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XRP Skyrockets to $2, surpassing Solana

01.12.2024 21:33 1 min. read Alexander Zdravkov
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XRP Skyrockets to $2, surpassing Solana

XRP's market capitalization exceeded $117 billion at the time of writing, attracting the attention of analysts and investors.

It is now one of the best performing cryptocurrencies as it has gained over 47% in the last 7 days, crossing the $2 mark.

XRP has already overtaken Binance Coin (BNB) to become the fifth largest cryptocurrency, and on December 1, it overtook Solana, taking the position of the 4th largest cryptocurrency by market capitalization.

Other market observers share a rather optimistic view. Analyst “Egrag Crypto” predicts that XRP could reach $20-$27 if it repeats its 2017 bull run when it reached its all-time high (ATH) at $3.8.

XRP’s recent performance and its market capitalization of $117 billion mark a key milestone for the cryptocurrency. With targets ranging from $5 to $18 and growing investor confidence, it may be poised for a historic breakout.

The coming weeks will be crucial as XRP works to maintain its momentum and chase new all-time highs, attracting significant attention from the market.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

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