The cryptocurrency market has recently started experiencing a downturn, with the price of the flagship cryptocurrency Bitcoin dropping to $64,100 and the native token of the XRP Ledger, $XRP, dropping to $0.52 while a popular analyst suggests a surge to the $4 mark is “feasible.”
In a post shared on the microblogging platform X (formerly known as Twitter), popular cryptocurrency analyst Egrag Crypto weighed in on the price movements of the cryptocurrency, noting that its “current trajectory suggests a possible reach of $1.4 by June-July,” representing a significant increase from its current levels, with a surge to the $1.8 mark being “plausible.”
The analyst added that aiming for the $4 mark is “feasible” for XRP if the cryptocurrency follows a path similar to the one seen back in 2021, when it surged from around $0.3 per token to $1.8 before enduring a correction.
However, Egrag Crypto cautions against unbridled optimism. The analyst acknowledges that a scenario mirroring 2021’s meteoric rise could propel XRP to a new all-time high of $4, but they emphasize that this projection hinges entirely on replicating past performance, something any analyst will say isn’t indicative of future results.
Si al principi no tens èxit, aleshores el paracaigudisme no és per a tu.
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As reported, the total value locked (TVL) in on the XRP Ledger’s recently launched automated market makr (AMMs) has surpassed 7 million XRP, according to data from DeFi analytics platform DeXfi.
The figure represents a significant increase in just a few weeks, as noted by dUNL validator Vet, who co-founded the non-fungible token (NFT) marketplace xrpcafe on the microblogging platform X (formerly known as Twitter). According to him, more trading pairs with XRP are “contributing a lot to it as well as more inflows in larger pools.”
Τα κλειδωμένα περιουσιακά στοιχεία, τα οποία περιλαμβάνουν XRP, Sologenic ($SOLO), USD Coin ($USDC), Bitcoin ($BTC) και Coreum ($CORE), εκτιμώνται επί του παρόντος σε περίπου 4 εκατομμύρια δολάρια. Από τη συνολική κλειδωμένη αξία, τα 3.7 εκατομμύρια μάρκες XRP αξίζουν περίπου 2 εκατομμύρια δολάρια.
Αυτό σηματοδοτεί αύξηση 66% από τα 2.2 εκατομμύρια XRP που αναφέρθηκαν στις 17 Απριλίου, με το SOLO/XRP AMM pool να κατέχει το μεγαλύτερο μερίδιο κλειδωμένων περιουσιακών στοιχείων, με TVL 1.5 εκατομμυρίων XRP, ακολουθούμενο από το pool USDC/XRP.
Προτεινόμενη εικόνα μέσω Unsplash.
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- πηγή: https://www.cryptoglobe.com/latest/2024/04/xrp-analyst-predicts-cryptocurrencys-price-surge-to-4-is-feasible-based-on-historical-pattern/
