Cryptocurrency

United

James

<div class="finbold">
 <p class="paragraph">As the majority of assets in the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency market open another week on a bullish note, investors and analysts are wondering if any of the currently advancing market participants could make a stronger upward push and dramatically increase their value.</p>
 <div></div>
 <p class="paragraph">One of the well-known <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies has demonstrated the capacity to massively increase its price in a short timeframe, and it is XRP. As it happens, it managed to grow its price by 1,260% – from $0.25 to $3.40 in a matter of days back in January 2018, when it recorded its all-time high (ATH).</p>
 <p class="paragraph">It is also worth noting that, just one year before, in January 2017, this <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> asset was changing hands at the price of $0.006385, which means it has succeeded in increasing its value by over 500 times within a period of just 12 months.</p>
 <h2 class="wp-block-heading" id="h-factors-to-assist-xrp-growth">Factors to assist XRP growth</h2>
 <p class="paragraph">Although its current price is well below this record high, XRP has nonetheless demonstrated advances in other areas that could potentially help it repeat this success, including winning regulatory clarity through a lawsuit that the United States Securities and Exchange Commission (SEC) had filed against Ripple.</p>
 <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8">
  <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto">
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/10/30/f44291aa4efacde13efb4adfffd59461.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="machine-learning-algorithm-sets-xrp-price-for-november-30-2023">Machine learning algorithm sets XRP price for November 30, 2023</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/10/30/b9db1e81c293408c45a30a3cbfaf8a04.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="shib-price-analysis-what-to-expect-at-the-end-of-2023">SHIB price analysis: What to expect at the end of 2023</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/10/30/5a883db2bdcded7ee2f799aaece873fe.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="ripple-v-sec-letter-reveals-former-commissioner-pleaded-against-lawsuit">Ripple v. SEC: Letter reveals former commissioner pleaded against lawsuit</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/10/30/7f5b621ef7981fe24cdf21683fcaca9b.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="analyst-projects-mega-bounce-and-fireworks-for-xrp-this-is-when">Analyst projects 'mega bounce' and 'fireworks' for XRP; This is when</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/10/30/9043bfcb227e532d8e297b77499b095f.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="plan-to-buy-xrp-here-s-why-it-could-be-a-great-timing">Plan to buy XRP? Here's why it could be a 'great timing'</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">As a reminder, the SEC had accused Ripple of illegally selling XRP that it considered securities, but Judge Analisa Torres ruled on July 13, 2023, that retail sales of the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency did not constitute securities sales, cementing XRP’s image as a non-security and allaying investors’ fears of illegal uncertainty.</p>
 <figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">A huge win today – as a matter of law – XRP is not a security. Also a matter of law – sales on exchanges are not securities. Sales by executives are not securities. Other XRP distributions – to developers, to charities, to employees are not securities.</p>— Stuart Alderoty (@s_alderoty) July 13, 2023
   </blockquote>
  </div>
 </figure>
 <p class="paragraph">More recently, the regulator has decided to completely withdraw from the case against the blockchain company’s top executives – CEO Brad Garlinghouse and co-founder Chris Larsen, dismissing all civil charges against them and marking the end of the long-running court standoff that has gripped the crypto community.</p>
 <p class="paragraph">On top of that, XRP boasts a massive community that includes not only the token holders and enthusiasts but also legal experts like James K. Filan, John E. Deaton, and Jeremy Hogan, who kept the public informed of each development during the court case.</p>
 <p class="paragraph">Furthermore, the XRP development team has been hard at work building the XRP Ledger (XRPL) ecosystem, including adding seamless transfers with a new on/off-ramp on its top self-custody wallet Xumm for 14 assets through the Internet of Value wallet gateway GateHub.</p>
 <figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">Big news! We've teamed up with @GateHub to boost #XRPL.<br><br>GateHub is adding seamless transfers with a new On/Off-Ramp on Xumm for 14 assets, including EUR, USD, GBP, Bitcoin, Ethereum, and more .<br><br>Learn more https://t.co/w1aPSPBw6u</p>— Xumm Wallet (@XummWallet) August 22, 2023
   </blockquote>
  </div>
 </figure>
 <h2 class="wp-block-heading" id="h-xrp-price-analysis">XRP price analysis</h2>
 <p class="paragraph">At press time, the fifth-largest <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> asset by market cap ($31.22 billion) was changing hands at $0.581, which shows an increase of 4.68% on the day, adding up to the 10.02% gain over the previous week and the advance of 12.19% across the past month, as per data on October 30.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/IacnZNOFS05Zmy3ajZ4IXy1xYsMPLb_6VgwqlrMzj7BGL5EoB91mI5m5lxnX8Xd8_FuZOsYrRjPo0AKW03rJbU3DNyQ8hJK1vuO3LAOKmOgoEcqW9wIhIdAxo0I-vDKp9iPyvE1UX45f3xmBW5Jiw00" alt>
  <figcaption class="wp-element-caption"><em>XRP 30-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <p class="paragraph">Indeed, XRP has all the necessary foundations to continue to grow its price, although a 1,000x growth is not very likely, at least in the near future. That said, things in this sector can often change quickly, which is why it is important to do one’s own research and weigh the risks before investing.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/which-crypto-has-1000x-potential-tbt68376.html">https://thebittimes.com/which-crypto-has-1000x-potential-tbt68376.html</a></p>

Which crypto has 1000x potential?

Inhoudsopgave

TheBitTimes

Andere artikelen gepubliceerd op 30 okt 2023

Korean Telecommunications Firms Ramp Up ESG Efforts with NFTs

Bitcoin Prepares for $48,000: Crypto Analyst

Dogecoin Continues to Show Positive Price Movement with Over 10% Increase

OKX celebrates 1 year anniversary of Proof of Reserves

Tether Dominates Brazil's Crypto Transactions, Striking Bitcoin

Bitcoin Minetrix ($BTCMTX) Raises $2.7 Million With Just Three Days to Go – Why Are Whales Backin...

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!