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Ripple CEO Behind XRP 580% Boom, Analyst Says Round Two Is Here

XRP bulls are taking cues for the next big move from recent posts by Ripple CEO Brad Garlinghouse.

The timing of these posts has only intensified speculation, especially given their historical precedent.

First XRP Pump Signal That Led to a 580% Surge

One post fueling speculation of a price surge for XRP was Garlinghouse’s announcement that the company is dropping its cross-appeal in the SEC case.

This signals an end to the five-year legal saga that has clouded XRP’s price and could lead to another upsurge. At the time of the announcement last week, XRP was around $2, and not much has changed since then.

However, market watchers are convinced a bullish wave is on the horizon. Their conviction comes from what preceded XRP’s price pump in November 2024.

At that time, Garlinghouse contributed to a powerful XRP rally by revealing a wave of institutional interest in XRP-based products through his tweet. That announcement confirmed filings for XRP ETFs by Grayscale, Bitwise, Canary Funds, and 21Shares.

“Institutional interest in XRP products is stronger than ever,” Garlinghouse said at the time. This development added fuel to the upsurge that saw XRP rise from $0.50 to above $2 in just weeks, as investor sentiment improved.

The momentum continued, and XRP went on to surpass $3 for the first time in seven years in January 2025. During this period, XRP soared by over 580%.

Given that Garlinghouse’s announcement contributed to this surge, XRP bulls believe the latest updates will have a similar effect.

“Ripple CEO Did It Once, He’s Doing It Again”

Specifically, XFinanceBull, a well-known analyst on X, sees the same setup unfolding once again. He pointed out how Garlinghouse’s moves helped launch XRP into a new range before and believes this latest message could do it again.

XFinanceBull's post about Ripple CEO and XRP surge
XFinanceBull’s post about Ripple CEO and XRP surge

Garlinghouse’s latest post described this moment as a closing chapter for Ripple, marking the end of legal distractions and a new focus on building the Internet of Value.

With XRP trading at $2.20 at press time, a repeat of history, with another 580% surge, could see XRP reach approximately $15.

Could XRP Even Do 10X?

Meanwhile, another post from Garlinghouse has sparked even more speculation. After the cross-appeal news, XRP supporters resurfaced an image of his XRP tattoo, to which a community member suggested it symbolized his long-term belief in XRP. Ripple’s CEO then amplified the buzz by replying “1,000%” to the post.

Many, including influencer Alex Cobb, interpreted this response as a bold signal that XRP could surge by 1,000%. However, this remains speculative.

If XRP were to climb 1,000% from its current price, it would reach nearly $24 per coin. At that level, XRP’s market cap would hit approximately $1.4 trillion. Interestingly, it would eclipse the market values of companies like Tesla and Berkshire Hathaway.

Here’s Possible Timeline for Shiba Inu to Reach $0.001 If SHIB Rises 30% Per Year

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If the price of Shiba Inu grows modestly by 30% annually, it could reach the ambitious target of $0.001 within the next few years.

2025 has been a bearish year for Shiba Inu, with SHIB’s price crashing by 46.5% year-to-date. The token experienced its largest price dip in February, when its value declined by 26.1%.

Mixed Reactions About Shiba Inu Surge to $0.001

Following Shiba Inu’s underperformance this year, many have questioned the token’s ability to reach the ambitious milestone of $0.001. However, the $0.001 forecast has gained popularity within the Shiba Inu community. Several market commentators are suggesting that the target is within SHIB’s reach.

In September 2024, market commentator LuckSide Crypto highlighted factors such as strong whale activity and minimal upside resistance as catalysts that could push SHIB’s price to $0.001.

The following month, after SHIB broke out from a descending triangle chart pattern, chartist Crypto Sheriff predicted that Shiba Inu was on track to hit three price targets, culminating at $0.001.

Meanwhile, an analysis by The Crypto Basic outlined two major factors, including the token’s hefty supply, that could hinder SHIB from clinching the $0.001 target.

Can SHIB Hit $0.001

Currently, Shiba Inu is trading at $0.00001130, down slightly by 2.04% over the past 24 hours. To reach $0.001, SHIB would require a massive rally of approximately 8,749% from its current price. This would eliminate two leading zeros and set a new all-time high.

While the $0.001 price target may seem highly ambitious, it is not entirely impossible for Shiba Inu to reach it, especially if it grows by 30% annually. However, it could take a considerable amount of time for SHIB to attain this target from its current level.

Notably, The Crypto Basic explored the timeline for when Shiba Inu could hit $0.001, assuming its price grows 30% annually starting in 2025. As mentioned earlier, Shiba Inu is currently down 46.5% year-to-date. However, there is still a chance for a rebound, particularly by October, which historically has an average growth rate of 213%.

Timeline for SHIB’s Surge to $0.001 If It Grows 30% Yearly

If Shiba Inu grows by 30% annually, its price will rise to approximately $0.00001469 by July 2026. Assuming this growth rate continues, SHIB’s price could reach $0.00002482 by 2028.

Maintaining a 30% annual growth rate until 2030 would see SHIB hit around $0.000042. By 2034, it would breach the $0.0001 psychological barrier, reaching roughly $0.0001199.

This consistent 30% annual growth would push Shiba Inu’s price to approximately $0.000579 by 2040, increasing further to around $0.000978 by July 2042. Notably, SHIB is expected to reach the ambitious target of $0.001 by August 2042, exactly 17 years and one month from today.

Other Experts’ Timelines for SHIB to Reach $0.001

Meanwhile, experts at Changelly speculate that Shiba Inu could hit the $0.001 target sooner. According to Changelly’s forecast, the $0.001 price could materialize between 2035 and 2039. However, Telegaon indicated that SHIB could reach the $0.001 price milestone by 2035.

Shiba Inu Price Prediction Telegaon
Shiba Inu Price Prediction Telegaon

Analyst Says No Reason for Upcoming Dogecoin Rally to Peak Below $1, Targets $1.17

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TradingView analyst says no reason for Dogecoin price rally to stop below the dollar valuation, citing bullish trend from historical price structure.

Dogecoin has experienced a short-term dip in sentiment, with its price action reflecting modest volatility in recent days. Beginning near $0.165 on June 25, the meme coin briefly climbed to just above $0.169 by June 30. However, the upward momentum failed to hold, and the price retreated to $0.162 today.

This movement occurs against a prediction for a higher target identified by TradingView analyst Master Ananda.

Support From 2022 Remains Intact

According to Master Ananda’s chart, Dogecoin continues to be supported by a price structure that started forming in June 2022. At the time, DOGE had fallen significantly from its May 2021 all-time high of about $0.74. Since then, a firm support level emerged, preventing further decline and acting as a launch point for a subsequent rally.

Screenshot 2025 07 01T103947332
Dogecoin Price Prediction

Notably, from the June 2022 bear market low, the analyst reports that Dogecoin surged over 880%, reaching a peak near $0.47 in December 2024. This move aligned with the 0.618 Fibonacci extension level. The Fibonacci-based structure, as interpreted by Ananda, shows future price projections and potential market top formations.

Fibonacci Targets and Resistance Levels Highlighted

Building on this model, Master Ananda outlined the next target of $1.17 based on a Fibonacci level relating to the 2021 bull market and the 2022 bear market. From the current price of $0.1621, a move to $1.17 would reflect approximately 622% upside. When measured from the June 2022 bottom of $0.05, the growth potential to $1.17 reaches around 2240%, equivalent to over 23 times in value.

Despite this long-term projection, Ananda also noted that markets follow cycles, stating that corrections often follow bullish moves. With Dogecoin returning to what the analyst called “baseline levels,” resistance levels that were cleared in late 2024 will likely need to be tested again. These points include $0.59 and $0.74.

Relevant Price Levels If Market Conditions Weaken

If the broader market does not perform well, several lower resistance levels remain relevant, according to the analysis. The $0.35 level sits just below the last major high and could become significant under declining momentum. 

The analyst stated that the $0.70 level should be watched as it was breached in the December 2024 rally. He also identified $1.05 as a potential new all-time high. According to Ananda, there is no reason for the Dogecoin rally in this bull run to stop below $1.

Further Dogecoin Prediction Above $1

Elsewhere, analyst WIZZ shared a projection for Dogecoin to reach $1, citing analysis from top market watcher Chris. In a June 24 tweet, Chris noted that Dogecoin had bounced from a multi-year support trendline after a 13% correction, suggesting the end of the downtrend. 

He predicted a rally beginning in July, potentially pushing DOGE to $1 and even as high as $1.40, while advising holders to take profit at those targets.

Here’s How High Shiba Inu Must Rise to take 9th Place and Become Top Memecoin

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Shiba Inu must defy its current bearish trend and reclaim prices last seen in March 2024 to flip Dogecoin and become the largest meme coin by market cap.

Shiba Inu, like many altcoins, has been on a bearish trend recently, with Bitcoin’s growing dominance suppressing its price and market share. SHIB closed June with a 10% retracement, marking its second red month in a row and the fifth in the last six months.

Nonetheless, hope beams among enthusiasts that Shiba Inu will recover shortly. Fueling this optimism are developing bullish sentiments and broader technological advancements, as Shiba Inu aims to transition from a mere meme coin to a global technology powerhouse.

Prospects of Shiba Inu Becoming Top Memecoin

Shiba Inu has previously tested the top dog position, and enthusiasts remain hopeful that it will one day occupy that spot again. For perspective, SHIB reached a market cap peak of $39 billion in 2021, surpassing Dogecoin’s slightly lower valuation at the time.

However, Shiba Inu’s stay at the top was brief as prices collapsed, and Dogecoin reclaimed the position. Since then, DOGE has maintained its position as the meme coin leader. Notwithstanding, some claim Shiba Inu still has what it takes to flip DOGE.

For instance, a commentary from former Goldman Sachs analyst Murad Mahmudov suggests that Dogecoin’s pole position could be at risk. He stated that a meme coin could flip DOGE this cycle, sparking a community debate if Shiba Inu could replicate its October 2021 feat.

How High Shiba Inu’s Market Cap Must Rise to Flip Dogecoin

According to CoinMarketCap, Shiba Inu trades at $0.00001130, with a market cap of $6.66 billion, being the 19th largest asset. On the other hand, Dogecoin occupies the 9th position, trading at $0.16 with a market cap of $24.2 billion.

As a result, Shiba Inu must reach a valuation of at least $24.3 billion to surpass Dogecoin and become the top meme coin. While the current trend suggests otherwise, historical performance indicates Shiba Inu can attain such highs.

Meanwhile, from its current market valuation of $6.66 billion, a rise to $24.3 billion would result in a 264% increase.

Shiba Inu’s Price If It Surpasses Dogecoin

With a $24.3 billion market cap, SHIB’s price would surely rally extensively from its current level. Now, assuming Shiba Inu maintains its 589.24 trillion circulating supply, a $24.3 billion market cap would culminate in a price of $0.0000412.

Interestingly, Shiba Inu has previously reached this price mark. Specifically, SHIB traded above it in March 2024, when it rallied to a peak of $0.0000456. As a result, analysts have predicted that the meme coin will soon reclaim this level.

For instance, Trader Mike highlighted an emerging historically bullish pattern in a TradingView analysis that could propel Shiba Inu to $0.00004 next. Another commentary predicted a move to $0.0000480 and as high as $0.0000707, citing a possible breakout.

Notably, Shiba Inu will only flip Dogecoin with a market cap of $24.3 billion if DOGE remains unmoved while SHIB rallies 264%. There is also no guarantee that Dogecoin would remain stagnant.

Here Are Benefits If RLUSD Gets Successfully Integrated Into Cardano: Analyst

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A market analyst outlines the potential impact on Cardano amid sustained talks around a possible RLUSD integration into Cardano.

For context, Cardano founder Charles Hoskinson previously confirmed that discussions were underway between his team and RLUSD developers regarding the possibility of bringing the stablecoin to the Cardano blockchain.

During a May 24 livestream, Cardano founder Charles Hoskinson addressed inquiries regarding the potential launch of RLUSD on the Cardano blockchain by the end of the year. 

He stated that his team had already reached out to the RLUSD developers and held an initial meeting.

Analyst Observes Potential Market Effects

Amid the ongoing talks, a trader known as Merlijn The Trader yesterday shared his views on social media platform X, pointing to potential market shifts if the integration moves forward.

Sharing insights on X, Merlijn outlined three major benefits that could arise if RLUSD becomes part of Cardano’s ecosystem. First, Merlijn noted that RLUSD’s arrival could attract a wave of new liquidity providers. These would enhance market depth and trading volume on Cardano-based platforms.

Stablecoins typically serve as foundational assets in DeFi protocols, and RLUSD’s presence could improve liquidity across decentralized exchanges.

Integration Would Boost Yield Farming

According to him, the stablecoin’s integration would also likely boost yield farming opportunities. With RLUSD-backed pools, staking, and lending options, Cardano users could benefit from more diverse and potentially higher yield mechanisms.

Further, RLUSD’s integration could unlock new cross-chain DeFi strategies, especially if implemented through a routing protocol like LayerZero. This would enable Cardano users to interact with protocols and assets from other chains without leaving the Cardano ecosystem—paving the way for interoperable DeFi solutions and enhanced capital efficiency.

Per Merlijn, a successful execution could result in a surge in total value locked (TVL) on Cardano and boost overall DeFi activity within its ecosystem. Notably, data from DeFiLlama shows that Cardano currently boasts a TVL of $244.44 million, with a stablecoin market cap of only $31.36 million.

Cardano TVL DefiLlama
Cardano TVL | DefiLlama

A Stablecoin on Cardano?

Recall, in May, Hoskinson shared plans to potentially launch a privacy-focused stablecoin on the network, addressing concerns around the transparency of existing stablecoins, which publicly record every transaction on the blockchain. 

He argued that many users may prefer greater confidentiality when making purchases, and introduced the concept of a “selective disclosure and seasonal freeze regime” to support this vision.

Software Engineer Predicts $30–$50 XRP Price, Says He’s No Time Traveler, Just Honest

Vincent Van Code, a well-known software engineer and XRP advocate, has shared his long-awaited price prediction for the digital asset.

He explained that while he typically avoids making XRP price predictions, persistent questions from the community prompted him to finally share his view. Specifically, Van Code believes XRP could eventually reach a price between $30 and $50.

For a coin currently trading at just around $2, this would require both its price and market cap to increase by approximately 25 times to reach the optimistic target.

The software engineer emphasized that he does not mean to convince others or generate hype with his opinion. Instead, it reflects his personal conviction.

“…And my opinion is $30-$50. And this is no shill, I don’t expect anyone to agree with me. I am not a prophet or a time traveller.”

According to him, his investment in XRP is based on the belief that XRP could ultimately reach a value of $50.

Notably, a price between $30 and $50 would imply a market cap of approximately $1.78 trillion to $3 trillion for XRP. In contrast, the coin currently has a market cap of only about $130 billion.

Van Code’s price outlook aligns with the popular belief among long-term XRP holders. While XRP has remained around $2 for over five months with little movement, many continue to hope that its value will eventually expand due to real-world utility.

Timing Doesn’t Matter as Much

Given the journey from the current price to $50, many wonder when this outlook might materialize. However, Van Code noted that predicting when XRP will reach its target range is not his priority.

“What I’m not so sure about is when. But that’s a minor point,” he noted.

Meanwhile, many other XRP market commentators have issued aggressive timelines for when a $50 price might materialize. A common belief is that XRP could hit that level within this year.

For instance, XRP influencer Dustin Layton went a step further, boldly predicting that 1,000 XRP could yield at least $50,000 in profit by the end of 2025. He urged followers to bookmark his claim, hinting at even greater gains beyond 2025.

Community Views on the $30 to $50 XRP Price

In his post, Van Code encourages other XRP holders to share their views without fear of being mocked.

Responding, X user “XRPunkie” stated that his price targets for XRP have consistently ranged between $26 and $33, with potential wicks reaching up to $40. He noted that $27 aligns with the 1.618 Fibonacci extension level on the weekly chart.

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XRP weekly chart by XRPunkie

Additionally, he identified the $10–$15 range as a major take-profit zone. However, he suggested that the final wave could overextend, especially with a potential ETF announcement and the resolution of the ongoing lawsuit.

Interestingly, some market commentators argued that Van Code’s $30–$50 XRP target is too conservative, suggesting he may be underestimating XRP’s long-term utility.

One noted that while cashing out at that range may be enough to live comfortably or pay off debt, those aiming to help build the future should consider selling only a portion at that level, and remain patient, even if prices temporarily dip afterward.

XRP W Pattern Could Lead XRP to $40, But Here’s Where to Start Taking Profit

Market technician EGRAG Crypto has shared how an extensive XRP W pattern could lead to three bullish targets but advises investors to start taking profit at a much lower price.

The recent analysis comes at a time when XRP is showing early signs of a rebound but still trading within the $2.2 range. Notably, over the past four months, XRP has continued to range between $2 and $2.3, with occasional dips below $2 and periodic spikes above $2.3.

However, in EGRAG’s recent market commentary, he confirmed that this consolidation phase has been part of a larger W pattern that has held up for years on the monthly chart. For the uninitiated, A W pattern is a chart formation that resembles the letter “W”. It often indicates a possible shift from a downward trend to upward momentum.

XRP Forms W Pattern

Notably, such W formations often take the shape of a double bottom, a similarly bullish structure. Specifically, XRP’s W structure began after it surged to the $3.8 peak in January 2018. 

Following this high, XRP observed a massive correction, dropping to a low of $0.1050 in March 2020, the first bottom, before eventually recovering. This recovery allowed XRP to rally to a local top of $1.96 by April 2021, essentially forming the first part of the W pattern or double bottom structure.

Interestingly, the formation of the second part began immediately, as XRP collapsed from the $1.96 top to reach a low of $0.2879 in June 2022 on the back of the Terra implosion. This marked the second bottom. However, XRP recovered during the November 2024 upsurge to complete the W formation.

XRP W Pattern
XRP W Pattern | EGRAG Crypto

Following the formation, XRP broke above the structure but faced resistance at $3.4 in January 2025 and is now retesting the breakout. This retest has led to the ongoing consolidation that has kept XRP around the $2.2 range for several months.

Despite the consolidation, XRP’s current position at $2 shows that it has successfully retested the breakout. The bulls have so far defended the $2 support, and now await a resumption of bullish pressure for a recovery push. EGRAG believes this recovery could lead to new all-time highs for XRP.

EGRAG Sets Three XRP Targets but Advises Profit-taking at Lower Prices

Notably, his first target is the $15 price, which marks a 578% increase from XRP’s current price of $2.21. Meanwhile, he also believes a further uptick to $22 is possible, representing an 895% rise. EGRAG’s ultimate target is an ambitious $40 price. To hit this ultimate mark, XRP would need to spike 1,709%. 

However, EGRAG insisted that investors should try to take profit at lower targets instead of trying to time the top. According to him, investors could start taking profit at around $6 to $7 all the way to the ultimate $40 target.

In his commentary, the market technician suggested that those who attempt to time the top may encounter disappointments. “What if everyone, including me, is wrong?” He noted that the important aspect of investing is how a market participant sells strategically when there is hype and buys strategically when the market is down.

FTX Reveals Next Repayment Date to Fully Compensate Large Creditors

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FTX creditor representative Sunil Kavuri has provided a new update on the next distribution of claim payments to creditors of the defunct crypto exchange. 

Recall that FTX commenced the distribution of funds to eligible users on February 18, 2025, starting with small creditors with claims under $50,000. 

According to Kavuri, FTX paid creditors in this category (those entitled to claims under $50,000) 120% of their initial claim value. This indicates that creditors received a 20% premium on their original claim value. 

Afterward, FTX commenced the second round of repayments on May 30, 2025, distributing $5 billion to creditors with claims over $50,000. The exchange distributed the funds within three business days of May 30. However, creditors with claims exceeding $50,000 received only 72.5% of their initial claim value. 

Next Payment Schedule 

Notably, Kavuri has disclosed the next repayment date for the remaining 27.5% of claims to large creditors. According to him, the upcoming distribution is expected to take place in Q4 2025, specifically from October to December. Additionally, he suggested that the repayment schedule could be extended to 2026 or 2027. 

This repayment will ensure that creditors with claims exceeding $50,000 receive 100% of their claim. Besides the claim value, these large creditors are also entitled to post-petition interest, which totals 40% to 80%. 

FTX’s Epic Collapse and Repayment Efforts

This ongoing repayment schedule comes more than two years after FTX’s collapse in November 2022. The exchange declared bankruptcy, with key executives sentenced to several years in prison. 

Specifically, a federal court in New York sentenced FTX founder Sam Bankman-Fried (SBF) to 25 years in prison due to his role in mismanaging users’ funds, leading to the exchange’s downfall. 

The court subsequently sentenced other executives, including Alameda Research CEO Caroline Ellison and FTX Digital Markets CEO Ryan Salame, to two and seven-and-a-half-year jail terms, respectively. 

Since the epic failure of FTX, the exchange has been working to reimburse users, with repayments commencing earlier this year. Despite FTX’s efforts, many have criticized the disbursement process for valuing users’ claims at token prices as of the time of the bankruptcy filing in late 2022. 

It is worth noting that crypto prices have soared significantly ever since. For instance, Bitcoin, which traded around $20,000 in late 2022, has rallied more than 400% to over $100,000. 

Robert Kiyosaki Buys More Bitcoin, Says He’d Rather Suck Than Be a Loser When Bitcoin Hits $1M

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Rich Dad Poor Dad author Robert Kiyosaki has increased his Bitcoin stash, insisting he is preparing for BTC at $1 million.

Kiyosaki spent over $100,000 today to buy a whole Bitcoin, yet he believes it is a worthwhile investment. He disclosed this in a July 1 tweet, suggesting he would rather take the risk than miss out on buying an asset primed to reach seven figures in the future.

I’d Rather Suck Than Be a Loser: Financial Author

Bitcoin continues to trade above $100,000, currently at $106,784, as of the time of writing. Market observers have varying sentiments about this price, with some suggesting it is a premium and others a bargain.

Whatever it is, Kiyosaki wants to find out by taking a risk and buying Bitcoin. He emphasized that while he might be wrong about Bitcoin, his wealth of experience has taught him a lot about such investments. According to Kiyosaki, if BTC fails to reach $1 million, he might receive the branding of a sucker.

However, he insists he would rather suck than become a loser when he misses Bitcoin’s impending rally to $1 million. This, he believes, is well within Bitcoin’s capabilities. As a result, he projected that the crypto leader would trade at the price mark one day.

Meanwhile, from Bitcoin’s current price of $106,784, a rally to $1 million would culminate in a staggering 836% growth. Remarkably, Kiyosaki had earlier predicted that Bitcoin would reach this level by 2030.

Nonetheless, he advised due diligence, urging investors to think for themselves rather than make financial decisions based on his “ramblings.” Notwithstanding, his experience and guts tell him Bitcoin could set people on a journey of financial freedom.

$1M per BTC a Commonplace

Predictions of a Bitcoin surge to $1 million have become a common expectation among enthusiasts. To many, it is more of a matter of when rather than if Bitcoin can hit the ambitious price level.

Meanwhile, several analyses suggest different timelines for this seven-figure price. Binance’s Changpeng Zhao predicted it could happen this cycle but suggested an extended bull cycle. Brandon Green suggested that it would occur during the winding-down stages of Donald Trump’s tenure, specifically between late 2026 and early 2027.

However, Cathie Wood’s Ark Invest predicted that Bitcoin would reach $1 million by 2030. The analysis even asserted a base case of $1.5 million and an ambitious $2.4 million under bullish market conditions.

Pundit Says Most Money He’ll Ever Make Will Come from Holding XRP to $100+

Crypto founder Edoardo Farina has issued an ambitious outlook regarding his XRP investment, stating that $100 or more in XRP would yield him the most money ever.

In a recent post on X, Farina stated that the greatest financial gain he expects to achieve will come from holding XRP until its value surpasses $100.

The statement generated attention among XRP holders and critics, given the extreme nature of the outlook. With XRP currently trading around $2, a surge to $100 would represent an increase of over 4,900%.

Making Money with XRP at $100+

Pundits like Farina often cite this price point as a potential threshold for financial freedom. It forms the basis of his repeated calls for investors to hold at least 10,000 XRP tokens. This amount would place investors in the millionaire class if XRP reaches $100 per coin.

Several factors influence this outlook. Some are bullish due to XRP’s fundamentals, while others draw confidence from XRP’s historical performance.

For example, crypto wealth mentor Linda Jones reflected on her early investment, noting that $100 bought 400 XRP at $0.25 each back in January 2021. Today, with XRP trading at $2.18, that same $100 would buy fewer than 50 tokens, highlighting the asset’s significant price growth.

Jones believes this trend will continue. Specifically, she predicted that in the future, $100 might buy just one XRP token, implying a price above $100. 

However, the journey to $100 and the required market cap of approximately $6 trillion leads many to call such ambitions unrealistic.

Meanwhile, proponents are drawing inspiration from Bitcoin’s trajectory to support their bullish XRP outlook. Altan Tutar, founder of MoreMarkets, recently sided with XRP enthusiasts on their bold forecasts.

Tutar noted that if Bitcoin can reach $100K, then XRP has grounds for similar price performance. While he didn’t explicitly endorse the $10,000 figure, he acknowledged that the XRP community’s belief mirrors the early optimism once held for Bitcoin.

More Money from Shorting Bitcoin to $5,000?

Meanwhile, proponents like Farina are bullish on XRP at the expense of Bitcoin. He added that his second-largest financial gain will come from shorting Bitcoin below $5,000.

He is suggesting that Bitcoin could plummet from its current level of $107,000 to under $5,000. At the same time, he expects XRP to soar to $100.

This extreme bearish take on Bitcoin contrasts with the widespread institutional adoption via spot ETFs and increasing demand from sovereign wealth funds.

Moreover, XRP is unlikely to soar by 4,900% while Bitcoin drops by 90%, based on historical trends. Bitcoin’s ascent has historically benefited altcoins like XRP. A significant dip in BTC would likely drag down the broader crypto market, as has been seen in past cycles.

Ultimately, Farina’s perspective suggests a capital rotation from Bitcoin into XRP, fueling XRP’s rise while Bitcoin crashes. However, this remains a highly speculative scenario, especially given Bitcoin’s adoption and entrenched market dominance compared to XRP.