Ripple's XRP token has surged 7.5% to $1.48, solidifying its position as the fourth-largest cryptocurrency. This price increase has sparked optimistic predictions from the Ripple community, with some enthusiasts forecasting XRP could reach $10 or even $30. Despite these bold predictions, XRP would need to rise by 580% to hit $10 and 1,950% to reach $30.
Prominent XRP supporters, including Cobb and John Squire, have shared their views on the token's potential. Cobb suggests the current price slump might be a "fakeout," leading to a significant price jump. Squire envisions XRP becoming the "bridge asset for global finance," citing its speed, liquidity, and compliance as advantages over Bitcoin.
Ripple Bulls Predict XRP Could Reach $10 Amid Weekly Surge
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