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Bitwise CIO Names Key Reason Behind XRP's Success, 30,490,000,000,000 SHIB Activated Amid $687 Million Market Sell-Off: Crypto News Digest by

Bitwise CIO names key reason behind XRP's success

Bitwise CIO Matt Hougan has recently taken to X platform to share the most important takeaways from the XRP Las Vegas event that took place last weekend. In Hougan's opinion, the XRP world is now embracing the idea that XRP and Bitcoin serve different markets. The CIO added that one of the most remarkable aspects of the event was the strength of the XRP community. According to Hougan, "the big piece of success" in crypto is how strong the community behind the asset is, confirming that this is indeed the case for XRP. Previously, Bitwise projected that the price of Ripple-affiliated token could surge to nearly $30 by the end of the decade if it manages to gain a substantial footing in such sectors as payments and tokenization.