Happycoin.club - Blogger Whale Insider believes that the cryptocurrency XRP (XRP) could increase in value by 100 times thanks to meme tokens.
XRP is preparing for a mega pump. Meme coins launched on the XRP blockchain are the new meta. The price will increase by 100-1000 times, said Whale Insider.
In early December, there was a revival in the market for meme tokens created on the XRP Ledger network. For example, the coin ARMY (ARMY) increased in price by 90 times in a week, and its market capitalization reached $90 million, while token 589 gained 160% in price in one day, and its market capitalization rose to $8 million.
Apparently, Whale Insider believes that meme tokens will have a positive impact on XRP similar to that on Solana (SOL), which increased in value by about 10 times amid the wave of excitement around meme-based cryptocurrencies. However, even a forecast of a 100-fold increase in the price of XRP seems too optimistic.
According to the company CryptoQuant, in the last 30 days, crypto whales have transferred over 2.6 billion XRP worth $5.4 billion at the current price to the Binance exchange, most likely for subsequent sale. At the same time, the market for the coin has seen the end of a bullish rally, and its price has crawled down, decreasing by almost 5% to $2.09 over the past week.
Given this, it becomes clear that meme tokens will not save the value of XRP from falling if the wealthy continue to get rid of digital assets.$XRP 
