XRPBurn
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"Sole Method to Burn 40 Billion XRP Held in Escrow Revealed!"
The Chief Technology Officer (CTO) at Ripple recently shared the only effective way the company could burn the over 40 billion XRP it holds in escrow amid persistent community calls.
Read more on: https://thecryptobasic.com/2024/02/20/ripple-cto-shares-only-way-to-burn-40b-xrp-in-escrow/
#XRP: #XRPBurn #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
Read more on: https://thecryptobasic.com/2024/02/20/ripple-cto-shares-only-way-to-burn-40b-xrp-in-escrow/
#XRP: #XRPBurn #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate
💥 $XRP Fair Value Ranges from $9.81 to $513,000, Research Finds
A groundbreaking research paper from Valhill Capital unveils a fascinating revelation about XRP's fair value, challenging the status quo and projecting an eye-opening range of $9.81 to $513,000 based on six robust valuation models.
☑ XRP Price Under Suppression: A Victim of Market Dynamics?
Despite its pivotal role in cross-border settlements and potential to disrupt traditional finance, XRP has faced challenges in keeping up with the crypto market's surges. Currently trading at $0.5759, 82% down from its all-time high, market watchers speculate that XRP's underwhelming performance could be attributed to prolonged price suppression.
Quest for Fair Market Value: A Consolidated Approach!
Valhill Capital consolidates six diverse
valuation models to unravel the fair market value of XRP. These models, including Pipeline Flow, Athey & Mitchnick, 99-Year Golden Eagle, Discounted Cash Flow, Collateralization,
Pipeline Flow Model ($3,541): Envisions a global shift in foreign exchange volume to the XRP Ledger, propelling XRP's price to $3,541.
Athey & Mitchnick Model ($4,813): Predicts XRP capturing 10% of the global cross-border payments market, reaching $4,813 by 2030.99- Year Golden Eagle Model ($13,386): Focuses on XRP as a medium of exchange, projecting a price of $13,386 based on transactional use.
Discounted Cash Flow Model ($18,036): Values XRP as a cash-generating asset, estimating a price of $18,036 based on future cash flows
Collateralization Model ($122,580): Assumes global money tokenization, placing XRP's fair
Discounted Cash Flow Model ($18,036): Values XRP as a cash-generating asset, estimating a price of $18,036 based on future cash flows.
Collateralization Model ($122,580): Assumes global money tokenization, placing XRP's fair market value at $122,580.
Navigate the XRP Landscape: Your Gateway to Unprecedented Opportunities!
For real-time insights and updates, follow The Defidraft!
#XRPBurn #XRPPricePrediction #XRPPriceAnalysis #cryptocurrecny #XRPBurn
A groundbreaking research paper from Valhill Capital unveils a fascinating revelation about XRP's fair value, challenging the status quo and projecting an eye-opening range of $9.81 to $513,000 based on six robust valuation models.
☑ XRP Price Under Suppression: A Victim of Market Dynamics?
Despite its pivotal role in cross-border settlements and potential to disrupt traditional finance, XRP has faced challenges in keeping up with the crypto market's surges. Currently trading at $0.5759, 82% down from its all-time high, market watchers speculate that XRP's underwhelming performance could be attributed to prolonged price suppression.
Quest for Fair Market Value: A Consolidated Approach!
Valhill Capital consolidates six diverse
valuation models to unravel the fair market value of XRP. These models, including Pipeline Flow, Athey & Mitchnick, 99-Year Golden Eagle, Discounted Cash Flow, Collateralization,
Pipeline Flow Model ($3,541): Envisions a global shift in foreign exchange volume to the XRP Ledger, propelling XRP's price to $3,541.
Athey & Mitchnick Model ($4,813): Predicts XRP capturing 10% of the global cross-border payments market, reaching $4,813 by 2030.99- Year Golden Eagle Model ($13,386): Focuses on XRP as a medium of exchange, projecting a price of $13,386 based on transactional use.
Discounted Cash Flow Model ($18,036): Values XRP as a cash-generating asset, estimating a price of $18,036 based on future cash flows
Collateralization Model ($122,580): Assumes global money tokenization, placing XRP's fair
Discounted Cash Flow Model ($18,036): Values XRP as a cash-generating asset, estimating a price of $18,036 based on future cash flows.
Collateralization Model ($122,580): Assumes global money tokenization, placing XRP's fair market value at $122,580.
Navigate the XRP Landscape: Your Gateway to Unprecedented Opportunities!
For real-time insights and updates, follow The Defidraft!
#XRPBurn #XRPPricePrediction #XRPPriceAnalysis #cryptocurrecny #XRPBurn
🚀 XRP Gears Up for Big Impact in Vietnam! 🌏💹
Renowned XRP enthusiast and founder of Dizer Capital, Yassin Mobarak, believes that the fourth-largest altcoin, XRP, is set to play a pivotal role in Vietnam's rapidly evolving payment landscape. 🇻🇳💰 His statement comes in the wake of speculation that the Vietnam Central Bank is exploring the integration of XRP for both domestic and international cross-border payments.
📢 Yassin Mobarak's Bold Prediction: "XRP Will be Big in Vietnam!"
In a recent declaration, Yassin Mobarak expressed his optimism, foreseeing XRP's substantial influence in Vietnam. The crypto community awaits eagerly as the potential integration could mark a significant milestone for XRP's utility in the Asian market.
💬 Yassin Mobarak's tweet: "$XRP will be big in Vietnam. [Link to Tweet]"
🤷♂️ Crypto Enthusiasts Skeptical Despite Developments
Despite the buzz surrounding XRP's potential in Vietnam, some crypto enthusiasts remain skeptical, citing XRP's historical underperformance despite various adoptions. One user commented, "We've been hearing about how big XRP will be for 5 years now. Will still keep hearing about it."
🔄 Market sentiment remains divided as XRP navigates the challenges of perception and adoption.
🌐 XRP's Presence in Vietnam: Building on Past Successes
This recent speculation isn't entirely new, as in September 2023, SBI Remit, a subsidiary of SBI Japan's crypto-focused division, launched a remittance service utilizing XRP in Vietnam, the Philippines, and Indonesia. The collaboration involved Ripple, SBI Ripple Asia, and Ripple's partner Tranglo.
🌟 Strategic Move by SBI Remit: Leveraging XRP for Cross-Border Payments
SBI Remit's move into the Vietnamese market aligns with its strategy to leverage XRP for cross-border payments. The Philippines, Vietnam, and Indonesia, being significant hubs for remittances, make them ideal targets for XRP adoption.
🚀 Stay Tuned for XRP's Evolution! Follow The Blockopedia for Crypto Insights! 📰💡
#XRPBurn #XRPEscrow #XRPPricePrediction #Cryptocurrency #crypto2024
Renowned XRP enthusiast and founder of Dizer Capital, Yassin Mobarak, believes that the fourth-largest altcoin, XRP, is set to play a pivotal role in Vietnam's rapidly evolving payment landscape. 🇻🇳💰 His statement comes in the wake of speculation that the Vietnam Central Bank is exploring the integration of XRP for both domestic and international cross-border payments.
📢 Yassin Mobarak's Bold Prediction: "XRP Will be Big in Vietnam!"
In a recent declaration, Yassin Mobarak expressed his optimism, foreseeing XRP's substantial influence in Vietnam. The crypto community awaits eagerly as the potential integration could mark a significant milestone for XRP's utility in the Asian market.
💬 Yassin Mobarak's tweet: "$XRP will be big in Vietnam. [Link to Tweet]"
🤷♂️ Crypto Enthusiasts Skeptical Despite Developments
Despite the buzz surrounding XRP's potential in Vietnam, some crypto enthusiasts remain skeptical, citing XRP's historical underperformance despite various adoptions. One user commented, "We've been hearing about how big XRP will be for 5 years now. Will still keep hearing about it."
🔄 Market sentiment remains divided as XRP navigates the challenges of perception and adoption.
🌐 XRP's Presence in Vietnam: Building on Past Successes
This recent speculation isn't entirely new, as in September 2023, SBI Remit, a subsidiary of SBI Japan's crypto-focused division, launched a remittance service utilizing XRP in Vietnam, the Philippines, and Indonesia. The collaboration involved Ripple, SBI Ripple Asia, and Ripple's partner Tranglo.
🌟 Strategic Move by SBI Remit: Leveraging XRP for Cross-Border Payments
SBI Remit's move into the Vietnamese market aligns with its strategy to leverage XRP for cross-border payments. The Philippines, Vietnam, and Indonesia, being significant hubs for remittances, make them ideal targets for XRP adoption.
🚀 Stay Tuned for XRP's Evolution! Follow The Blockopedia for Crypto Insights! 📰💡
#XRPBurn #XRPEscrow #XRPPricePrediction #Cryptocurrency #crypto2024
🔥 XRP Ledger (XRPL) has burned over 12 million XRP (worth $7.2 million) in cumulative volume, as reported by XrpScan. The burn rate, at 0.00001 XRP per transaction, has seen recent increases, with a current supply of 54,210,437,480 XRP. 💥🔥 #XRPBurn 📊🚀
Forget XRP: This Crypto Could Be Unstoppable in 2024
Solana has surpassed XRP to become the fifth-most valuable cryptocurrency, with strong growth in 2023. XRP is currently embroiled in litigation with the SEC, hindering its progress. Solana is being hailed as the new Ethereum, offering faster and more cost-efficient technology. It also has a mobile crypto strategy, including a mobile phone and payment protocol, unlike XRP. While XRP may experience short-term price surges due to legal developments, Solana is seen as a superior long-term investment. Investors are advised to consider other stocks recommended by The Motley Fool for potential returns.#Solana-SOL #XRPBurn $SOL $SOL
Solana has surpassed XRP to become the fifth-most valuable cryptocurrency, with strong growth in 2023. XRP is currently embroiled in litigation with the SEC, hindering its progress. Solana is being hailed as the new Ethereum, offering faster and more cost-efficient technology. It also has a mobile crypto strategy, including a mobile phone and payment protocol, unlike XRP. While XRP may experience short-term price surges due to legal developments, Solana is seen as a superior long-term investment. Investors are advised to consider other stocks recommended by The Motley Fool for potential returns.#Solana-SOL #XRPBurn $SOL $SOL
🔻 #XRP Could Dip to $0.39 if Market Trends Persist, Analysts Warn ⚠️
XRP faces potential dip to $0.39 if bearish trends persist, while long-term optimism remains strong with 42.09% growth in the past year.#TrendingTopic #XRPBurn #XRX/USDT #XRPScamAlert
XRP faces potential dip to $0.39 if bearish trends persist, while long-term optimism remains strong with 42.09% growth in the past year.#TrendingTopic #XRPBurn #XRX/USDT #XRPScamAlert
🔥 XRP Burn Milestone: Over $6.8 Million Tokens Incinerated! 🚀💸
The XRP community is on fire, intensifying efforts to burn tokens and slash the circulating supply of this digital asset. The recent surge in burns has propelled the total number of incinerated tokens to a record-breaking 12 million, surpassing all previous milestones.
🔥 Key Burn Highlights:
📈 12 Million XRP Burned: As per XRPScan data, the community has collectively torched over 12 million XRP tokens. At current market prices, this translates to a staggering $6.8 million sent to the burn address.
🔥 A Fraction of the Max Supply: Despite the significant burn figure, it represents a small fraction of the maximum supply. With a max supply of 100 billion XRP, the burnt tokens account for only 0.012% of the total supply.
💪 Commitment to Value Increase: While the percentage may seem modest compared to other tokens, the burn rate reflects a commitment among investors to boost the digital asset's value. A strategic move to make XRP scarcer in the market.
📊 Insights into Investor Behavior:
The burn rate sheds light on how blockchain enthusiasts are operating. Although not the primary focus for the average XRP investor, the reduction in total supply signals a dedication to enhancing the digital asset's intrinsic value.
🚀 XRP Ledger Milestone: 5 Million Active Accounts! 📈
The burn milestone isn't the only achievement for XRP in 2024. The XRP Ledger has kicked off the year with a bang, crossing the coveted 5 million total active accounts. The current count stands at 5,007,658, showcasing a steady rise and renewed interest in this dynamic asset.
🔍 Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! 🌐💡
For the latest updates on XRP burns, market trends, and blockchain achievements, follow The Blockopedia. Don't miss out on crucial analyses and potential opportunities! 🚀📰
🌐 For more crypto news and insights, follow The Blockopedia!
#XRPBurn #XRPPriceTarget #XRPPricePrediction #cryptocurrency #crypto2024SpaceCatch
The XRP community is on fire, intensifying efforts to burn tokens and slash the circulating supply of this digital asset. The recent surge in burns has propelled the total number of incinerated tokens to a record-breaking 12 million, surpassing all previous milestones.
🔥 Key Burn Highlights:
📈 12 Million XRP Burned: As per XRPScan data, the community has collectively torched over 12 million XRP tokens. At current market prices, this translates to a staggering $6.8 million sent to the burn address.
🔥 A Fraction of the Max Supply: Despite the significant burn figure, it represents a small fraction of the maximum supply. With a max supply of 100 billion XRP, the burnt tokens account for only 0.012% of the total supply.
💪 Commitment to Value Increase: While the percentage may seem modest compared to other tokens, the burn rate reflects a commitment among investors to boost the digital asset's value. A strategic move to make XRP scarcer in the market.
📊 Insights into Investor Behavior:
The burn rate sheds light on how blockchain enthusiasts are operating. Although not the primary focus for the average XRP investor, the reduction in total supply signals a dedication to enhancing the digital asset's intrinsic value.
🚀 XRP Ledger Milestone: 5 Million Active Accounts! 📈
The burn milestone isn't the only achievement for XRP in 2024. The XRP Ledger has kicked off the year with a bang, crossing the coveted 5 million total active accounts. The current count stands at 5,007,658, showcasing a steady rise and renewed interest in this dynamic asset.
🔍 Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! 🌐💡
For the latest updates on XRP burns, market trends, and blockchain achievements, follow The Blockopedia. Don't miss out on crucial analyses and potential opportunities! 🚀📰
🌐 For more crypto news and insights, follow The Blockopedia!
#XRPBurn #XRPPriceTarget #XRPPricePrediction #cryptocurrency #crypto2024SpaceCatch
Price of XRP todayThe live price of XRP is $ 0.547935 per (XRP / USD) with a current market cap of $ 29.77B USD. 24-hour trading volume is $ 875.44M USD. XRP to USD price is updated in real-time. XRP is +4.13% in the last 24 hours with a circulating supply of 54.34B.
#XRPBurn
#XRPBurn
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News Update: US Banks Embrace Ripple's XRP for Global Transactions
• Ben Armstrong provides insights on the potential adoption of Ripple's XRP by US banks.
• Ripple CEO Brad Garlinghouse suggests broader integration of XRP following the token's significant legal victory over the SEC.
• With legal clarity for XRP and substantial enhancements, Ripple is advancing toward realizing its goals.
Ripple CEO Brad Garlinghouse recently suggested the potential adoption of XRP by banks in the United States. In a recent video, blockchain industry influencer Ben Armstrong stated that the adoption of XRP by US banks is positioned as "the linchpin to XRP's triumph."
Ripple has faced a challenging period for over two years since the Securities and Exchange Commission (SEC) filed a lawsuit against the platform in 2020. The SEC accused Ripple and its executives of allegedly raising "over $1.3 billion through an unregistered, ongoing digital asset securities offering."
Despite Ripple's vision for global expansion and widespread adoption of XRP, legal obstacles presented a significant impediment. However, in 2023, Judge Analisa Torres' pivotal ruling classifying XRP as a non-security provided it with "legal clarity," distinguishing it as the sole token with such status. According to Ben Armstrong, Ripple's legal victory against the SEC indicates progress toward realizing Ripple's vision.$XRP $BNB $BTC #BTC #XRPBurn #WTFsec
• Ben Armstrong provides insights on the potential adoption of Ripple's XRP by US banks.
• Ripple CEO Brad Garlinghouse suggests broader integration of XRP following the token's significant legal victory over the SEC.
• With legal clarity for XRP and substantial enhancements, Ripple is advancing toward realizing its goals.
Ripple CEO Brad Garlinghouse recently suggested the potential adoption of XRP by banks in the United States. In a recent video, blockchain industry influencer Ben Armstrong stated that the adoption of XRP by US banks is positioned as "the linchpin to XRP's triumph."
Ripple has faced a challenging period for over two years since the Securities and Exchange Commission (SEC) filed a lawsuit against the platform in 2020. The SEC accused Ripple and its executives of allegedly raising "over $1.3 billion through an unregistered, ongoing digital asset securities offering."
Despite Ripple's vision for global expansion and widespread adoption of XRP, legal obstacles presented a significant impediment. However, in 2023, Judge Analisa Torres' pivotal ruling classifying XRP as a non-security provided it with "legal clarity," distinguishing it as the sole token with such status. According to Ben Armstrong, Ripple's legal victory against the SEC indicates progress toward realizing Ripple's vision.$XRP $BNB $BTC #BTC #XRPBurn #WTFsec
🚀 XRP Soars with a 244% Inflow Surge Amid ETF Buzz! 🌐💹
Attention, Ripple enthusiasts! Brace yourselves as XRP takes the crypto investment realm by storm, witnessing an astounding 244% surge in fund inflows. 📈
💸 According to CoinShares data, a remarkable $2.2 million floods into XRP-related products, a substantial leap from the prior week's $900,000. This meteoric rise aligns seamlessly with growing speculations that XRP might be the next cryptocurrency in line to secure an ETF, following Bitcoin's lead.
🔍 Insights Unveiled:
Larry Fink's Intriguing Remark Sparks Speculation:
BlackRock CEO Larry Fink adds fuel to the fire with a cryptic response during a recent FBN interview. When probed about the possibility of XRP ETFs, Fink's enigmatic reply, "I can't talk about that!" raises eyebrows and sparks market speculations.
XRP Trails Only Behind Cardano (ADA):
XRP's surge in fund inflows solidifies its position as the second-best performer among altcoins in 2024, with only Cardano (ADA) ahead.
Bullish Sentiments and ETF Anticipation:
XRP ETPs amass an impressive $3.1 million in inflows, showcasing its popularity. On-chain analytics from Santiment highlight a notable bullish shift towards both XRP and Bitcoin. The optimism post-Bitcoin ETF approval sets the stage for potential ETF excitement around other cryptocurrencies, notably XRP and Ethereum.
🔥 XRP in the Spotlight: Legal Clarity and Unfolding Narratives!
XRP's explosive fund inflows, coupled with heightened ETF speculation, thrust it into the limelight. The emerging legal clarity, ongoing Ripple case developments, and Larry Fink's mysterious remarks add layers to the narrative, captivating crypto enthusiasts and traditional investors alike.
💬 Join the Conversation: What are your thoughts on XRP's surge and ETF prospects? Share your insights! 💬
🚀🌐 Don't Miss Out, Stay Engaged: Like, share, and follow @TokenMaestro for the latest in crypto!
#XRPInsights #CryptoBuzz #XRPETF #XRP #XRPBurn $XRP
Attention, Ripple enthusiasts! Brace yourselves as XRP takes the crypto investment realm by storm, witnessing an astounding 244% surge in fund inflows. 📈
💸 According to CoinShares data, a remarkable $2.2 million floods into XRP-related products, a substantial leap from the prior week's $900,000. This meteoric rise aligns seamlessly with growing speculations that XRP might be the next cryptocurrency in line to secure an ETF, following Bitcoin's lead.
🔍 Insights Unveiled:
Larry Fink's Intriguing Remark Sparks Speculation:
BlackRock CEO Larry Fink adds fuel to the fire with a cryptic response during a recent FBN interview. When probed about the possibility of XRP ETFs, Fink's enigmatic reply, "I can't talk about that!" raises eyebrows and sparks market speculations.
XRP Trails Only Behind Cardano (ADA):
XRP's surge in fund inflows solidifies its position as the second-best performer among altcoins in 2024, with only Cardano (ADA) ahead.
Bullish Sentiments and ETF Anticipation:
XRP ETPs amass an impressive $3.1 million in inflows, showcasing its popularity. On-chain analytics from Santiment highlight a notable bullish shift towards both XRP and Bitcoin. The optimism post-Bitcoin ETF approval sets the stage for potential ETF excitement around other cryptocurrencies, notably XRP and Ethereum.
🔥 XRP in the Spotlight: Legal Clarity and Unfolding Narratives!
XRP's explosive fund inflows, coupled with heightened ETF speculation, thrust it into the limelight. The emerging legal clarity, ongoing Ripple case developments, and Larry Fink's mysterious remarks add layers to the narrative, captivating crypto enthusiasts and traditional investors alike.
💬 Join the Conversation: What are your thoughts on XRP's surge and ETF prospects? Share your insights! 💬
🚀🌐 Don't Miss Out, Stay Engaged: Like, share, and follow @TokenMaestro for the latest in crypto!
#XRPInsights #CryptoBuzz #XRPETF #XRP #XRPBurn $XRP
XRP, the cryptocurrency ranked sixth by market capitalization, significantly lagged behind other major assets in the final quarter of 2023, posting a modest 17% gain.
For instance, Bitcoin (BTC) and Solana (SOL) saw increases of 73% and 383% respectively, leading some XRP holders to question whether it might be time to shift to other assets with greater potential.
Despite this discussion, well-known crypto analyst EGRAG is urging XRP holders to be patient. In a recent technical analysis, the analyst explored the possibility of a GRB (Gamma-Ray Burst) occurring for XRP.
This renowned indicator represents "energetic events" that emit large amounts of gamma-ray radiation, propelling prices to unprecedented levels.
EGRAG pointed out that XRP experienced a similar event during the 2017 bull market, when its price surged from $0.0030 to $3.31 between January 2017 and 2018.
He anticipates that XRP will undergo a comparable outcome in the upcoming bull run, potentially reaching targets such as $11, $33, and even $220. A surge to $11 would signify a 1,500% increase for XRP.
EGRAG also highlights the recent bullish crossover of the 12 and 24 SMA for XRP as a factor supporting the feasibility of these targets.
Furthermore, the prominent analyst previously observed how XRP's price increased by 20 times in the last cycle despite the regulatory challenges the project encountered.$XRP $BTC $ETH #XRPBurn #BTC
For instance, Bitcoin (BTC) and Solana (SOL) saw increases of 73% and 383% respectively, leading some XRP holders to question whether it might be time to shift to other assets with greater potential.
Despite this discussion, well-known crypto analyst EGRAG is urging XRP holders to be patient. In a recent technical analysis, the analyst explored the possibility of a GRB (Gamma-Ray Burst) occurring for XRP.
This renowned indicator represents "energetic events" that emit large amounts of gamma-ray radiation, propelling prices to unprecedented levels.
EGRAG pointed out that XRP experienced a similar event during the 2017 bull market, when its price surged from $0.0030 to $3.31 between January 2017 and 2018.
He anticipates that XRP will undergo a comparable outcome in the upcoming bull run, potentially reaching targets such as $11, $33, and even $220. A surge to $11 would signify a 1,500% increase for XRP.
EGRAG also highlights the recent bullish crossover of the 12 and 24 SMA for XRP as a factor supporting the feasibility of these targets.
Furthermore, the prominent analyst previously observed how XRP's price increased by 20 times in the last cycle despite the regulatory challenges the project encountered.$XRP $BTC $ETH #XRPBurn #BTC
XRP ADVOCATES CLASH WITH SEC OVER CRYPTO REGULATION INTEGRITY
XRP advocate John Deaton, known for his outspoken criticism of the U.S. Securities and Exchange Commission (SEC), has once again voiced his dissatisfaction with the regulatory body’s stance on cryptocurrency.
In a recent development, Deaton accused the SEC of lacking integrity rather than intelligence in its approach to digital asset regulation.
This comes in response to comments made by Stuart Alderoty, Chief Legal Officer at Ripple, who criticized the SEC’s legal arguments, referring to the historic Howey case.
#XRPBurn
XRP advocate John Deaton, known for his outspoken criticism of the U.S. Securities and Exchange Commission (SEC), has once again voiced his dissatisfaction with the regulatory body’s stance on cryptocurrency.
In a recent development, Deaton accused the SEC of lacking integrity rather than intelligence in its approach to digital asset regulation.
This comes in response to comments made by Stuart Alderoty, Chief Legal Officer at Ripple, who criticized the SEC’s legal arguments, referring to the historic Howey case.
#XRPBurn
🚀XRP Fair Value Ranges from $9.81 to $513,000, Research Finds 🌐💹
A groundbreaking research paper from Valhill Capital unveils a fascinating revelation about XRP's fair value, challenging the status quo and projecting an eye-opening range of $9.81 to $513,000 based on six robust valuation models. 📊💡
📉 XRP Price Under Suppression: A Victim of Market Dynamics?
Despite its pivotal role in cross-border settlements and potential to disrupt traditional finance, XRP has faced challenges in keeping up with the crypto market's surges. Currently trading at $0.5759, 82% down from its all-time high, market watchers speculate that XRP's underwhelming performance could be attributed to prolonged price suppression.
🧐 Quest for Fair Market Value: A Consolidated Approach!
Valhill Capital consolidates six diverse valuation models to unravel the fair market value of XRP. These models, including Pipeline Flow, Athey & Mitchnick, 99-Year Golden Eagle, Discounted Cash Flow, Collateralization, and Quantum Liquidity, present intriguing insights into XRP's potential.
💰 Diverse Valuation Models: XRP's Fair Value Range Unveiled!
Pipeline Flow Model ($3,541): Envisions a global shift in foreign exchange volume to the XRP Ledger, propelling XRP's price to $3,541.
Athey & Mitchnick Model ($4,813): Predicts XRP capturing 10% of the global cross-border payments market, reaching $4,813 by 2030.99-Year Golden Eagle Model ($13,386): Focuses on XRP as a medium of exchange, projecting a price of $13,386 based on transactional use.
Discounted Cash Flow Model ($18,036): Values XRP as a cash-generating asset, estimating a price of $18,036 based on future cash flows.
Collateralization Model ($122,580): Assumes global money tokenization, placing XRP's fair market value at $122,580.
🚀 Navigate the XRP Landscape: Your Gateway to Unprecedented Opportunities! 💼🌐
🌐 For real-time insights and updates, follow The Blockopedia!
#XRPBurn #XRPPricePrediction #XRPPriceTarget #Cryptocurrency #crypto2024
A groundbreaking research paper from Valhill Capital unveils a fascinating revelation about XRP's fair value, challenging the status quo and projecting an eye-opening range of $9.81 to $513,000 based on six robust valuation models. 📊💡
📉 XRP Price Under Suppression: A Victim of Market Dynamics?
Despite its pivotal role in cross-border settlements and potential to disrupt traditional finance, XRP has faced challenges in keeping up with the crypto market's surges. Currently trading at $0.5759, 82% down from its all-time high, market watchers speculate that XRP's underwhelming performance could be attributed to prolonged price suppression.
🧐 Quest for Fair Market Value: A Consolidated Approach!
Valhill Capital consolidates six diverse valuation models to unravel the fair market value of XRP. These models, including Pipeline Flow, Athey & Mitchnick, 99-Year Golden Eagle, Discounted Cash Flow, Collateralization, and Quantum Liquidity, present intriguing insights into XRP's potential.
💰 Diverse Valuation Models: XRP's Fair Value Range Unveiled!
Pipeline Flow Model ($3,541): Envisions a global shift in foreign exchange volume to the XRP Ledger, propelling XRP's price to $3,541.
Athey & Mitchnick Model ($4,813): Predicts XRP capturing 10% of the global cross-border payments market, reaching $4,813 by 2030.99-Year Golden Eagle Model ($13,386): Focuses on XRP as a medium of exchange, projecting a price of $13,386 based on transactional use.
Discounted Cash Flow Model ($18,036): Values XRP as a cash-generating asset, estimating a price of $18,036 based on future cash flows.
Collateralization Model ($122,580): Assumes global money tokenization, placing XRP's fair market value at $122,580.
🚀 Navigate the XRP Landscape: Your Gateway to Unprecedented Opportunities! 💼🌐
🌐 For real-time insights and updates, follow The Blockopedia!
#XRPBurn #XRPPricePrediction #XRPPriceTarget #Cryptocurrency #crypto2024
🚀 XRP Targets $11, $33 and $220 With Gamma-Ray Burst🌌💹
Hold onto your seats, crypto enthusiasts! EGRAG, a seasoned market analyst, has unleashed a bullish forecast for XRP that could send shockwaves through the crypto sphere. 📈✨ Let's unravel the cosmic analysis and potential targets for XRP's stratospheric journey.
📊 Gamma-Ray Burst and XRP's Galactic Surge!
EGRAG, the chartist extraordinaire, unveils an astronomical prediction for XRP's price trajectory. Drawing a parallel to the energy unleashed in a gamma-ray burst (GRB), EGRAG suggests that XRP's impending price explosion might match the intensity of this celestial phenomenon. Buckle up for a ride through the cosmos as XRP gears up for a seismic shift!
💥 Gamma-Ray Burst Explained: A highly energetic explosion releasing a colossal amount of gamma-ray radiation. EGRAG likens this to the potential unleashed in XRP's future surge.
🚀 2017 Redux: XRP Aims to Recreate History!
Drawing inspiration from the 2017 rally, EGRAG believes XRP could stage a comeback reminiscent of its historical performance. Despite underperforming in the early stages of the current market phase, XRP is gearing up for a spectacular rally, mirroring the 110,466% surge from $0.0030 to an all-time high of $3.31 in January 2018.
🌐 Potential XRP Price Targets: A Cosmic Odyssey!
EGRAG doesn't hold back in setting ambitious Fibonacci targets for XRP, foreseeing a trajectory that includes:
$1.20: Reclaiming the $1 territory.$2.2 and $5.8: Paving the way for new milestones.$11, $33, and $220: Sky-high goals that could redefine XRP's all-time high.
🔮 EGRAG's Insight: While concerns about XRP's underperformance loom, the analyst sees parallels with 2017, hinting at an imminent cosmic rally.
💡 Don't Miss the Crypto Odyssey: Strap in for XRP's Galactic Journey! 🚀🌌
🌐 For more astronomical crypto insights, follow The Blockopedia!
#XRPBurn #XRPEscrow #XRPPricePrediction #cryptocurrency #crypto2024
Hold onto your seats, crypto enthusiasts! EGRAG, a seasoned market analyst, has unleashed a bullish forecast for XRP that could send shockwaves through the crypto sphere. 📈✨ Let's unravel the cosmic analysis and potential targets for XRP's stratospheric journey.
📊 Gamma-Ray Burst and XRP's Galactic Surge!
EGRAG, the chartist extraordinaire, unveils an astronomical prediction for XRP's price trajectory. Drawing a parallel to the energy unleashed in a gamma-ray burst (GRB), EGRAG suggests that XRP's impending price explosion might match the intensity of this celestial phenomenon. Buckle up for a ride through the cosmos as XRP gears up for a seismic shift!
💥 Gamma-Ray Burst Explained: A highly energetic explosion releasing a colossal amount of gamma-ray radiation. EGRAG likens this to the potential unleashed in XRP's future surge.
🚀 2017 Redux: XRP Aims to Recreate History!
Drawing inspiration from the 2017 rally, EGRAG believes XRP could stage a comeback reminiscent of its historical performance. Despite underperforming in the early stages of the current market phase, XRP is gearing up for a spectacular rally, mirroring the 110,466% surge from $0.0030 to an all-time high of $3.31 in January 2018.
🌐 Potential XRP Price Targets: A Cosmic Odyssey!
EGRAG doesn't hold back in setting ambitious Fibonacci targets for XRP, foreseeing a trajectory that includes:
$1.20: Reclaiming the $1 territory.$2.2 and $5.8: Paving the way for new milestones.$11, $33, and $220: Sky-high goals that could redefine XRP's all-time high.
🔮 EGRAG's Insight: While concerns about XRP's underperformance loom, the analyst sees parallels with 2017, hinting at an imminent cosmic rally.
💡 Don't Miss the Crypto Odyssey: Strap in for XRP's Galactic Journey! 🚀🌌
🌐 For more astronomical crypto insights, follow The Blockopedia!
#XRPBurn #XRPEscrow #XRPPricePrediction #cryptocurrency #crypto2024
🚀 XRP Bulls, Brace Yourselves! Analyst Predicts 500% Surge to $2.8 After Retracement! 📈💹
Despite recent challenges, XRP enthusiasts have reason to be excited! 🎉 Prominent crypto analyst EGRAG CRYPTO (@egragcrypto) remains undeterred, forecasting a jaw-dropping 500% price jump for XRP, soaring to $2.8 once the ongoing retracement concludes.
Analyzing the XRP Landscape: Unfazed Optimism Amidst Retracement
Despite XRP trading below $0.6, EGRAG CRYPTO's bullish outlook stands strong. With a historical trend and technical analysis as the foundation, the analyst paints a compelling picture for XRP bulls. 📊🐃
History Repeats Itself: A Familiar Support Line
In a fascinating turn of events, XRP revisits a crucial support level at $0.5650 marked by a rising trendline. This historical trendline has proven reliable, acting as support during dips in December 2020, June 2022, and January 2023. Now, EGRAG CRYPTO sees this as a pivotal moment, mirroring past patterns that preceded monumental rallies.
💡 Analyst's Insight: History Could Repeat for XRP
Drawing parallels to the 2014-2017 period, where four retests of the support line preceded a significant rally, EGRAG CRYPTO predicts that the current retest signifies the end of the correction and the commencement of a new bull run for XRP.
Bold Prediction: XRP Targets $2.8 with a 500% Surge!
This time, EGRAG CRYPTO isn't just foreseeing a small jump. Brace yourselves for a staggering 500% surge, catapulting XRP to $2.8! 🚀🚀
📅 Stay Updated, Stay Informed! Follow The Blockopedia for Real-time Crypto Insights!
#XRPPricePrediction #XRPPriceAnalysis #XRPBurn #cryptocurrency #crypto2024
Despite recent challenges, XRP enthusiasts have reason to be excited! 🎉 Prominent crypto analyst EGRAG CRYPTO (@egragcrypto) remains undeterred, forecasting a jaw-dropping 500% price jump for XRP, soaring to $2.8 once the ongoing retracement concludes.
Analyzing the XRP Landscape: Unfazed Optimism Amidst Retracement
Despite XRP trading below $0.6, EGRAG CRYPTO's bullish outlook stands strong. With a historical trend and technical analysis as the foundation, the analyst paints a compelling picture for XRP bulls. 📊🐃
History Repeats Itself: A Familiar Support Line
In a fascinating turn of events, XRP revisits a crucial support level at $0.5650 marked by a rising trendline. This historical trendline has proven reliable, acting as support during dips in December 2020, June 2022, and January 2023. Now, EGRAG CRYPTO sees this as a pivotal moment, mirroring past patterns that preceded monumental rallies.
💡 Analyst's Insight: History Could Repeat for XRP
Drawing parallels to the 2014-2017 period, where four retests of the support line preceded a significant rally, EGRAG CRYPTO predicts that the current retest signifies the end of the correction and the commencement of a new bull run for XRP.
Bold Prediction: XRP Targets $2.8 with a 500% Surge!
This time, EGRAG CRYPTO isn't just foreseeing a small jump. Brace yourselves for a staggering 500% surge, catapulting XRP to $2.8! 🚀🚀
📅 Stay Updated, Stay Informed! Follow The Blockopedia for Real-time Crypto Insights!
#XRPPricePrediction #XRPPriceAnalysis #XRPBurn #cryptocurrency #crypto2024
📉 XRP Market Update and Whale Movements🌊💹
After recent price movements, XRP finds itself in a stagnant phase, with noteworthy whale transactions during the price drop raising concerns among investors. 📉💰 Let's delve into the current status of XRP and explore the impact of recent whale movements.
1. Current XRP Status: Stagnation and Whale Transactions
Following recent price fluctuations, XRP is experiencing a period of stagnation. The actions of XRP whales during this time have become a focal point of attention. Notably, a substantial amount of XRP, approximately $15 million worth, was transferred to Bitstamp by an XRP whale, triggering speculation about its potential impact on the XRP price.
2. Whale Movements: A Series of Transactions to Exchanges
This recent transaction isn't an isolated incident. Over the past week, whales have orchestrated multiple transfers of millions of XRP tokens to various exchanges. Sunday evening saw rumors of a significant transfer to Bitfinex, later clarified as an 'attack' but attributed to an error in reading the Ripple node response by Whale Alert.
3. Today's XRP Price: Fluctuations and Recent Developments
Last week, XRP reached the $0.60 price level, but stability proved elusive. The news of the attack and subsequent market reactions led to a reversal, with the current XRP price standing at $0.57515, reflecting a 1.01% decrease.
📈 Chart Analysis: XRP's short-lived surge and subsequent dip, influenced by recent events in the market.
🔍 Stay Informed, Stay Cautious: Navigating the XRP Landscape! 🌊🔒
#XRPPricePrediction #XRPPriceAnalysis #XRPBurn #cryptocurrency #crypto2024SpaceCatch
After recent price movements, XRP finds itself in a stagnant phase, with noteworthy whale transactions during the price drop raising concerns among investors. 📉💰 Let's delve into the current status of XRP and explore the impact of recent whale movements.
1. Current XRP Status: Stagnation and Whale Transactions
Following recent price fluctuations, XRP is experiencing a period of stagnation. The actions of XRP whales during this time have become a focal point of attention. Notably, a substantial amount of XRP, approximately $15 million worth, was transferred to Bitstamp by an XRP whale, triggering speculation about its potential impact on the XRP price.
2. Whale Movements: A Series of Transactions to Exchanges
This recent transaction isn't an isolated incident. Over the past week, whales have orchestrated multiple transfers of millions of XRP tokens to various exchanges. Sunday evening saw rumors of a significant transfer to Bitfinex, later clarified as an 'attack' but attributed to an error in reading the Ripple node response by Whale Alert.
3. Today's XRP Price: Fluctuations and Recent Developments
Last week, XRP reached the $0.60 price level, but stability proved elusive. The news of the attack and subsequent market reactions led to a reversal, with the current XRP price standing at $0.57515, reflecting a 1.01% decrease.
📈 Chart Analysis: XRP's short-lived surge and subsequent dip, influenced by recent events in the market.
🔍 Stay Informed, Stay Cautious: Navigating the XRP Landscape! 🌊🔒
#XRPPricePrediction #XRPPriceAnalysis #XRPBurn #cryptocurrency #crypto2024SpaceCatch
How Much of the XRP Supply Is Permanently Gone When the Total Burn Exceeds $6.8 Million?
The XRP community is increasing the amount of work it puts into the burning of tokens in an attempt to limit the amount of the digital asset that is currently in circulation. The cumulative amount of tokens that have been burnt has reached a new all-time high, marking a new milestone that has been reached as a result of the persistent burning.
In excess of twelve million XRP were burned.
In accordance with the information that can be seen on the XRPScan website, the total quantity of XRP coins that have been destroyed up to this point has surpassed the 12 million. At the present pricing of the market, this indicates that the community as a whole has transferred more than $6.8 million worth of tokens to the address designated for burn.
In spite of the fact that this number can seem to be substantial, it is really rather little when compared to the total number of tokens that are available. With just 12 million tokens in circulation thus far, the maximum supply of XRP is hardly making a dent, with the maximum supply now resting at 99,987,995,691. The maximum supply cap for XRP is 100 billion.
Additionally, this quantity of tokens that have been burnt indicates that just 0.012% of the overall supply has been destroyed up to this point. In comparison to other cryptocurrencies, such as Shiba Inu and FLOKI, which have had more than fifty percent of their token supply assigned to burn addresses, this is a negligible amount.
That being said, the burn number provides a glimpse into the manner in which investors on the blockchain are doing their business. The reduction of the overall supply of XRP is indicative of a dedication to improving the value of the digital asset, despite the fact that burns are not the primary focus of the typical investor in XRP.
We have surpassed 5 million active accounts.
On the XRP Ledger, the burn rate of the XRP coin is not the only indicator that has just set a new all-time high. Other metrics have also reached new highs. The blockchain got off to a rousing start in the year 2024, when the total number of active accounts surpassed the desired threshold of 5 million. As this article is being written, the total number of active accounts represents 5,007,658, indicating that the asset's interest returns have been steadily increasing over time.
In light of the fact that it is anticipated that the asset would be among the alternative cryptocurrencies that might be approved for a Spot ETF following Bitcoin, this comes as a surprise. Ripple, on the other hand, continues to face accusations of price suppression from the community. This is particularly true when considering the fact that the cryptocurrency company is holding a significant chunk of the XRP supply in its escrow account.
David Schwartz, the Chief Technology Officer of Ripple, has addressed the claims of price suppression on X (which was once known as Twitter). He claims that the company's holdings of XRP have not undergone any substantial changes, and that they have not been selling off coins in an effort to bring the price down.
#xrp #XRPBurn #crypto2024 $XRP
In excess of twelve million XRP were burned.
In accordance with the information that can be seen on the XRPScan website, the total quantity of XRP coins that have been destroyed up to this point has surpassed the 12 million. At the present pricing of the market, this indicates that the community as a whole has transferred more than $6.8 million worth of tokens to the address designated for burn.
In spite of the fact that this number can seem to be substantial, it is really rather little when compared to the total number of tokens that are available. With just 12 million tokens in circulation thus far, the maximum supply of XRP is hardly making a dent, with the maximum supply now resting at 99,987,995,691. The maximum supply cap for XRP is 100 billion.
Additionally, this quantity of tokens that have been burnt indicates that just 0.012% of the overall supply has been destroyed up to this point. In comparison to other cryptocurrencies, such as Shiba Inu and FLOKI, which have had more than fifty percent of their token supply assigned to burn addresses, this is a negligible amount.
That being said, the burn number provides a glimpse into the manner in which investors on the blockchain are doing their business. The reduction of the overall supply of XRP is indicative of a dedication to improving the value of the digital asset, despite the fact that burns are not the primary focus of the typical investor in XRP.
We have surpassed 5 million active accounts.
On the XRP Ledger, the burn rate of the XRP coin is not the only indicator that has just set a new all-time high. Other metrics have also reached new highs. The blockchain got off to a rousing start in the year 2024, when the total number of active accounts surpassed the desired threshold of 5 million. As this article is being written, the total number of active accounts represents 5,007,658, indicating that the asset's interest returns have been steadily increasing over time.
In light of the fact that it is anticipated that the asset would be among the alternative cryptocurrencies that might be approved for a Spot ETF following Bitcoin, this comes as a surprise. Ripple, on the other hand, continues to face accusations of price suppression from the community. This is particularly true when considering the fact that the cryptocurrency company is holding a significant chunk of the XRP supply in its escrow account.
David Schwartz, the Chief Technology Officer of Ripple, has addressed the claims of price suppression on X (which was once known as Twitter). He claims that the company's holdings of XRP have not undergone any substantial changes, and that they have not been selling off coins in an effort to bring the price down.
#xrp #XRPBurn #crypto2024 $XRP
