Peter Brandt predicts a 50% collapse in the market value of XRP by 2025
He believes that its total value (market capitalization) could drop from $121.6 billion to just $60 billion. This means the price could fall to around $1.
Veteran trader Peter Brandt anticipates a significant decline in the market value of XRP:
• Current situation: XRP is trading at approximately $2.08, with a daily increase of 1%. However, trading volume has decreased by 29% to $1.7 billion, reflecting a weakness in activity.
The currency has been moving in a narrow range between $2.06 and $2.10, indicating that investors are unsure of what’s next.
• Prediction: Brandt expects the market value of XRP to drop from $121.6 billion to $60 billion by 2025, which could lower the price to around $1. This is attributed to weak trading volume and lack of clarity in the market
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