Many analysts are anticipating a bull run for Ripple’s XRP which could lead to an exponential growth, giving Ethereum and Bitcoin a run for their money.
Several experts suggest that XRP’s potential price rally could be attributed to Donald Trump winning the US election, a political event that brought so much excitement to the cryptocurrency sector.
XRP: 700% Price Hike
Analysts said that XRP could be on the brink of a possible price rally based on historical price movement after an election.
They predicted that the price could skyrocket by 700% to about $4.89 per coin if history repeats itself.
Currently, the crypto is being traded at $0.6113 with a total market capitalization of $34.76 billion and a 24-hour volume of $2.82 billion.
Market commentators said that they believed that XRP would greatly benefit from positive sentiment brought by the upcoming administration of pro-crypto Donald Trump.
According to analysts, they see a potentially massive price surge for the
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