$XRP XRP is about to hit $200B market cap for first time; price nears record

XRP’s market cap could surge past $250 billion, backed by historical fractals and Fibonacci targets after a key breakout pattern.

Key takeaways:

XRP is about to pass $200 billion in market capitalization for the first time.

XRP price is up 35% against Bitcoin in July.

If momentum holds, XRP’s market cap could increase to over $250 billion.

XRP

XRP

$3.27

is on the verge of surpassing a $200 billion market capitalization for the first time, as Bitcoin

BTC

$118,113

shows signs of consolidation days after hitting new record highs.

XRP is up over 35% versus Bitcoin in July

The XRP market cap has surged 71.75% in the last 30 days to reach $193.10 billion on Thursday, or $2.18 billion less than the record high from six months ago.

The gains accompany a rise in XRP price in BTC terms, too.

In July, the XRP/BTC pair has surged by over 35%. Ether

ETH

$3,437

, the second-largest crypto by market cap, has jumped by over 25% compared to Bitcoin in the same period.#AltcoinSeasonLoading #Xrp🔥🔥