$XRP Crypto Influencer Says: If Bitcoin Surges to $145,000 in Two Months, How Will XRP Perform?
Tony Edwards, host of Thinking Crypto, recently put forth a bold hypothesis: If a bull market returns, the 'big brothers' like Bitcoin, Ethereum, and XRP could set new historical highs, breaking previous records.
Although XRP has shown more stability than other cryptocurrencies during market fluctuations, the recent performance of Bitcoin, Ethereum, and XRP has left many investors disappointed, even a bit disheartened.
🔸 Bitcoin, Ethereum, and XRP All Take a Dive
These mainstream cryptocurrencies experienced a surge after Trump's re-election in November, but now they have nearly all fallen back. For instance, Bitcoin reached a historic high of $109,114 on January 20, Inauguration Day, but has since dropped by 24.12%, now sitting at $82,787.
Ethereum briefly broke $4,000 in December, but the price has fallen back to $1,897 before publication.
XRP once basked in its glory after the election, becoming the third-largest cryptocurrency by market cap, but has now dropped to fourth place. On January 16, XRP soared to $3.38, but subsequently fell by 32.54%, currently priced at only $2.28.
This downward trend is not limited to these coins; the entire crypto market is experiencing a similar 'winter'.
🔸 Host Remains Optimistic About Future
Despite the market performance leaving many investors frustrated, Edwards is full of confidence about future potential.
He proposed a hypothesis: In the next two months, Bitcoin, Ethereum, and XRP (excluding stablecoins) could reach a jaw-dropping target.
Specifically, he predicts Bitcoin could rise to $145,000, Ethereum to $7,000, and XRP to $5. To achieve this target, Bitcoin, Ethereum, and XRP need to increase by 75.14%, 269%, and 119% from their current prices of $82,787, $1,897, and $2.28, respectively.
If Bitcoin can indeed reach $145,000, its market cap would hit $2.87 trillion. Meanwhile, if Ethereum and XRP reach their expected targets, their valuations would soar to $844.37 billion and $290.54 billion, respectively.
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