Yes, the news about a potential "Giga Pump" for XRP is real, though it's essential to approach these predictions cautiously. Crypto analyst Amonyx has predicted an ultra-bullish scenario for XRP, stating that the price could surge to $400, representing a potential 80,000% increase. This projection is based on the Elliot Wave theory, with the price target aiming for the peak of the current market cycle. However, no exact timeline for this surge was provided. Other analysts, like Jaydee, have offered more conservative predictions, suggesting XRP could reach $6.5.
These predictions are partly fueled by optimism regarding the potential settlement of the SEC vs. Ripple lawsuit and the possible approval of an XRP ETF, which could attract institutional investors.
Always do your own research before making any investment decisions.
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