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XRP Could Rise 100x Thanks to Meme Tokens

XRP Could Rise 100x Thanks to Meme Tokens

HappyCoinNewsHappyCoinNews2024/12/30 19:44
By:HappyCoinNews

Blogger Whale Insider believes that kriptovalyuta XRP ( XRP ) could rise in price 100 times thanks to meme tokens.

XRP Preparing for a Megapump. Memcoins issued on the blockchain XRP , is the new meta. The price will increase by 100-1000 times, - Whale Insider said.

In early December, the market for meme tokens created on the network XRP Ledger, there was a revival. For example, the coin ARMY (ARMY) has risen in price 90 times in a week, and its capitalization level reached $90 million, and token 589 gained 160% in price in a day, and its market cap increased to $8 million.

Apparently, Whale Insider believes that meme tokens will have an impact on XRP the same positive impact as on Solana (SOL), which has risen in price by about 10 times amid a wave of excitement around meme-based cryptocurrencies. However, the forecast is even for a 100-fold increase in the rate XRP seems too optimistic.

According to CryptoQuant, over the past 30 days crypto whales transferred to the stock exchange Binance over 2,6 billion XRP worth $5,4 billion at the current price, most likely for subsequent sale. At the same time, the bullish rally in the coin market ended, and its price began to creep down, having gone down nearly 5% to $2,09 over the past week.

Given this, it becomes clear that meme tokens will not save the value XRP from falling if the rich continue to dump digital assets.

XRP Could Rise 100x Thanks to Meme Tokens image 0

Change of course XRP over the past month

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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