Cryptocurrency

2024

Levi

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<ul class="wp-block-list">
 <li>Analyst Levi Rietveld projects XRP could reach $100 based on Michael Saylor’s $13 million Bitcoin forecast.</li>
 <li>Saylor predicts Bitcoin will account for 7% of the world’s capital in 21 years.</li>
 <li>XRP’s potential $100 valuation assumes proportional growth with Bitcoin’s projected 20,300% increase.</li>
</ul>
<p>Cryptocurrency analyst Levi Rietveld has sparked intrigue in the digital asset community with his bold projection for <a href="https://thenewscrypto.com/?s=XRP" target="_blank" rel="noopener noreferrer nofollow">XRP</a>, drawing parallels with MicroStrategy chairman Michael Saylor’s ambitious forecast for Bitcoin.</p>
<p>Rietveld’s analysis suggests that XRP could potentially reach $100, aligning its future with Saylor’s vision of Bitcoin’s dominance in the coming decades.</p>
<p>Saylor’s recent CNBC interview sent shockwaves through the crypto world as he outlined a scenario where <a href="https://thenewscrypto.com/?s=Bitcoin" target="_blank" rel="noopener noreferrer nofollow">Bitcoin </a>could reach $13 million per token.</p>
<p>His prediction is based on the premise that Bitcoin will grow to represent 7% of global capital, citing its unique position as a non-sovereign, global asset free from government-related risks.</p>
<p>Extrapolating from Saylor’s Bitcoin projection, Rietveld posits that XRP could experience a corresponding surge. He argues that XRP’s role in providing liquidity and addressing market gaps not covered by Bitcoin positions it as a crucial asset in the broader cryptocurrency ecosystem.</p>
<h2 class="wp-block-heading" id="h-xrp-has-a-long-way-for-100">XRP has a long way for $100</h2>
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   <p lang="en" dir="ltr">BREAKING: <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> WILL HIT $100! Michael Saylor <a href="https://t.co/NCeYTXhYyf" rel="noopener noreferrer nofollow">pic.twitter.com/NCeYTXhYyf</a></p>— Levi | Crypto Crusaders (@LeviRietveld) <a href="https://twitter.com/LeviRietveld/status/1838913800172367940?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 25, 2024</a>
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<p>Currently trading around $0.580, XRP would need to experience a monumental increase to reach the $100 mark. Rietveld’s calculation assumes that if Bitcoin achieves its projected 20,300% growth to $13 million, XRP could potentially mirror this percentage increase, placing its value at approximately $118.</p>
<p>This projection is based on several assumptions, including Bitcoin maintaining its dominant market share and the entire cryptocurrency market expanding to over $546 trillion.</p>
<p>While Saylor’s timeline for Bitcoin’s growth extends to 2045, some XRP proponents believe the altcoin could reach $100 much sooner, possibly as early as next year.</p>
<p>It’s important to note that these projections are speculative and based on long-term forecasts.&nbsp;</p>

Analyst Projects Ripple (XRP) Could Reach $100: Here’s Why

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