XRP News: Bullish Forecast Predicts XRP Could Reach $14
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Ripple's native token, XRP, has been the subject of a new bullish forecast predicting a potential rise to $14. This comes as Ripple continues to make waves in the cryptocurrency market, with its lawyer, John E. Deaton, expressing strong confidence in the token's future.
New Bullish Forecast Predicts XRP To Hit $14: Ripple’s Lawyer Weighs In
Ripple, a leading contender in the cryptocurrency market, has recently gained significant attention. XRP, Ripple's native token, previously reached a milestone price of $3, as highlighted by John E. Deaton, Ripple's lawyer. Deaton expressed his confidence in XRP and its community, noting his initial purchase of the token at $0.50 and his intention to sell at $3. A new bullish forecast suggests that XRP could potentially reach $14 if current market conditions persist.
Ripple CLO Denies Alleged Trump Criticism Over Harris Donations
The Chief Legal Officer (CLO) of Ripple has denied allegations that former President Donald Trump criticized the company for its donations to Vice President Kamala Harris. The controversy arose from a report by Axios, which claimed that Trump expressed frustration with an unidentified company, speculated to be Ripple, for not supporting him and potentially supporting Harris. The report cited a private conversation where Trump allegedly said, '... when I needed you, where were you? You weren’t with me and maybe you were with [Kamala Harris].' These allegations are linked to Ripple co-founder Chris Larsen, who made significant donations. However, the claims remain unsubstantiated.
XRP ETF Approval Expected This Summer, Says Polymarket – Should You Buy Ripple Now?
Polymarket, a Web3 platform where users can vote on future events and earn money if their predictions are correct, currently shows a 68% chance of XRP ETF approval by 2025. This probability has increased from 58% yesterday, indicating growing investor optimism. The article explores whether it is a good idea to buy Ripple now, especially as it approaches $3 and with Trump's inauguration on January 20th. The platform also predicts a chance of XRP ETF approval before August 1, 2025.
XRP Market Cap Reaches New High
XRP's market capitalization has surged to a new high of $147.225 billion, marking a 10.06% increase. This growth has elevated XRP's share of the total crypto market to 4.42%. The rise in market cap reflects growing investor confidence and interest in XRP, positioning it as one of the leading altcoins in the market.