Sunday, January 19, 2025
3.3 C
London

XRP Price To Reach $10 on January 20 When Trump Takes Office?

A recent story indicates that XRP’s price could be on the brink of a breakout and reach $10 during the time Trump takes office on January 20, 2025. The crypto-friendly appointees handpicked by Trump for top US financial cabinet positions possess intensive knowledge of the digital assets sector. The development directly benefits Ripple as it’s the preferred choice for fintech payments for digital transactions globally.

Also Read: Cardano: AI Predicts When ADA Will Breach Its All-Time High of $3.09

Leading banks have collaborated with Ripple to engage in smooth, secure, and seamless transactions. The development puts XRP directly in line for a price jump as it benefits from the global fintech shift. A handful of banks, including institutional funds, and hedge funds are incorporating fintech into their systems and processes. The Ripple Foundation is at the forefront of this change as it’s equipped with all the required technology.

Also Read: Dogecoin Turns an Investment of $1,000 Into $1.8 Million

Will XRP’s Price Reach $10 on January 20, 2025?

Source – Ajaib Kripto

Ripple’s XRP is currently trading around the $2.35 mark on Friday after rising nearly 350% in a month. Investors who took an entry position days after Trump won the presidency have made stellar profits in a short time. For XRP to reach the $10 mark, the leading altcoin needs to jump approximately another 330% in the next 45 days.

Also Read: Dogecoin: AI Bot Grok Knows When Doge Payments Will Be Launched On X

Rising 330% in 45 days is not an impossible task in the cryptocurrency markets. The sector has seen unimaginable gains that even put the leading global stocks to shame. However, to rise another 330% and reach $10, XRP needs to maintain its positive momentum throughout the next two months.

The departure of SEC chair Gary Gensler will also provide relief to Ripple as he relentlessly pursued the lawsuit. XRP’s price was stunted due to the SEC vs Ripple lawsuit and remained under pressure for nearly five years. However, whether the altcoin will reach $10 during Trump’s early days, only time will tell. A prediction like this is hard to pinpoint as several factors come into play and it is advised to take the forecast with a grain of salt.

Hot this week

Shiba Inu Could Trigger Mass Resignations, Here’s How

The Shiba Inu (SHIB) market was slowly getting back...

Remittix Set To Rival XLM, XRP in the Payments Sector with Revolutionary Crypto-to-Fiat PayFi Protocol

Are you wondering which token might dominate cross-border payments...

Does Ross have a Credit Card?

Your guide: Does Ross have a Credit Card? Are you...

Trump Memecoin Pushes Moonshot to Top 10 on U.S. App Store

Moonshot has shot up to the top of the...

Topics

Shiba Inu Could Trigger Mass Resignations, Here’s How

The Shiba Inu (SHIB) market was slowly getting back...

Does Ross have a Credit Card?

Your guide: Does Ross have a Credit Card? Are you...

XRP, Bitcoin, Dogecoin Top Picks for Inauguration Day Rally

The cryptocurrency market was alive with excitement as Donald...

Gensler’s Exit Fuels Crypto ETF Filing Frenzy

With Gary Gensler set to leave his post as...

How Can you Watch Private Videos on YouTube? 

Your guide: How can you watch private videos on...
spot_img

Related Articles

Popular Categories

spot_imgspot_img