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Home Blockchain

Ripple (XRP) Price Prediction: What Does the Future Hold as XRP Sits 86% Below Its Record High?

by DigestWire member
October 19, 2024
in Blockchain, Crypto Market, Cryptocurrency
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Ripple (XRP) Price Prediction: What Does the Future Hold as XRP Sits 86% Below Its Record High?
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The post Ripple (XRP) Price Prediction: What Does the Future Hold as XRP Sits 86% Below Its Record High? appeared first on Coinpedia Fintech News

Launched in 2012, Ripple’s native token, XRP, has connected with the crypto fan base, yet its returns have been disappointing. It is currently trading about 86 per cent below its maximum level at $0.556, compared to the historical record of around $3.84. Years after enduring numerous legal battles, such as the Ripple versus SEC case, some holders remain optimistic about the future altcoin season, hoping for the huge returns anticipated. This scenario is not unfounded, with the likes of Kevin Cage, an industry analyst, who recently published a post suggesting that XRP could rise from 10X to 500X, given the patterns recorded in 2017 and 2021.

XRP May Benefit From Altcoin Season

Another important point to note is that XRP tends to perform relatively well during alt seasons. Considering how the future looks, alt seasons are likely, especially if Bitcoin’s market dominance decreases. Back in 2017, during an alt season, XRP experienced an astonishing 500X growth from $0.006 to around $3.50. Reports from that period also saw XRP grow over 10 times while still entangled in SEC laws, with its value fluctuating from $0.18 to $1.96. Based on what Cage said, this may happen again, especially if Bitcoin’s market share growth stalls. Some even predict a high-end estimate of $278 if XRP follows the trends seen in 2017, which saw a 500X increase.

XRP Problems: Lawsuits and Market Sentiment

The likelihood of XRP making some impressive gains is there, but its upside largely depends on the verdict in the Ripple versus SEC lawsuit. Investors have been anticipating a breakthrough, one that could resolve the legal matter that has not only impacted XRP’s price for several years but also caused it to be delisted from many top crypto exchanges. Additionally, with Bitcoin surging and dominating the market, there’s uncertainty about when the alt season will occur and, even if it does, whether XRP will repeat its past performances.

While XRP has the potential for an explosive rally fueled by market dynamics and legal aspects, Rexas Finance (RXS) is a better option for investors looking for massive returns. 

Meet Rexas Finance (RXS): A Token That is Going to Break Records

RXS is currently priced at around $0.060 in the fourth stage of its presale and has already garnered more than $3.7 million. Rexas Finance is ahead of the curve due to the prospects of the ecosystem it is building, which will be fully in place when it launches. RXS is tokenizing real assets—real estate, gold, and art—disrupting the industry by enabling fractional ownership and democratizing historically illiquid markets. These assets are not only tradable but also serve as a secure, efficient, and convenient way to own high-value belongings.

Why RXS is a Better Investment For 2025

1. Rexas Launchpad and Token Builder: RXS launches a new cryptocurrency token. Additionally, its platform features enable real-world assets to be tokenized and raised on the platform’s launchpad. RXS is poised to play a major role in the RWA tokenization market, which is estimated to be worth trillions of dollars.

2. Decentralized, Community-Driven Growth: Rexas Finance opted for a public presale instead of inviting early-stage VC firms for fundraising, unlike Ripple. This gives the masses an opportunity to participate in the financial revolution, with early investors expecting returns of at least 6x. By raising funds through a presale rather than VCs, RXS has a distinct, decentralized, and community-based origin likely to attract a wide pool of investors.

3. Potential for Large Gains: Due to the disruptive nature of its platform, RXS has the potential to continuously exceed its previous all-time highs, while XRP remains subject to external influences such as legal matters. With a withdrawal price currently set at $0.060 and not yet listed on major exchanges, RXS is primed for growth, especially as other exchanges prepare to list it.

Conclusion: Is RXS a Better Bet Than XRP?

XRP has the potential to generate substantial profits during the next altcoin season. However, it faces significant challenges, such as the uncertainty surrounding the SEC court case and market conditions that may or may not be favorable for most altcoins. In contrast, Rexas Finance (RXS) is a token set to revolutionize the market with its Real-World Asset tokenization platform, allowing investors a way to invest in real estate, gold, and more. RXS does not need to wait for legal cases or altcoin seasons to thrive. It has already begun laying the foundations for sustained growth and new all-time highs due to its exceptional platform and community-oriented approach. For investors seeking the next big multiplier, Rexas Finance is a strong contender with the potential to surpass XRP in the foreseeable future.

About Rexas Finance :

Website: https://rexas.com

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