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Shiba Inu Lead Says Next Year Will Be Epic, Outlines Schedule for His 44 Episodes of New Podcast

Lele Jima
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Shiba Inu Lead Says Next Year Will Be Epic, Outlines Schedule for His 44 Episodes of New Podcast

Shiba Inu lead, Shytoshi Kusama, expresses his excitement for SHIB’s future, particularly focusing on the cryptocurrency’s transformative potential next year. 

With 2024 coming to a close in less than 48 hours, Kusama took to X to give Shiba Inu community members a hint of what to expect in 2025. 

Kusama’s Upcoming Podcast 

The enigmatic leader shed light on his upcoming podcast, which he suggests will showcase Shiba Inu’s potential. 

According to him, the podcast will feature 44 episodes, and he intends to communicate with the broader crypto community through it. He hinted at plans to talk about the technologies the team has built and how they integrate with the Shiba Inu ecosystem, like the TREAT token. 

Notably, this upcoming podcast will enable the community to understand the team’s plans for the SHIB token cryptocurrency and how Shiba Inu’s innovations can “save the world” by creating real-world impact.

Kusama Outlines Weekly Schedule for Podcasts and Activities 

Furthermore, Kusama provided insight into his weekly schedule for next year, focusing mainly on his podcast and other activities. He emphasized that his Monday podcasts will focus mainly on memes. 

However, on Tuesdays, he will illuminate TREAT and detail how the upcoming token fits into the Shiba Inu ecosystem. 

Wednesdays will be set aside for the publication of The Shib magazine, and no podcast will be scheduled for that day. Kusama will resume the podcast on Thursday, during which he will mainly talk about Shiba Inu tech. 

During his Friday podcast, Kusama plans to recognize some loyal Shiba Inu community members, while Saturdays will focus mainly on spirituality. 

There will be no podcast on Sundays, as this day is reserved for Shiba Eternity tournaments. Notably, the highly-anticipated podcast will begin today. 

Next Year Will Be Epic for Shiba Inu 

Interestingly, he expressed enthusiasm about 2025, indicating that “next year will be epic” for Shiba Inu. The Shiba Inu leader stated that he is excited to share some things the team has built. 

This might span from partnerships to new project launches that could further broaden the Shiba Inu ecosystem utility. The community is expecting the team to release the TREAT token for public use by next year. 

Kusama recently called the community’s attention to the imminent launch of the token in a December 27 update. 

Following the launch of SHIB: The Metaverse early access, Kusama emphasized that “it is time to start talking about TREAT.” However, he did not disclose when the token will launch for public use. 

Top Analyst Says XRP Is Still on Track, Sets Three Targets Up to $10

Abdulkarim Abdulwahab
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Top Analyst Says XRP Is Still on Track, Sets Three Targets Up to $10

While recent news of Ripple’s stablecoin launch did not affect XRP significantly, analysts maintain that XRP’s chart presents solid reasons to remain bullish.

In a commentary shared on X, analyst Alex Clay mentioned that XRP now boasts a strong macro chart. He pointed out that some may have overlooked the fact that XRP recently experienced a significant breakout on the monthly chart above a major resistance zone that had been characterized by heavy supply pressure.

Notably, the XRP breakout occurred above the $2 price point, around which XRP consolidated for a few weeks. This region had previously posed resistance during the last two cycles when XRP struggled to maintain dominance above $2 in 2018 and 2021.

However, Clay’s chart suggests that XRP has overcome this challenge, as the asset has been trading above $2 since December 1, when it reclaimed the region. According to him, this indicates that XRP is now “looking extra bullish.”

He suggested that, with the ongoing pattern, a double-digit price is attainable for XRP in this cycle.

XRP Targets to Expect

In his projected continuation of the XRP bull run, as XRP still remains above $2, currently trading at $2.12, Clay’s first target for the asset is $5.365, which aligns with the 1.618 Fibonacci level. This price will materialize if XRP sees a 251% rally from its current floor price.

Meanwhile, Clay’s second target for XRP is $8.623, corresponding with the 2.618 Fibonacci level. To reach this level, XRP would need to expand by 414%.

However, the analyst is setting his sights even higher, suggesting $10 is possible—a 509% return from current levels.

Aside from Clay, other analysts have also observed breakouts in XRP’s chart, fueling bold price predictions for the asset.

Factors to Boost XRP Price

At press time, XRP is trading at $2.11, having lost all gains made from the initial announcements of Ripple’s RLUSD launch. The news briefly propelled XRP to $2.72, but Bitcoin’s instability in the $100K range has wiped out all the accrued gains.

Previously, some market commentators suggested that XRP was awaiting a major news event to spark a new phase in its bull run. The launch of Ripple’s RLUSD was seen as a potential catalyst, but the announcement failed to trigger the expected price surge.

Now, market participants are looking to the potential termination of Ripple’s multi-year lawsuit, which is expected with the inauguration of the incoming pro-crypto Donald Trump administration. In parallel, XRP proponents are hopeful for the approval of XRP ETFs, as Trump has appointed pro-crypto SEC chairman Paul Atkins.

Here’s How High Shiba Inu Can Rise if Dogecoin Market Cap Doubles

Sam Wisdom Raphael
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Here’s How High Shiba Inu Can Rise if Dogecoin Market Cap Doubles

Shiba Inu (SHIB) could soar by a comparative margin if the market cap of Dogecoin (DOGE), the original meme coin, doubles.

The meme coin narrative has gained attention following the launch of new entrants such as Ethereum-based Pepe (PEPE) and the Solana-native tokens dogwifhat (WIF) and Bonk (BONK). However, the two leading meme assets DOGE and SHIB have maintained their prominence.

Dogecoin’s Potential

For context, the valuations of Dogecoin and Shiba Inu make up about 62% of the entire meme coin market cap, with DOGE leading the way. Being the original meme coin, Dogecoin currently boasts a market cap of $46.5 billion, representing over 48% of the meme coin market at $95.54 billion. 

As the seventh-largest crypto asset, Dogecoin boasts a greater valuation than most leading mainstream tokens such as the stablecoin USDC and risk assets Cardano (ADA) and Tron (TRX). Despite its lofty position, analysts believe Dogecoin has the potential to claim higher grounds.

Amid the price targets, earlier this month, one analyst projected an imminent increase to a price of $0.66, marking a 112% rise from the current price of $0.31. While this target is still below the meme coin’s 2021 all-time high of $0.73, it would essentially double its current market cap to about $93 billion.

Shiba Inu Price if Dogecoin Market Cap Doubles

Interestingly, given Dogecoin’s relationship with Shiba Inu, some expect a rally from DOGE to spill into the Shiba Inu market. This phenomenon occurred during the meme coin craze in March, allowing Shiba Inu to surge by more than 300% to a yearly peak of $0.000045.

Market data also confirms that Dogecoin and Shiba Inu have similar price actions. IntoTheBlock indicates that SHIB has an 89% price correlation with DOGE, with only Bitcoin (BTC) boasting a greater correlation. CoinMarketCap also shows that Dogecoin and Shiba Inu have moved in similar trajectories over the last 30 days.

Shiba Inu and Dogecoin Price Correlation CMC
Shiba Inu and Dogecoin Price Correlation | CMC

With this close price relationship, SHIB is likely to benefit from a spike in Dogecoin’s price, which would lead to a 2x increase in its market cap. If Shiba Inu follows a similar 112% increase, its price could rise from the current value of $0.00002176 to a new yearly peak of $0.00004613.

In October, market analyst AJTrader suggested that Shiba Inu could claim the $0.00004 price territory. For context, a price rally to the $0.000046 level would push Shiba Inu’s market cap to $27.18 billion. The last time XRP saw this valuation was in December 2021.

Here’s XRP Price if It Reclaims Its Ratio of Bitcoin Market Cap Before SEC Lawsuit

Sam Wisdom Raphael
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Here’s XRP Price if It Reclaims Its Ratio of Bitcoin Market Cap Before SEC Lawsuit

XRP price has the potential to reach a two-digit figure if XRP recaptures the percentage of Bitcoin market cap it held in 2018 before the SEC lawsuit.

Amid a broader market pullback from the Federal Reserve’s hawkish stance on the economy, XRP has suffered a huge blow. The altcoin’s price collapsed from a top of $2.72 on Dec. 17 to a floor of $1.96 on Dec. 20, marking a massive 28% decline within four days.

XRP recovered from the $1.96 low as a result of the robust support at this level, a region that previously acted as resistance. Despite the rebound, XRP price is still 25% down from the $2.72 peak, currently hovering around $2.16 at press time. 

XRP Price Underperforms While Bitcoin Thrives

At this price, XRP’s market cap stands at $132 billion, according to data from TradingView. It bears mentioning that XRP hit an all-time high market valuation of $165 billion on Dec. 3, when its price soared to the seven-year high of $2.9. Before now, the peak valuation stood at $128.5 billion in January 2018.

However, despite this cycle’s valuation being greater than the 2017/2018 valuation, it captures a much lower chunk of Bitcoin’s market cap. For context, in January 2018, when XRP’s market cap hit $128.5 billion, Bitcoin had a valuation of $260.05 billion. This indicates that XRP captured 49.4% of BTC’s market cap at the time.

This ratio continued to decline considerably as XRP price faced turbulence over the years, while Bitcoin thrived. Further, the SEC lawsuit, which began in December 2020, exacerbated XRP’s underperformance, resulting in the asset missing out on the 2020/2021 bull run. 

Amid this sustained underperformance, the ratio of XRP’s market cap to Bitcoin’s valuation has plummeted considerably. For instance, at the start of this year, on Jan. 1, XRP only had 3.9% of Bitcoin’s market cap. Notably, at the time, XRP’s valuation stood at $33 billion, while Bitcoin had a market cap of $838 billion.

What if XRP Reclaimed Ratio of BTC Market Cap?

Interestingly, following the November rally, XRP’s market cap has skyrocketed to new heights. Now, with a market valuation of $132 billion, XRP captures about 6.8% of Bitcoin’s market cap, which now sits at $1.93 trillion. This is still way below the 49.4% ratio from 2018.

Nonetheless, market experts believe XRP price will only surge further from here, especially after the ongoing correction ends. If XRP reclaimed the 49.4% Bitcoin market cap ratio, the implications would be massive for prices.

For context, 49.4% of the current Bitcoin valuation is $953 billion. Should XRP reach a market cap of $953 billion, its price would skyrocket to $16.6, considering the circulating supply of 57.25 billion tokens.

Such a price would mark a 621% increase from the current XRP price. Interestingly, market expert EGRAG had previously projected this price target for XRP. In October, EGRAG leveraged a Linear Regression principle to set three XRP price targets, including $16.

Here’s Dogecoin Price if DOGE Reaches Ethereum or Tether Market Cap

Lele Jima
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Here’s Dogecoin Price if DOGE Reaches Ethereum or Tether Market Cap

Dogecoin could surge tremendously to new all-time high targets if DOGE equals the market cap of Ethereum or Tether. 

Dogecoin investors have remained optimistic about DOGE’s potential despite the asset’s recent underperformance. This confidence is reflected in recent stats shared by leading India-based crypto exchange CoinSwitch.

As reported yesterday, CoinSwitch ranked Dogecoin as the most-held token on its platform, with 8% of the exchange’s 20 million users holding the token. 

Most of these users are anticipating a potential surge for Dogecoin, as observed in the 2020/2021 bull run when DOGE surged by more than 3,000%. 

Dogecoin Price If It Equals Ethereum or Tether Valuations 

Amid this speculation, some investors wonder how high Dogecoin’s price could reach if it equals the market cap of established cryptocurrencies like Ethereum (ETH) and Tether (USDT). 

For context, Dogecoin’s market cap of $46.4 billion places it as the seventh-biggest cryptocurrency in the world. It is currently priced at $0.3148 per token, reflecting a slight increase of 0.55%. 

However, the asset has witnessed a double-digit loss of 12.4% in the past seven days. It has a circulating supply of 147,385,346,384 (147.38 billion) tokens in the hours leading up to press time. 

Dogecoin Price at Ethereum Market Cap 

At the time of writing, Ethereum ranks as the second-largest cryptocurrency, with a market cap of $401.28 billion. To reach Ethereum’s market cap, Dogecoin must soar by 764.82% from its current valuation of $46.4 billion.  

If Dogecoin achieves this feat, its price will rise to $2.7224 per token, assuming DOGE maintains its circulating supply of 147.38 billion tokens. Therefore, if its market cap reaches that of Ethereum, Dogecoin will be worth $2.7224 per token. 

This will mark a new all-time high (ATH) for the firstborn memecoin, surpassing the previous value of $0.7376 by 269.08%.  

Price of Dogecoin at Tether Market Cap 

Tether (USDT) remains the world’s largest stablecoin and the third-biggest cryptocurrency globally. At the time of writing, it has a market cap of $138.76 billion. To hit that cap, Dogecoin will have to soar 199.05% from its current valuation. 

Should this materialize, Dogecoin will trade at $0.9414, marking a new all-time high for the token. This speculation assumes that Dogecoin’s circulating supply of 147.38 million tokens remains fairly stable.  

Can Dogecoin Rise to $0.9414 or $2.7224? 

The possibility of Dogecoin hitting targets like $0.9414 or $2.7224 depends on several factors, including a favorable market condition, increased adoption, and continuous endorsements from notable figures like Elon Musk. 

Dogecoin has continuously shown that it has the capacity to register jaw-dropping rallies, as seen last month when it soared over 200% in less than a month. 

In the meantime, top market observers believe Dogecoin could clinch these targets in the next few years. According to experts at Changelly, Dogecoin could trade at a maximum target of $0.9480 by October 2029. Additionally, they expect DOGE’s price to reach $2.77 three years later.  

Even though this analysis looks enticing, it is imperative to approach crypto investing with caution due to the unpredictable nature of the broader market. 

Here Are Dogecoin Bottom, Pre-Pump, and Pump Years as Weekly Candle Signals DOGE Gearing for the Next Run

Abdulkarim Abdulwahab
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Here Are Dogecoin Bottom, Pre-Pump, and Pump Years as Weekly Candle Signals DOGE Gearing for the Next Run

Dogecoin (DOGE) has been capturing the attention of traders as its latest chart patterns suggest another explosive rally is on the horizon.

Dogecoin is struggling to maintain dominance above the $0.30 price level after plummeting by 7.5% over the past week. However, analysts believe a turnaround is imminent.

In a post on X, trader Tardigrade shared insights into Dogecoin’s yearly and weekly price movements. He pointed to historical cycles and technical signals that hint at a significant bullish run on the horizon.

The Yearly Harmonic Pattern

The yearly chart reveals a striking harmonic pattern that divides Dogecoin’s market history into three distinct phases: Bottom Years, Pre-Pump Years, and Pump Years.

Notably, Dogecoin’s bottom years were 2015, 2019, and 2023, according to the analysis. These years mark Dogecoin’s major market bottoms, where prices reach the lowest point of the cycle before an upward trajectory begins.

Meanwhile, the pre-pump years are 2016, 2020, and 2024. These were often characterized by early signs of recovery and accumulation. These years set the stage for substantial rallies. For instance, Dogecoin registered a 5X surge between September and December.

Notably, the pump years, including 2017, 2021, and the incoming 2025, have historically seen massive bullish candles, propelling DOGE to new heights.

Based on this recurring pattern, Tardigrade believes 2024 has served as a setup year. According to him, it is paving the way for a potential major breakout in 2025, which could mirror the explosive gains witnessed in 2017 and 2021.

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Dogecoin historical chart

Weekly Chart Signals Bottoming Zone

In addition to the yearly analysis, the weekly chart provides encouraging signs for Dogecoin’s near-term prospects. Trader Tardigrade highlighted the appearance of a “Spinning Top” candlestick, a pattern that typically signals market indecision and a potential reversal.

He noted that this is not the first time Dogecoin has displayed this pattern at critical junctures. He cited similar occurrences in September and October, periods from which Dogecoin exploded before consolidating.

Essentially, the latest observation further reinforces the idea of a bottoming phase and that an uptrend is imminent.

Image

Adding to the bullish outlook, the Relative Strength Index (RSI) on the weekly timeframe has reached a support level. Historically, RSI bounces from such levels have been followed by significant upward price movements.

What’s Next for Dogecoin?

With 2024 closing as a potential bottom year and technical indicators aligning with historical trends, traders are eyeing 2025 as a defining year for DOGE. In particular, many expect Dogecoin to break beyond $1 next year.

Trader Tardigrade is among the analysts forecasting a $4 trillion market cap for Dogecoin. For context, this bold outlook would translate to a price point exceeding $30.

Ethereum Co-Founder Vitalik Buterin Adopts Moo Deng, Donates $300,000 to Wildlife Sponsorship

Elendu Benedict
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Ethereum Co-Founder Vitalik Buterin Adopts Moo Deng, Donates $300,000 to Wildlife Sponsorship

Ethereum founder Vitalik Buterin has extended his “fatherly duties” to Moo Deng, the pygmy hippopotamus behind the popular crypto meme.

In a Thursday post, Buterin shared that he has become the adoptive father of Moo Deng for two years and has generously donated to the animal’s welfare. Notably, the Ethereum co-founder donated 10 million Thai Baht, worth approximately $293K, to care for the pygmy hippo and her family.

Buterin Adopts the Meme Sensation

Meanwhile, Vitalik Buterin donated 88 ETH to the Khao Kheow Open Zoo, a Thai-based wildlife preservation center. The zoo houses Moo Deng and her family, among other animals, for conservation purposes.

Khan Kheow Open Zoo confirmed the receipt in a tweet, appreciating Buterin’s donation. The zoo will use the 10 million THB to support its operations and the ongoing Wildlife Sponsorship Program.

Furthermore, Buterin split the payment in two and disbursed the initial 5 million THB on December 26. Per the statement, the co-founder will complete the donation on an unspecified later date but within one year of the first payment.

Vitalik Buterin’s Donation

Meanwhile, Vitalik Buterin is notable for his chains of charitable donations to support wildlife. For context, he liquidated all “animal coins” in his portfolio in August, donating the proceeds to the Effective Altruism Fund’s Animal Welfare Fund.

Also, Buterin has donated to other causes. According to reports, he disbursed $100 million to COVID research projects and an undisclosed amount to support projects within and outside the Ethereum ecosystem.

Moodeng Grapples Following Adoption

Meanwhile, MOODENG, an Ethereum-based meme coin inspired by the pygmy hippopotamus, soared following the announcement. The token exploded over 90% to a peak of $0.0002558, followed by a quick retracement.

At the time of writing, the 581st-ranked crypto asset has dumped almost 40% from the peak price. Furthermore, MOODENG is down 26% today, trading for $0.0001552 at press time.

Expert Says Stop Doubting XRP, States Reasons He Expects an Imminent Uptrend 

Sam Wisdom Raphael
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Expert Says Stop Doubting XRP, States Reasons He Expects an Imminent Uptrend 

A prominent market pundit urges investors to stop doubting XRP, presenting several reasons he believes an XRP explosive run is imminent.

These remarks came from Armando Pantoja, an IBM blockchain award recipient and member of the Benzinga crypto advisory board, amid the persistent consolidation that has prevailed in the broader crypto market. XRP, which rallied 284% in November, is now facing an exhaustion of the bullish trend.

Notably, while most experts believe XRP could resume the upsurge soon, this range-bound phase has triggered uncertainty among investors, leading to profit-taking trades. CryptoQuant data shows that XRP Exchange Reserve on Binance has spiked from 2.79 billion tokens on Dec. 16 to the current figure of 2.93 billion. 

XRP Exchange Reserve Binance
XRP Exchange Reserve Binance

“Stop Doubting XRP”

This increase in Binance exchange reserve indicates a campaign among market participants to deposit their assets to Binance, the world’s largest exchange, for sales. Amid this prevailing sentiment, Pantoja has urged investors to stop doubting XRP.

For context, this pessimism surrounding XRP emerged as it underperformed during the 2021 bull run and in the early stages of the ongoing bull market. Even market veterans such as Raoul Pal insisted that XRP investors could miss out on this bull run, urging them to seek gains elsewhere.

Now, following its impressive performance on the back of the Donald Trump election victory, the pessimism has resurfaced. For context, some analysts have predicted loftier targets for XRP, such as the $27 mark and a more audacious $33 price. However, many have dismissed these targets as fantasies.

Possible Surge Catalysts

While some believe XRP might have exhausted its uptrend, Pantoja called attention to the altcoin’s explosive run in the 2017/2018 cycle as one reason behind his optimism. It bears mentioning that XRP traded for as low as $0.003 in January 2017, as it dumped while other assets surged during the start of the bull run then.

Interestingly, once it broke out, XRP outperformed the rest of the market, rallying from the $0.003 low to the $3.31 all-time high in January 2018. This marked a 110,233% increase within a year. Pantoja pointed out that, with this rally, XRP transformed $1,000 to $1.1 million.

This historic run demonstrated XRP’s potential and now serves as the foundation for confidence among analysts. Further, he highlighted other catalysts that could trigger a similar explosive run, including the possible conclusion of the SEC vs. Ripple lawsuit, as a new leadership is set to take charge in January 2025.

In addition to this, Pantoja also highlighted the incoming Donald Trump administration as another possible trigger of the next XRP upsurge. For context, Trump has promised to establish a more crypto-friendly administration, with his inauguration in January 2025 expected to kickstart another market rally.

At press time, XRP currently changes hands for $2.16, up 10.71% in December despite the ongoing turbulence. XRP is one of few leading assets witnessing gains in December. 

Hoskinson Hints at Potential Launch of Ripple Stablecoin on Cardano

Lele Jima
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0
Hoskinson Hints at Potential Launch of Ripple Stablecoin on Cardano

Cardano founder Charles Hoskinson reveals his positive experience engaging with the Ripple team, providing insights into potential partnerships. 

Hoskinson provided an update about his recent discussions with the Ripple team in a recent AMA session. The Angry Crypto Show, an X account covering Cardano-related news, shared some clips of Hoskinson’s comments yesterday. 

It should be recalled that last month, the Cardano founder met with top executives at Ripple, including the company’s CEO Brad Garlinghouse and CTO David Schwartz. 

Hoskinson Eyes RLUSD Potential Launch on Cardano  

Providing an update about his recent engagement with Ripple, Hoskinson emphasized that working with the San Francisco-based payments company has been easy. The Cardano founder revealed that he recently met the team behind Ripple’s RLUSD stablecoin. 

According to him, the RLUSD team is trying to recover from the intensive launch phase. For context, RLUSD, which launched earlier this month, is currently available on the Ethereum and XRP Ledger (XRPL) networks. Notably, Ripple plans to launch the stablecoin on other blockchain networks in the future. 

However, the company has yet to reveal the specific timeline for this expansion or identify which blockchains will be included in the next phase of the rollout. Interestingly, Hoskinson expressed confidence that the stablecoin team will launch RLUSD on other blockchain networks next year. 

He indicated that RLUSD could be incorporated into the Cardano ecosystem, stating that “there is no reason for us not to work together.”

Adding Ripple to Midnight Ecosystem 

In addition, Hoskinson expressed a desire to include Ripple in the Midnight ecosystem, a privacy-focused sidechain on Cardano. He revealed that the Ripple and Midnight teams are in ongoing discussions. 

According to him, Cardano also has some technologies, particularly Marlowe, that could be of immense value to Ripple. Regarding the possibility of an official partnership, Hoskinson emphasized that such collaborations take time to materialize. 

He suggested that the first step involves engaging in technical conversations, which the Cardano team had with the Ripple CTO last month. Afterward, he speculated that other things, like an integration, might follow suit. 

Overall, Hoskinson is optimistic about the prospects of a partnership, as he looks forward to what the Cardano and Ripple ecosystems could achieve working together. 

Here’s What 1,000 XRP Will Be Worth in 2025 Price Prediction

Abdulkarim Abdulwahab
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0
Here’s What 1,000 XRP Will Be Worth in 2025 Price Prediction

In a recent video, crypto expert Levi Rietveld provided a detailed price prediction for XRP, analyzing where the popular cryptocurrency could be headed by 2025. 

Leveraging historical data and current trends, Rietveld offered his price target for XRP. He explained why investors should consider buying now to secure substantial profits in the near future.

XRP Trend Has Improved

Rietveld noted that XRP exceeded his initial predictions, surpassing market expectations. This referred to XRP’s performance in November when its price expanded by around 5X to nearly $3. Now, Rietveld feels confident about the XRP’s trajectory moving into 2025. 

“Now that we have more updated information on what XRP has done today, I have a pretty good idea of what we can expect going into the new year,” Rietveld said. Accordingly, he analyzed the potential worth of a portfolio holding 1,000 XRP tokens for 2025.

Why 1,000 XRP?

Meanwhile, Rietveld addressed why he chose 1,000 XRP as a benchmark for his price predictions. According to him, 1,000 XRP makes the math easier and is a realistic goal for many investors. 

He also noted that the majority of XRP holders currently own fewer than 1,000 coins. However, Rietveld encourages his followers to aim for higher amounts, such as 10,000 to 25,000 XRP, to maximize potential returns.

Market Dominance and the Path to $70

Meanwhile, in exploring XRP’s price outlook, Rietveld analyzed XRP’s historical market dominance. He noted that the coin has seen significant growth in recent months. From September to November 2024, XRP’s market capitalization more than tripled, increasing from 1.25% to 3.91% of the total crypto market.

Rietveld predicts that XRP could achieve 20% market dominance by 2025, which would result in a 6X increase in its current price of $2.31. In this scenario, XRP could reach a price of $20 per coin, he added.

Notably, 1,000 XRP today, which costs $2,310 today, would be worth $20,000 in this case.

Meanwhile, Rietveld also pointed out that in an extremely bullish case, XRP could surge even higher, reaching a price of $70 per coin. Here, the value of 1,000 XRP would be $70,000.

Notably, Rietveld drew inspiration for XRP to attain a  20% share of the global crypto market share from the figures XRP commanded during its peaks in the 2014 and 2017 cycles. Specifically, in both cases, XRP saw a dominance of 16.9% and 18.1%.

XRP domiance chart
XRP dominance chart

Conservative Estimate for XRP

While Rietveld remains optimistic about XRP’s potential, he provided a more conservative estimate for the coin’s 2025 price. Assuming XRP captures 10-15% of the crypto market and the total market cap reaches around $12 trillion, Rietveld’s target price for XRP is around $20 to $23 per coin. 

“This price is very reasonable, considering how much the market capitalization has grown in past bull cycles,” he said.

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