Satoshi

Apple

Captain

dogwifhat

<p>A crypto YouTuber, Matt Lutch, warned investors against very optimistic XRP price predictions in a YouTube video released on Monday. The analyst is offering a balanced approach to XRP price expectations while calling out some predictions as unlikely.</p>
<p>The YouTube presenter discouraged his subscribers from following various unrealistic XRP price predictions. Some of those expectations according to him include a potential <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP price</a> spike to $100, $1,000, and even $10,000.&nbsp;</p>
<p>Despite all these, <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> has been stagnant for the past 6 years. But this has not stopped some people, who are keen on predicting high XRP valuations without considering the market cap.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Next Big Airdrop?
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>Notcoin airdrop on Telegram made millions to people. Don’t miss out on the <strong><a href="https://t.me/dogshouse_bot/join?startapp=lPBZdx-GSwePJnSgqNglpA" target="_blank" rel="noopener noreferrer nofollow">next TG airdrop</a></strong> by the same team – Dogs on Ton!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>Some people have also offered some doubts about the crypto price, stating that a $10,000 investment in XRP in 2018 will remain $10,000 now. Showing that the price has remained stagnant since then.</p>
<p>The highest price XRP has been since then is $2, and this was during the 2017–18 bull market. It failed to move as much as many other top cryptos did in 2020 and 2021 because of the issues they had with the SEC.</p>
<p>The analyst also agrees with the general market notion that the price of XRP will increase significantly following the case with the SEC. This would be because of renewed retail and institutional interest in the token.</p>
<p><strong><em>Read Also: <a href="http://g" target="_blank" rel="noopener noreferrer nofollow">Top Crypto Gainers This Week: MEW, Helium (HNT), and dogwifhat (WIF)</a></em></strong></p>
<h2 class="wp-block-heading" id="market-capitalization-a-key-factor">Market Capitalization: A Key Factor</h2>
<p>The crypto analyst pointed out XRP’s market capitalization. He said it is a key factor in determining its price. He also compared it to that of major trading instruments like Apple and Bitcoin.&nbsp;</p>
<p>Apple currently has a market cap of $2 trillion; Bitcoin is at $1.2 trillion. XRP at $10 or beyond would lead to a market capitalization of more than $600,000 billion (half of what Bitcoin has now), which the analyst sees as unlikely for the crypto.</p>
<p>The analyst argued that claims of XRP reaching such high prices including $100, $1,000, or even $10,000 were unlikely due to the impracticality of such high market capitalizations.</p>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe loading="lazy" title="XRP WON’T HIT $10!!" width="840" height="473" src="https://www.youtube.com/embed/I7116pCprJs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </div>
</figure>
<p>He acknowledged the arguments that XRP is useful in digital currencies and finance, but he expressed doubt about the price reaching such high points.</p>
<p>The analyst predicted that XRP would probably increase during the next bullish cycle and possibly reach new record highs. However, he expressed doubt about the price going beyond $10.</p>
<p>The analyst is warning viewers about being moderately hopeful for XRP bullish spikes but also maintaining realistic expectations.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/crypto-analyst-explains-why-ripples-xrp-wont-hit-10/" rel="noopener noreferrer nofollow">Crypto Analyst Explains Why Ripple’s XRP Price Won’t Hit $10</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crypto Analyst Explains Why Ripple’s XRP Price Won’t Hit $10

Inhaltsverzeichnis

CaptainAltcoin

Weitere Artikel, die am 23. Juli 2024 veröffentlicht wurden

RCO Finance Revolutionizes Ethereum DeFi Ecosystem as Token Pre-Sale Goes Viral

Kraken Receives Funds from Mt. Gox Repayment, New Distribution Coming In The Next 2 Weeks

Illegal Bitcoin Mining in Paraguay: 10,000 Rigs Seized in Major Crackdown

Uniswap (UNI) Sees Abnormal 1,298% Whale Activity Surge, What's Going On?

Biden's Withdrawal Sparks Crypto Panic, Highlights Market's Political Sensitivity

Fidelity Leads Bitcoin ETF Inflow With $141 Million

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!