XRP cryptocurrency, also known as Ripple, is preparing for a major shift in trend with a price target of $4, according to an analyst. Despite the potential 'altcoin season', market stress is evident beyond Bitcoin, as the altcoin open interest (OI) crash wiped out $8B. Nevertheless, analysts believe that altcoin returns of 150x-200x are possible this cycle.
The
Federal Reserve's rate cut has sparked a return of the billion-dollar altcoin wave, with Bitcoin's performance outgunning Ethereum. Despite Binance listing of major gainers, the market outlook for altcoins for the year 2025 is not clear.
Ethereum Exchange Traded Fund (ETF) inflows have been draining red, drawing investors' attention to an emerging altcoin that institutions may have overlooked. One of the underdog altcoins could change how we spend crypto. There are also speculations that Solana, the altcoin darling might be lagging behind Bitcoin, Ethereum, and XRP this week.
It's not all gloomy, though, as the AVAX and BNB altcoins gain massive institutional backing and Dogecoin price prediction shows that SHIB holders are betting big on this viral altcoin as
100x gains are expected. In the wake of this, Coinbase listed two new altcoins causing a massive rally.
The altcoin market in 2025 is expected to be dominated by Bitcoin, Ethereum, and altcoins such as XRP, which are expected to achieve significant returns. XRP price trades are wavering between $2.95 β $3.05, while PayFi altcoin Remittix is projected to soar from $0.10 to $4.
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