koinmilyoner
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Bullish
Comparison of XRP to Bitcoin and Ethereum
A controversial crypto prognosis that XRP may hit $10,000 per coin has sparked discussion. Analysts are excited and skeptical about the ambitious claim as they evaluate the token's price factors.
ETF approvals, institutional acceptance, and its place in conventional finance are expected to boost XRP to this level, according to reports. Not everyone thinks this is feasible.
ETFs May Not Work
XRP ETFs may support the $10,000 price estimate. Fans anticipate exchange-traded funds to bring massive institutional investment to XRP, raising its price. Joshua Jake, a crypto expert, disproved the idea using Bitcoin ETFs.
He said Bitcoin ETFs have opened the way for institutional investors but have not driven Bitcoin to $1 million a coin. Jake believes ETFs cannot drive market activity to reach $10,000 for XRP.
Jake said that ETFs boost market-making and resistance while providing market access. He stated even $30 or $20 per XRP would need substantial market value infusion, which is unlikely.
At $100, XRP's market value would reach $10 trillion. It would be $1 quadrillion—more than the world's wealth—at $10,000. Jake thinks that's unrealistic and warns against forecasts.
Banks may not push XRP to $10,000. If every bank in the world utilized XRP, experts think its price would rise. Jake opposes due to crypto competitiveness and 99.98 billion coins. Even burning some tokens wouldn't cause a supply shock to drive prices higher.
Discussing XRP with Bitcoin and Ethereum was another subject. Jake reacted to XRP supporters' claims that Ethereum and Bitcoin are pricey despite their slow growth. He responded by emphasizing Ethereum's role in tokenization and decentralized finance and its $50.75 billion worth.
Jake also supported Bitcoin as a popular digital money. He mentioned its use in the carbon credit market and US and IMF support. He said XRP hasn't received the same institutional backing or acceptance.
#XRP #ETH #BTC #TrumpTariffs #MarketPullback $BTC $ETH $XRP
A controversial crypto prognosis that XRP may hit $10,000 per coin has sparked discussion. Analysts are excited and skeptical about the ambitious claim as they evaluate the token's price factors.
ETF approvals, institutional acceptance, and its place in conventional finance are expected to boost XRP to this level, according to reports. Not everyone thinks this is feasible.
ETFs May Not Work
XRP ETFs may support the $10,000 price estimate. Fans anticipate exchange-traded funds to bring massive institutional investment to XRP, raising its price. Joshua Jake, a crypto expert, disproved the idea using Bitcoin ETFs.
He said Bitcoin ETFs have opened the way for institutional investors but have not driven Bitcoin to $1 million a coin. Jake believes ETFs cannot drive market activity to reach $10,000 for XRP.
Jake said that ETFs boost market-making and resistance while providing market access. He stated even $30 or $20 per XRP would need substantial market value infusion, which is unlikely.
At $100, XRP's market value would reach $10 trillion. It would be $1 quadrillion—more than the world's wealth—at $10,000. Jake thinks that's unrealistic and warns against forecasts.
Banks may not push XRP to $10,000. If every bank in the world utilized XRP, experts think its price would rise. Jake opposes due to crypto competitiveness and 99.98 billion coins. Even burning some tokens wouldn't cause a supply shock to drive prices higher.
Discussing XRP with Bitcoin and Ethereum was another subject. Jake reacted to XRP supporters' claims that Ethereum and Bitcoin are pricey despite their slow growth. He responded by emphasizing Ethereum's role in tokenization and decentralized finance and its $50.75 billion worth.
Jake also supported Bitcoin as a popular digital money. He mentioned its use in the carbon credit market and US and IMF support. He said XRP hasn't received the same institutional backing or acceptance.
#XRP #ETH #BTC #TrumpTariffs #MarketPullback $BTC $ETH $XRP
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