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If #XRP 's market capitalization reaches $1 trillion, each XRP would be valued at approximately $17.86, based on a circulating supply of about 55.96 billion tokens.
The launch of #RLUSD , Ripple's USD-pegged stablecoin, aims to enhance Ripple's payment ecosystem by providing a stable medium for transactions, potentially increasing XRP's utility and adoption.
If #Ripple 's technology were to replace #SWIFT and handle 90% of global transactions, some analysts speculate that XRP's value could rise significantly, with estimates reaching as high as $10,000 per token.
#XRP update: I copied the pattern from March 2017 on the daily chart and overlaid it with the current chart. If we indeed repeat, we will see new ATH on January 2 and $10 on January 15.
#TerraClassicUpgrade (#LUNC ) is preparing for a significant network upgrade scheduled for December 17, 2024, at approximately 12:57:47 UTC. This upgrade is designed to improve scalability, reduce gas fees, and make the blockchain more attractive for developers. It aims to revitalize the ecosystem and draw in new projects, increasing the token's utility and adoption.
The upcoming changes have sparked optimism within the community, with analysts predicting that LUNC's price could reach $0.00015 shortly after the upgrade. Long-term growth will depend on the network’s ability to deliver on its promises and attract sustained developer interest.
This is a pivotal moment for #LUNC , and the active engagement of its community will play a crucial role in shaping its future. Keep an eye on Terra Luna Classic as it takes this important step forward on December 17, 2024.
#Altcoins Dominate Gaming Over 70% of blockchain-based gaming projects now run on altcoins like #Solana , #Polygon , and #Avalanche . The future of play-to-earn gaming is firmly in the hands of innovative altcoins.
Analyzing #XRP : Potential Targets for January 2025
🚀 Current Price: $2.25 - 2.32$
📈 Key Influencers: 1️⃣ #Trump ’s Stance on Crypto: His speeches have hinted at embracing blockchain innovation, potentially boosting public and institutional trust in crypto assets. 2️⃣ Inauguration Momentum: Political shifts can significantly impact financial markets, and if crypto remains a talking point, investor confidence may rise. 3️⃣ RLUSD Launch: The rollout of Ripple Liquidity Hub for USD in January 2025 could massively enhance XRP’s utility, making it a major player in cross-border payments and boosting demand. 🎯 XRP Price Predictions for January 2025: 1️⃣ Bullish Scenario: $4.50–$5.00 Strong adoption from RLUSD and bullish sentiment from political and institutional support. 2️⃣ Neutral Scenario: $3.00–$3.50Steady growth with moderate adoption and limited external political/economic shocks. 3️⃣ Bearish Scenario: $2.00–$2.30Market stagnation due to delayed adoption or unfavorable macroeconomic conditions.
📌 Conclusion: XRP's trajectory largely depends on its adoption via #RLUSD and external macroeconomic factors. The next few weeks will be crucial in determining how these elements play out.
From what it looks like, it was likely coinbase about to delist USDT on their platform (and not the 60 minutes segment) that led to a market wide crash.
The more I think of it, the more this makes the most sense (vs whale manipulation and other conjectures).
USDT is not a regulated entity backed up by 1:1 collateral, and with upcoming regulatory frameworks, its the first stable coin that will start getting de-listed across other exchanges because of its deregulated and unaudited nature.
Bitcoin is massively tied to USDT, so... USDT crashes, it crashes Bitcoin, that sends the market spiralling.
The reason above is precisely why a stable coin like RLUSD is needed in the market, and likely why when regulations become necessary for exchanges, that XRP will overtake BTC as the dominant market player.
$LUNC If this trend continues, we are on track to reduce the total supply significantly over the next few years!
📊 Here’s what it looks like:
In just 8 months, we could burn 2 trillion LUNC tokens! 💥 In 12 months, we could burn 3 trillion LUNC tokens! 🔥 If we keep burning at this pace, within the next 3-4 years, we will see a massive decrease in total supply! The result? Less LUNC circulating and more potential for value stabilization! 📈
🔮 Impact on Supply Reduction:
Total Supply (Current): 6.518 Trillion LUNC Circulating Supply: 5.49 Trillion LUNC (after burns) 💡 With continuous burns over the next few years, we could potentially reduce the total supply to under 1 Trillion LUNC in just a few years! 📉