Ripple has announced the launch of its RLUSD stablecoin, buoying the price of XRP Coin significantly. Whale activity has increased, with 830M coins accumulated, causing the price to surge 12%. In addition, analysts are predicting a significant rally for XRP. Predictions for 2025 suggest a massive market redefinition due to a new meme coin, with XRP's growth in question. A likelihood of XRP's ETF launching next year is foreseen as Bitcoin fund ranks as the biggest ever, and analysts expect XRP to attain a bull flag price target of $15. However, XRP’s ETFs may lag behind Litecoin and Hedera, as predicted by a Bloomberg Analyst. Other predictions suggest XRP reclaiming the third spot in market rankings due to a 9% surge in the wake of the Stablecoin launch announcement. As RLUSD comes into effect, the demand for XRP is expected to increase. Ripple's court victory also boosted confidence in XRP adoption. The projected timeline for XRP to cross price milestones of $5, $10, and $20 is anticipated due to recent market performance.
XRP Coin News Analytics from Sat, 30 Nov 2024 08:00:00 GMT to Wed, 18 Dec 2024 21:30:07 GMT -
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