Summary: Analyst Predicts XRP Price Will Hit $100 Before Bitcoin Hits $1 Million

Published: 28 days and 15 hours ago
Based on article from NewsBTC

Analyst Calls for XRP to Outpace Bitcoin in Next Bull Cycle

A prominent crypto analyst is challenging prevailing ultra-bullish Bitcoin forecasts, suggesting that XRP is poised to hit significant price milestones long before the flagship cryptocurrency reaches its projected seven-figure valuations. This bold prediction offers a fresh perspective amidst a market often dominated by Bitcoin's long-term targets.

XRP Targets $100 Ahead of Bitcoin's $1 Million Leap

While high-profile figures like Michael Saylor and Cathie Wood envision Bitcoin soaring to over $1 million, crypto analyst "24HRSCRYPTO" on X presents an alternative timeline favoring XRP. He contends that XRP will achieve a $100 valuation long before Bitcoin reaches the $1 million mark. Current data reveals XRP needs a 4,445% surge from its approximate $2.2 price to reach $100, whereas Bitcoin requires a 990% climb to hit $1 million. Despite the larger percentage increase required for XRP, the analyst argues its faster price dynamics observed in recent months and the growing adoption of the Ripple ecosystem position it for quicker growth.

An Unprecedented $1,000 for XRP Before Bitcoin's $19 Million Horizon

Extending his audacious outlook, the analyst predicts XRP could even reach $1,000 before Bitcoin approaches the staggering $19 million figure mentioned by some. Achieving $19 million would necessitate a roughly 20,635% increase for Bitcoin from today's levels, equating to an unprecedented $500 trillion market capitalization. For XRP to hit $1,000, it would require an even larger 45,300% jump, leading to an estimated $60 trillion market cap. Nonetheless, from the analyst's perspective, XRP reaching $1,000 is a more feasible scenario than Bitcoin hitting multi-million dollar figures per coin within similar timeframes. This analysis suggests a potential shift in market dynamics where altcoins, particularly XRP, could lead the charge in the next significant market rally.

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