2024

Bitcoin

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 <p>Ripple’s XRP token has faced a significant correction over the last few weeks. The asset is down by 2.6% in the daily charts, 8.4% in the weekly charts, and over 14% since December 2023. Nonetheless, XRP is still in the green since January 2023, rallying by over 28% in the previous year.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="871" src="https://cdn.thebittimes.com/images/2024/01/24/12731faca27b80326b7219e7ee185178.webp" alt class="wp-image-125840" srcset="https://cdn.thebittimes.com/images/2024/01/24/12731faca27b80326b7219e7ee185178.webp 1024w, https://cdn.thebittimes.com/images/2024/01/24/12731faca27b80326b7219e7ee185178.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/12731faca27b80326b7219e7ee185178.webp 768w, https://cdn.thebittimes.com/images/2024/01/24/12731faca27b80326b7219e7ee185178.webp 1536w, https://cdn.thebittimes.com/images/2024/01/24/12731faca27b80326b7219e7ee185178.webp 380w, https://cdn.thebittimes.com/images/2024/01/24/12731faca27b80326b7219e7ee185178.webp 550w, https://cdn.thebittimes.com/images/2024/01/24/12731faca27b80326b7219e7ee185178.webp 800w, https://cdn.thebittimes.com/images/2024/01/24/12731faca27b80326b7219e7ee185178.webp 1160w, https://cdn.thebittimes.com/images/2024/01/24/12731faca27b80326b7219e7ee185178.webp 1660w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p>Although XRP is one of the most popular cryptocurrencies in the market, some analysts are bearish on the asset’s future growth. According to El Salvador President Nayib Bukele’s Bitcoin (BTC) advisor, Max Keiser, <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP is a ‘centralized garbage’ coin. Keiser predicts that XRP’s price will hit $0.01. If the asset falls to $0.01, it would translate to a drop of about 98% from current levels.</p>
 <p><strong>Also Read: Valkyrie Chief Investment Officer Says <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> XRP ETFs Could Come</strong></p>
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    <p lang="en" dir="ltr">Centralized garbage going to $0.01 pic.twitter.com/mDQ0PPBgWi</p>— Max Keiser (@maxkeiser) January 19, 2024
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 <h3 class="wp-block-heading" id="h-will-ripple-s-xrp-fall-to-0-01">Will Ripple’s XRP fall to $0.01?</h3>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="585" src="https://cdn.thebittimes.com/images/2024/01/24/e812b1cf363777f713c90c00f31e91ce.webp" alt="Ripple's XRP token has faced a significant correction over the last few weeks, and according to El Salvador's Bitcoin advisor, the token is a &quot;'centralized garbage&quot;' coin" class="wp-image-125406" srcset="https://cdn.thebittimes.com/images/2024/01/24/e812b1cf363777f713c90c00f31e91ce.webp 1024w, https://cdn.thebittimes.com/images/2024/01/24/e812b1cf363777f713c90c00f31e91ce.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/e812b1cf363777f713c90c00f31e91ce.webp 768w, https://cdn.thebittimes.com/images/2024/01/24/e812b1cf363777f713c90c00f31e91ce.webp 1536w, https://cdn.thebittimes.com/images/2024/01/24/e812b1cf363777f713c90c00f31e91ce.webp 380w, https://cdn.thebittimes.com/images/2024/01/24/e812b1cf363777f713c90c00f31e91ce.webp 550w, https://cdn.thebittimes.com/images/2024/01/24/e812b1cf363777f713c90c00f31e91ce.webp 800w, https://cdn.thebittimes.com/images/2024/01/24/e812b1cf363777f713c90c00f31e91ce.webp 1160w, https://cdn.thebittimes.com/images/2024/01/24/e812b1cf363777f713c90c00f31e91ce.webp 1792w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p><a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP is one of the most popular cryptocurrencies in the market. Moreover, it is also one of the most used currencies for cross-border remittance. However, many analysts do not share Keiser’s opinion. According to Changelly, XRP’s price may breach the $1 mark by 2025. Moreover, the platform anticipates the token will surpass its all-time high of $3.40 in 2028.</p>
 <p><strong>Also Read: <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> XRP Forecasted To Surpass its ATH of $3.40, Here is When</strong></p>
 <p>Moreover, several events could propel XRP’s price to new highs much earlier than anticipated. Firstly, <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> is going through a legal battle with the US SEC (Securities and Exchange Commission), which has entered the high court. If the high court’s verdict is similar to the district court ruling, XRP may see a surge in adoption and price. Last year, a US district court ruled that <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> selling XRP to retail clients did not breach securities laws, contrary to the SEC’s claims.</p>
 <p>Moreover, the fintech company has secured many partnerships with global institutions, which could further help protect XRP’s price from falling too far. Furthermore, this can stop further claims of being a “garbage coin” like those from the El Salvador Bitcoin advisor.</p>
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  <li>Ripple</li>
  <li>xrp</li>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ripple-el-salvador-bitcoin-advisor-says-xrp-to-fall-98-to-0-01-tbt77504.html">https://thebittimes.com/ripple-el-salvador-bitcoin-advisor-says-xrp-to-fall-98-to-0-01-tbt77504.html</a></p>

Ripple: El Salvador Bitcoin Advisor Says XRP to Fall 98%, to $0.01

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