BitBoy, a popular cryptocurrency influencer, has shared his predictions for the future of XRP, Ripple’s native cryptocurrency. Despite the ongoing Ripple vs SEC lawsuit, investors and analysts are hopeful for strong gains for XRP.
BitBoy believes that XRP will surpass Ethereum and claim the second spot on the crypto list by 2025. He points out that this is not impossible, as XRP briefly surpassed Ethereum in January 2017. However, the legal battle with the SEC has hindered XRP’s growth.
While BitBoy expects Ethereum to experience a 2.5x to 3x surge during the next bull run, he predicts that XRP could see a 20x increase in price. Currently trading at $0.5297 with a market cap of $30 billion, a 20x surge would push XRP’s price to $11 with a market cap of $600 billion.
BitBoy believes that XRP has the potential to surpass Ethereum due to Ethereum’s slower momentum. He suggests that by the time XRP starts to rise, Ethereum will have already peaked and begun to decline. If XRP experiences a 25x or 30x surge, it is likely to overtake Ethereum.
BitBoy also highlights several factors that could contribute to a mega rally for XRP. He expects that if Donald Trump wins the presidency, he will follow through on his promise to fire SEC Chair Gary Gensler, increasing the likelihood of a settlement in the Ripple lawsuit. Additionally, the potential adoption of XRP by BRICS nations as a payment solution could further accelerate its growth.
In conclusion, BitBoy predicts a bullish future for XRP, with the potential for significant price increases and market cap growth.