Post
Topic
Board Altcoin Discussion
Re: XRP is doomed...
by
Sanitough
on 17/11/2024, 03:06:22 UTC
I think a huge "dump" awaits for XRP soon. Don't you agree?  Roll Eyes

Nobody will miss them.
Looking at XRP today I think FOMO is back in ripple but well we know it's not going to last long.

There's a huge increase in the last 7 days, 86% increase per repor, and is already trading over $1.
However, as to the FOMO days, I think it's not yet happening since the altcoins bull run hasn't started yet, but given the price today, this is already a big surprise considering the rumors before that they don't support Trump and yet the price have pumped.

https://coinmarketcap.com/currencies/xrp/
https://www.barchart.com/crypto/quotes/%5EXRPUSD

As to this article - https://www.fxempire.com/forecasts/article/xrp-price-forecast-xrp-gensler-trump-coinbase-820m-1476713 , here are the reasons below.

Quote
- Ripple (XRP) price rose 60% in a frenetic 48-hour period, to reach $1.09 on November 16, its highest since 2021.
- XRP open interest has increased by $820 million since Trump's win at the Nov. 5 polls.
- During a recent speech, Gensler hinted at his imminent exit, expressing pride and gratitude for service in the outgoing Biden administration.