Revenant _007
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$XRP
The possibility of XRP reaching $100 per token depends on several key factors, and while such a price is theoretically possible, it would require significant market and ecosystem developments. Here are the main considerations:
1. Market Capitalization Constraints
Current Market Cap: At $100 per $XRP , with a circulating supply of around 52 billion tokens, the market capitalization would exceed $5 trillion. This would make XRP larger than Bitcoin's current market cap by several multiples, which is highly ambitious given today's cryptocurrency adoption rates
Comparison: For context, the entire crypto market cap is currently around $2.5 trillion. For XRP to hit $100, either the market would need exponential growth, or XRP would need to dominate the crypto space almost entirely.
2. Adoption and Utility:
Global Financial Integration: Ripple's technology is aimed at revolutionizing cross-border payments. If XRP becomes a primary tool for global financial institutions, the increased utility could drive demand and prices.
Adoption Scale: Adoption by banks and institutions worldwide on a massive scale is a prerequisite. Even with significant adoption, a $100 price may still require speculative interest beyond utility value.
3. Expert Opinions:
Most expert predictions for XRP over the next decade range between $10 and $20 under highly optimistic scenarios. A $100 price is viewed as unrealistic without an unprecedented expansion of the cryptocurrency market or revolutionary use cases specific to #XRP.
Conclusion:
While $XRP hitting $100 is not impossible, it would require a combination of explosive market growth, unparalleled adoption, and significant speculative investment. This scenario is highly unlikely in the foreseeable future, but the potential for substantial price increases still exists under optimistic conditions.
The possibility of XRP reaching $100 per token depends on several key factors, and while such a price is theoretically possible, it would require significant market and ecosystem developments. Here are the main considerations:
1. Market Capitalization Constraints
Current Market Cap: At $100 per $XRP , with a circulating supply of around 52 billion tokens, the market capitalization would exceed $5 trillion. This would make XRP larger than Bitcoin's current market cap by several multiples, which is highly ambitious given today's cryptocurrency adoption rates
Comparison: For context, the entire crypto market cap is currently around $2.5 trillion. For XRP to hit $100, either the market would need exponential growth, or XRP would need to dominate the crypto space almost entirely.
2. Adoption and Utility:
Global Financial Integration: Ripple's technology is aimed at revolutionizing cross-border payments. If XRP becomes a primary tool for global financial institutions, the increased utility could drive demand and prices.
Adoption Scale: Adoption by banks and institutions worldwide on a massive scale is a prerequisite. Even with significant adoption, a $100 price may still require speculative interest beyond utility value.
3. Expert Opinions:
Most expert predictions for XRP over the next decade range between $10 and $20 under highly optimistic scenarios. A $100 price is viewed as unrealistic without an unprecedented expansion of the cryptocurrency market or revolutionary use cases specific to #XRP.
Conclusion:
While $XRP hitting $100 is not impossible, it would require a combination of explosive market growth, unparalleled adoption, and significant speculative investment. This scenario is highly unlikely in the foreseeable future, but the potential for substantial price increases still exists under optimistic conditions.
😂 true
Fr 😆
I bought the coin at $242
$SOL I bought solana at 224$SOL what should I do???? it won't stop falling...
Hold, brother, I bought the coin at $242.
Please share your thoughts 🛑
Hold or close??
Hold or close??
When Bitcoin drops, SOL follows, but when Bitcoin rises, SOL doesn't. I don’t think SOL will break out anytime soon.
U.today
--
Solana's Breakout? Henrik Zeberg Makes Latest Call on SOL Price
In a recent analysis, crypto analyst Henrik Zeberg shared his optimistic outlook on Solana (SOL), the fifth-largest cryptocurrency by market capitalization.
According to Zeberg, Solana remains in consolidation after reaching new all-time highs last month. This phase is normal around major market tops as the asset gathers momentum for its next upward move.
Zeberg indicated that this consolidation is a healthy and necessary process for Solana. It allows the cryptocurrency to build the strength needed to push higher. He believes that this period of consolidation is a precursor to Solana continuing its upward trajectory.
card
"Solana is still consolidating after breaking ATHs. This is normal around major tops as it needs to gather force to move higher," Zeberg stated.
#Solana is still consolidating after breaking ATHs.This is normal around major tops as it needs to gather force to move higher. We should soon see #SOL continuing higher towards new ATHs - reaching its final target in a not too distant future.This is my target and the…
— Henrik Zeberg (@HenrikZeberg) December 16, 2024
"We should soon see SOL continuing higher toward new ATHs — reaching its final target in a not-too-distant future," Zeberg added, expressing optimism in Solana's potential to soar higher.
Solana breakout? What analysts and on-chain data suggest
At the time of writing, SOL was up 0.35% in the last 24 hours to $219. Solana's price reached its current all-time high of $263 on Nov. 23 and is currently down nearly 17% from this peak.
In a tweet last week, the cofounders of Glassnode who go by "Negentropic" on X suggested that SOL might be eyeing a breakout. SOL hit the marked zone and rebounded toward $230. "Negentropic" predicts that if the SOL price surpasses $235 on a daily time frame, it could break the price compression and aim for the previous high of $264.
card
Meanwhile, key signals such as the Daily RSI remain neutral, implying that the SOL price might still be far from overbought territory, which is favorable for a move higher. If SOL takes off, Negentropic suggests that JUP and WIF could gain traction.
Glassnode, in a recent tweet, indicated that Solana investors are hodling firm, expecting higher prices. Long-term holders’ share of wealth locked in the network is increasing. The 6-12 month cohort now holds 27% of the supply, showing conviction from 2024 rally buyers.
Meanwhile, the 1-2 year cohort has steadily declined, from 48% in June to just below 5%. These were earlier bull run investors who profited heavily during this year's surge. This implies that, for now, those who wished to sell SOL have likely sold.
According to Zeberg, Solana remains in consolidation after reaching new all-time highs last month. This phase is normal around major market tops as the asset gathers momentum for its next upward move.
Zeberg indicated that this consolidation is a healthy and necessary process for Solana. It allows the cryptocurrency to build the strength needed to push higher. He believes that this period of consolidation is a precursor to Solana continuing its upward trajectory.
card
"Solana is still consolidating after breaking ATHs. This is normal around major tops as it needs to gather force to move higher," Zeberg stated.
#Solana is still consolidating after breaking ATHs.This is normal around major tops as it needs to gather force to move higher. We should soon see #SOL continuing higher towards new ATHs - reaching its final target in a not too distant future.This is my target and the…
— Henrik Zeberg (@HenrikZeberg) December 16, 2024
"We should soon see SOL continuing higher toward new ATHs — reaching its final target in a not-too-distant future," Zeberg added, expressing optimism in Solana's potential to soar higher.
Solana breakout? What analysts and on-chain data suggest
At the time of writing, SOL was up 0.35% in the last 24 hours to $219. Solana's price reached its current all-time high of $263 on Nov. 23 and is currently down nearly 17% from this peak.
In a tweet last week, the cofounders of Glassnode who go by "Negentropic" on X suggested that SOL might be eyeing a breakout. SOL hit the marked zone and rebounded toward $230. "Negentropic" predicts that if the SOL price surpasses $235 on a daily time frame, it could break the price compression and aim for the previous high of $264.
card
Meanwhile, key signals such as the Daily RSI remain neutral, implying that the SOL price might still be far from overbought territory, which is favorable for a move higher. If SOL takes off, Negentropic suggests that JUP and WIF could gain traction.
Glassnode, in a recent tweet, indicated that Solana investors are hodling firm, expecting higher prices. Long-term holders’ share of wealth locked in the network is increasing. The 6-12 month cohort now holds 27% of the supply, showing conviction from 2024 rally buyers.
Meanwhile, the 1-2 year cohort has steadily declined, from 48% in June to just below 5%. These were earlier bull run investors who profited heavily during this year's surge. This implies that, for now, those who wished to sell SOL have likely sold.
Everyone keeps saying Solana is about to break out—blah blah blah. I don't think so, because I'm holding the coin 🥲. Every coin I hold never goes up—it just keeps going down 😭. But the moment I sell, it skyrockets 🚀. The same thing happened with XRP and AVA. I sold all my XRP at $1.40, and an hour later, it shot up to $2.90. I sold my AVA at $0.70, and a few hours later, it unexpectedly hit $3.50. I swear, I'm the unluckiest person in the crypto world.
$XRP $SOL $AVA
$XRP $SOL $AVA
Nope, when I bought a coin, it didn’t go up; it kept going down. Why? 😔 I hold PEPE, but it’s still not going up.
PEPE UP TREND
https://s.binance.com/5bKjfZ0l
See original
wtf 😂
Quoted content has been removed
Yeah, I sold at 1.54 🥲. Now I regret it.
$XRP XRP, are you going to surpass BTC?
gft today
Which coin can give pump like this ? 🤔
Does anyone have any idea which coin will be delisted next on Binance? Feel free to share your thoughts in the comments below.
#News #DelistingNotice #updates #Bitcoin❗
#News #DelistingNotice #updates #Bitcoin❗
$SOL
This chart shows a candlestick pattern. Based on the image:
Trend Analysis: The chart shows a strong upward movement with large bullish candles followed by consolidation with smaller candles.
Pattern: The price appears to be in an uptrend, forming higher highs and higher lows.
Likely Bullish Signal
The large green candle suggests strong buying pressure.
The consolidation near the top (with smaller candles) could be a "flag" or "pennant" formation, which often precedes further bullish moves.
However, further confirmation is required:
Look for a breakout above the consolidation range for bullish continuation.
If the price breaks below the support level of the consolidation, it could turn bearish.
#SOL #JUP
This chart shows a candlestick pattern. Based on the image:
Trend Analysis: The chart shows a strong upward movement with large bullish candles followed by consolidation with smaller candles.
Pattern: The price appears to be in an uptrend, forming higher highs and higher lows.
Likely Bullish Signal
The large green candle suggests strong buying pressure.
The consolidation near the top (with smaller candles) could be a "flag" or "pennant" formation, which often precedes further bullish moves.
However, further confirmation is required:
Look for a breakout above the consolidation range for bullish continuation.
If the price breaks below the support level of the consolidation, it could turn bearish.
#SOL #JUP
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#Write2Earn #Write2Earn #redpack202🎁4 #Giveway
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