emphasize its potential for considerable growth, bolstered by Ripple’s launch of a native stablecoin RLUSD, designed to enhance its stablecoin range.
Minotaurus2. (MTAUR): A Rising Star in Gaming Minotaurus is making waves with its ongoing presale, targeting the booming casual gaming sector valued at $15 billion.
Given its low entry point, as an early-stage cryptocurrency, and solid market positioning, MTAUR is an altcoin to watch for exponential growth.
3. JasmyCoin ($JASMY ): 700% Growth in Sight? JasmyCoin has caught analysts’ attention with its well-defined Cup-and-Handle pattern, a technical signal often associated with bullish continuations.
4. Algorand ($ALGO ): Altcoin to Wach Paving the Way for 600% Gains in 2025 Despite dropping in price by 7.44% during the market blood bath to trade today at $0.3683, ALGO is predicted to achieve an all-time high of $2.60 by 2025, earning investors over 600% in profits. Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications.
5. Hedera ($HBAR ): Accelerating Adoption Through Partnerships STEPH IS CRYPTO also foresees Hedera coin hitting $0.28811 in 2025, demonstrating a 100% increase from its current value of$0.2875
📢Final Thoughts
Even with the prevailing bearish sentiment, the long-term prospects for these altcoins to watch continue to look optimistic. XRP, MTAUR, JASMY, ALGO, and HBAR are set to excel in 2025, supported by robust fundamentals, technical trends, and strategic plans.
Crypto Chatter About ‘Buying the Dip’ Hits 8-Month High Sentiment 📉
The proportion of social posts about buying the crypto dip has surged to its highest level since April, as Bitcoin $BTC fell below the psychological $100,000 price level, according to recent data.
“With Bitcoin falling as low as $95.5K today, the ratio of crypto discussions that are about buying crypto’s dip has reached its highest level in over 8 months,” crypto analysis firm Santiment said in a X post.
Highest social dominance score in 8 months The social dominance score — mentions of “buying the dip” across social media platforms — hit 0.061 on Dec. 19, as Bitcoin BTC had remained below $100,000 for about 12 hours at the time of publication.
It was the highest social dominance score since April 12, when Bitcoin’s price dropped below the $70,000 mark to just above $67,000, before falling to about $63,000 the following day.
It almost retested this score on Aug. 4, when Bitcoin dropped below $60,000 and slid toward $53,000 within the following 24 hours.
Search interest for crypto remains high Meanwhile, data shows that search interest for the term “crypto” remains high but has dropped since the start of December.
According to Google Trends data from the past 12 months, global searches for “crypto” are at a score of 75 over the past seven days, down 25 points from a score of 100 at the beginning of December.
Meanwhile, global searches for “buy the dip” over the past seven days have reached a score of 38, the highest level since Aug. 10.
🪙Top Three Predictions For 2025: XRP And Cardano Price Next Year 💰
As 2024 is almost coming to an end, the hunt for the next big crypto heats up and investors zero in on projects with game-changing potential. Among the standout contenders are XRP and Cardano (ADA)—each uniquely positioned to deliver significant returns.
🎯All Eyes on $5 and Beyond for Ripple ($XRP XRP)
Despite price fluctuations, Ripple‘s XRP continues to capture attention. After a sharp 9% drop on December 9, attributed to profit-taking and bearish sentiment, XRP has stabilized near key support levels. This correction followed an impressive November rally of 375%, showcasing the token’s potential for rapid growth.
Looking ahead to 2025, XRP’s technical analysis reveals a bullish flag pattern forming on the daily chart, indicating a possible breakout toward $5. The token’s ability to maintain critical levels, including the 23.6% Fibonacci retracement, strengthens the case for its recovery. Additionally, the upcoming appointment of pro-crypto SEC nominee Paul Atkins could create a more favorable regulatory environment, further boosting XRP’s potential to become the next big crypto success story.
Cardano Price Builds Momentum with Strong Support
The Cardano $ADA price staged a remarkable turnaround, with its price recently surging more than 800% within days. After breaking the critical psychological barrier of $1, the Cardano price has consistently found support near this level. Everything points to strong confidence from the market. Whale investors have played a crucial role in this rally, they added over 130 million ADA to their holdings in the past month.
As 2025 approaches swiftly, analysts suggest the Cardano price could test resistance points near $2 and $3. This is because of its growing adoption and market stability. Although a leap to $12 may be a long-term goal.
Kaspa (KAS) vs. TRON (TRX): Which One Will Lead the Bull Run Charge 💰
Investors are focusing on cryptocurrencies that might yield significant gains. Kaspa (KAS) and TRON (TRX) are among the top contenders.
♦️Kaspa ($KAS) Nears Oversold Levels Amid Potential for Price Rebound Kaspa (KAS) is currently trading between $0.14 and $0.18. In the past week, the price has dropped over 20%, showing bearish influence. However, over the past month, it has gained more than 7%. The Relative Strength Index is at 32, close to oversold territory, and the Stochastic indicator is below 10, suggesting a possible bullish reversal.
♦️TRON’s Price Movement Signals Potential Amid Market Fluctuations
TRON ($TRX ) is trading between $0.24 and $0.33. After a dip of over 12% this week, it still boasts a gain of nearly 46% in the past month and over 140% in six months. The nearest resistance level is at $0.37, with support at $0.19. The Relative Strength Index is around 42, suggesting the asset is nearing oversold conditions. The stochastic oscillator is about 14, supporting this view. Trading near its 10-day moving average of $0.28 and just below the 100-day average of $0.29, there’s room for upward movement.
📈Conclusion
In summary, both Kaspa (KAS) and TRON (TRX) present distinct opportunities for investors and traders seeking significant gains. Kaspa stands out with its fast transactions and innovative technology, while TRON offers a solid platform for decentralized applications.
🚀💰7 Best Altcoins To Buy Now – High-growth Cryptos 🚀💰
The cryptocurrency market is on the brink of a transformative phase, with altcoins gearing up for significant growth. Historically, altcoin seasons follow Bitcoin’s peak by 6 to 12 months, fueled by capital rotation after Bitcoin halving events.
You would be thinking about what makes them the best altcoins to buy now and why they would yield higher returns. So, let’s learn the details!
🔺5thScape (5SCAPE): Revolutionizing Virtual Reality and Blockchain Integration 5thScape is a one-of-its-kind virtual reality platform that integrates blockchain technology, creating immersive digital ecosystems
🔺EcoChain (ECO): Blockchain Solutions for Sustainable Technology EcoChain is a trailblazer in combining blockchain technology with environmental sustainability
🔺Cardano (ADA): Scientific Blockchain Innovation Cardano stands out for its methodical and scientific approach to blockchain development.
🔺Turbo ($TURBO ): AI-Powered Meme Coin Revolution Turbo is a novel entry in the crypto world, created entirely using OpenAI’s GPT-4.
🔺Polygon ($MATIC): Blockchain Scalability Pioneer Polygon $POL has established itself as the gold standard for blockchain scalability, offering developers the tools to build efficient, user-friendly decentralized applications.
🔺Solana ($SOL ): High-Performance Blockchain Ecosystem Solana has carved a niche as one of the fastest blockchains, capable of handling thousands of transactions per second.
🔺Chainlink (LINK): Decentralized Oracle Network For dApps Chainlink has established itself as the premier decentralized oracle network, solving a critical infrastructure problem in blockchain technologies.
Shiba Inu: What Is SHIB’s Price If 50% Tokens Are Burned 🔥🔥
Shiba Inu ($SHIB ) is one of the most popular cryptocurrency projects in the market. The asset had an incredible run during the 2021 bull run. SHIB’s price rallied by many million percent from its launch in August 2020 till it hit an all-time high in October 2021.
📈 Why Did Shiba Inu Rally So High In 2021?
One of the most significant catalysts for SHIB’s incredible rally in 2021 was Vitalik Buterin‘s massive token burn. The Ethereum co-founder received half of SHIB’s supply upon launch. Buterin decided to burn 90% of the tokens he received and donate the rest to charity.
Buterin’s actions led to a substantial dip in SHIB’s supply. At the time, the demand for SHIB was also very high. Both developments led to a significant price spike for the dog-themed cryptocurrency. Early investors made millions of dollars in profit with minimal investments.
🔥 What’s The Asset’s Price If 50% Tokens Are Burned?
There are currently about 589 trillion SHIB tokens in circulation. The project will have about 294.5 trillion tokens in circulation if 50% of the tokens are burned.
Let’s consider that SHIB’s market cap remains at $15.87 billion. In this scenario, the price of each token will hit $0.00005388.
Hitting $0.00005388 from current price levels will entail a rally of about 99.8%. The rally may seem significant, but it still falls short of SHIB’s all-time high of $0.00008616.
Shiba Inu’s lead developer, Shytoshi Kusama, also highlighted that burns alone would not push SHIB’s price. Burns have to be coupled with an increase in demand for a substantial price spike.
The SHIB team is reportedly working on a new burn mechanism, which is rumored to destroy trillions of tokens yearly. The new burn mechanism could help propel SHIB’s price to new highs.
Binance, the world’s largest crypto exchange by trading volume metrics, has declared the delisting of three altcoins’ spot trading pairs.
This action, set to take effect on December 25 at 03:00 UTC, reflects Binance’s attempts to enhance market quality.
Binance occasionally reviews the performance of its listed trading pairs, analyzing a variety of factors to determine its listing and delisting actions. It assesses elements such as the team’s commitment to the project, the level and quality of development activity, and the network and smart contract stability.
Against this backdrop, the leading exchange has committed to delisting trading pairs for Kaon’s powering token, AKRO (formerly Akropolis), Bluezelle (BLZ), and WazirX (WRX). Specifically, the exchange will remove and automatically terminate orders for the following trading pairs:
1. AKRO/USDT 2. BLZ/BTC, 3. BLZ/USDT, and 4. WRX/USDT
Further, Binance articulated that the tokens’ valuation will no longer be displayed in users’ wallets after delisting. Deposits of these tokens will not be credited to user accounts 24 hours after the official delisting. Users have only until February 25, 2025, at 03:00 UTC, to withdraw the affected tokens from Binance.
Explore if Pepe Coin price has the momentum to soar higher and hit $1 this bull run. Can PEPE fundamentals help give it the oomph it needs?
PEPE’s performance this year is lacklsuter when comparing to its peers. Therefore, investors believe that Pepe Coin could explode soon. Can it follow cues from Dogecoin and hit $1 this cycle? Let’s explore.
📈Can $PEPE Coin Price Hit $1?
Pepe Coin price was trading at $0.00002362 on Friday, up by almost 2,500% from its lowest level this year. It has also jumped by over 3,000% from its 2023 lows
The coin now needs to jump by about 4.13 million percentage to get to $1. While such a move is likely in the crypto industry, signs are that it will not happen in the ongoing crypto bull run.
A move to $1 would push Pepe’s market cap to over $434 billion, a move that would make it the 21st biggest company in the world.
What is clear, however, is that the price of Pepe has more room to run. On the daily chart, we see that the coin formed a cup and handle pattern between March and November this year. This pattern is made up of a horizontal line and a rounded bottom, and is one of the most bullish signs in the market.
🔥Upcoming Pepe Burn As A Catalyst
Pepe has numerous catalysts. The most important one is that it is one of the most popular meme coins in the crypto industry. It is not uncommon for its daily volume to be more than that of Dogecoin and Shiba Inu.
The other potential catalyst is the upcoming burn, which will reduce the number of coins in circulation. Media reports are that Binance will start a $1 billion Pepe token burn in January 2025, a move that will reduce the number of coins in circulation.
🎯Conclusion
Pepe coin needs to rise by over 4 million percent to get to $1. While this is possible, chances are that it will not happen soon.
🚨$BTTC Token Burning: A Game-Changer for Price & Supply!
💡 What is Token Burning?
Token burning is a powerful strategy in crypto, permanently removing tokens from circulation to reduce supply. Less supply = increased scarcity = potential price surge! 🚀
🔗 What is BitTorrent (BTT)? BitTorrent isn’t just a file-sharing legend—it’s now a blockchain-powered powerhouse! After its 2018 acquisition by the Tron Foundation, BitTorrent evolved into a decentralized ecosystem, fueled by BTT tokens.
🔄 Enter BitTorrent Chain (BTTC): The next-gen cross-chain protocol connecting Tron, Binance Smart Chain, and Ethereum to create seamless interoperability!
🌟 BTTC Token Burning: What It Means for Investors
1️⃣ Supply Shrinks: Every burn reduces circulating tokens, creating scarcity in the market.
2️⃣ Demand Surges: As adoption grows, a reduced supply could drive higher value for BTT.
3️⃣ Ecosystem Growth: A thriving decentralized network with real-world utility makes token burning even more impactful!
📈 Is a Price Breakout Next? With its cutting-edge technology and active community, BitTorrent’s tokenomics + burning mechanism could make $BTTC a crypto to watch!
🪙Can XRP Reach $100, $300, or $500 with a Circulating Supply of 57B Tokens ❓
The crypto market often presents opportunities for investors to transform modest investments into multi-million fortunes overnight. At some point, $XRP facilitated a similar investment growth when it soared from a floor of $0.003 in January 2017 to a peak of $3.31 in January 2018.
This rally marked a 109,899% increase in a year. To put this into perspective, investors who invested $1,000 in XRP at $0.003 essentially procured 333,333 XRP tokens. As the price hit $3.31, the value of these tokens skyrocketed to $1.1 million within a year.
📈XRP’s Historical Performance Fuels Optimism
Due to its historical performance, several new investors who enter the XRP market might expect a similar performance, especially amid prevalent ambitious price targets. Some older holders could also be looking to relive the previous rally.
🎯XRP Market Cap at Varying Price Targets
A rally back to its all-time high of $3.31 would push XRP to a market cap of $189 billion. Further, if it captures the more feasible target of $6, its valuation would reach $342.6 billion, while a more substantial price of $11 would allow XRP to hit a market cap of $628 billion, above Ethereum’s current valuation but still within reasonable levels.
However, the XRP market would require an exponential surge in capital inflow even to attain $100, much less $300 or $500. For context, a $100 price per XRP would translate to a market cap of $5.7 trillion, exceeding the current global crypto market cap of $3.63 trillion by a mile.
❓Can XRP Hit $100, $300 and $500?
These assessments confirm that with the current market conditions, XRP might not be able to claim the $100, $300, and $500 price targets unless there is a drastic change in market dynamics.
However, lower goals like $6 and $11 are readily attainable.