Cardano

Algorand

<h4>This one came out of left field. For real.&nbsp;Everybody is waiting for alt season to start. So, here we are, sitting on our new, shiny coins projects, waiting for them to take off. However, in the meantime, a bunch of dinosaur coins are making a comeback.&nbsp;Cardano (ADA), Algorand ($ALGO), Hedera ($HBAR), VeChain ($VET). They’re all taking off with a 250% to 750% price increase over the last 30 days. Most notably, $XRP, though. That’s taking center stage right now. Check <a href="https://youtu.be/qcdAkPPai9M?si=snN_0Dh-CQ8Y5TAo&amp;t=202" target="_blank" rel="noopener noreferrer nofollow">my video</a> from yesterday.</h4>
Nobody saw this coming. But here we are. So, what is behind this price increase? And how many $XRP will make you a millionaire?
<h5>What Happened to $XRP?</h5>
Currently, $XRP is on every <a href="https://lunarcrush.com/discover/xrp?metric=posts_active" target="_blank" rel="noopener noreferrer nofollow">social media timeline</a> you can think of. Instagram, TikTok, X, you name it. However, not too long ago, Raoul Pal released <a href="https://x.com/jungleincxrp/status/1825909422528532766" target="_blank" rel="noopener noreferrer nofollow">this video on X</a>, warning us not to buy ‘old’ coins like Cardano and $XRP.&nbsp;
How things have changed. Look at this <a href="https://www.coingecko.com/en/coins/xrp" target="_blank" rel="noopener noreferrer nofollow">$XRP chart</a>. That’s unreal. It’s an absolute God candle. $XRP did a 439% over the last 30 days. That’s a parabolic rise, if I ever saw one.&nbsp;But, the question is, how did it go from 50 cents to $2.71 in only one month? Especially if you consider it has been in this 50-cent range for the last two and a half years.
So, yes, I can see where Raoul Paul comes from. There were projects during that time that offered better returns. However, here we are.&nbsp;
<h6>The SEC vs Ripple</h6>
The first shake up came from Ripple’s big opponent, the SEC. They’ve been fighting each other in the ring since 2020. According to the SEC, <a href="https://crystalintelligence.com/crystal-news/sec-appeals-court-ruling-on-xrp-crypto-regulation/#:~:text=The%20SEC%20alleged%20that%20XRP,token%20is%20a%20digital%20currency" target="_blank" rel="noopener noreferrer nofollow">Ripple raised $1.3 billion</a> and did this by selling $XRP as an unregistered security.
Now, the big news is that SEC chair Gary Gensler is stepping down in January. Under President-elect Trump, a much more crypto-friendly person will likely take this position.
<blockquote class="twitter-tweet">
 On January 20, 2025 I will be stepping down as <a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SECGov</a> Chair.
 A thread <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2b07.png" alt="⬇" class="wp-smiley" style="height: 1em; max-height: 1em;">
 — Gary Gensler (@GaryGensler) <a href="https://twitter.com/GaryGensler/status/1859658192298574096?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 21, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
This could not only affect <a href="https://www.altcoinbuzz.io/?s=ripple" target="_blank" rel="noopener noreferrer nofollow">Ripple</a> positively. There’s a whole slew of other crypto projects under attack by the SEC. They could all benefit from this.&nbsp;Add to that <a href="https://www.binance.com/en/square/post/16849140259338" target="_blank" rel="noopener noreferrer nofollow">a victory in court</a> to move to final judgment more quickly to cut the nonsense and Ripple’s legal costs. That helped $XRP move too.
Nonetheless, this clears the way for <a href="https://ripple.com/" target="_blank" rel="noopener noreferrer nofollow">Ripple</a> to do what it intended to do from the get-go. That is to accommodate fast and low-cost international payment options. 10 This new, more clear environment also triggered more institutional interest. Another reason to be optimistic about the $XRP price.
<h5>$RLUSD and $XRP ETFs</h5>
$RLUSD is <a href="https://ripple.com/solutions/stablecoin/" target="_blank" rel="noopener noreferrer nofollow">Ripple’s stablecoin</a>. Ripple only unveiled this stablecoin in October 2024. Its competitors are, for instance, Tether’s $USDT and Circle’s $USDC.&nbsp;
There are rumors that the New York Department of Financial Services (NYDFS) may approve $RLUSD soon. There was even a mention by <a href="https://www.foxbusiness.com/markets/ripple-poised-new-york-approval-stablecoin-set-enter-regulated-us-crypto-market" target="_blank" rel="noopener noreferrer nofollow">Fox News</a> of a 4th December launch. That would be today, but that didn’t happen. Yet. A launch seems imminent, though.&nbsp;
The $RLUSD stablecoin pegs 1:1 to the $USD. So, this news led to another potential option for $XRP; ETFs.&nbsp;It’s not easy to get approval for an <a href="https://www.altcoinbuzz.io/?s=etf" target="_blank" rel="noopener noreferrer nofollow">ETF</a>. Let alone a crypto ETF. However, earlier this year, we saw the Bitcoin and Ethereum ETF approvals by the SEC.&nbsp;
With a new SEC chair, the mood, or opportunity could take a turn. 21Shares, Canary Capital, and Bitwise are among the firms that have already filed for $XRP spot ETF applications. With such an ETF, you don’t need to buy actual $XRP. Instead, you can buy shares from the funds offering it. A great opportunity for both retail and institutions.
<img fetchpriority="high" decoding="async" class="aligncenter wp-image-156904 size-large" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-707-AXRP-I-21Shares-XRP-ETP-www.21shares.com_-1024x463.png" alt="XRP ETF" width="696" height="315" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-707-AXRP-I-21Shares-XRP-ETP-www.21shares.com_-1024x463.png 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-707-AXRP-I-21Shares-XRP-ETP-www.21shares.com_-300x136.png 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-707-AXRP-I-21Shares-XRP-ETP-www.21shares.com_-768x348.png 768w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-707-AXRP-I-21Shares-XRP-ETP-www.21shares.com_-1536x695.png 1536w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-707-AXRP-I-21Shares-XRP-ETP-www.21shares.com_-928x420.png 928w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-707-AXRP-I-21Shares-XRP-ETP-www.21shares.com_-696x315.png 696w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-707-AXRP-I-21Shares-XRP-ETP-www.21shares.com_-1068x483.png 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-707-AXRP-I-21Shares-XRP-ETP-www.21shares.com_.png 1920w" sizes="(max-width: 696px) 100vw, 696px">
Source: <a href="https://www.21shares.com/en-eu/product/axrp" target="_blank" rel="noopener noreferrer nofollow">21Shares</a>
<h5>TA (Technical Analysis) </h5>
So, normally I would give you a TA here. However, looking again at this chart, that’s not really possible. This chart and growth are too explosive to give a halfway reasonable TA.
However, having said that, here’s also a word of warning or advice. Look at the 2017 parabolic candle and how long that lasted. If history repeats itself, we’re back to zero (well, ok, 50 cents to $1) in no time. So, let’s hope that this cycle, $XRP is less volatile.
The last resistance point before mooning is the previous all-time high of $3.40 from back in January 2018. After that, we are in unknown territory.
<img decoding="async" class="aligncenter wp-image-156907 size-large" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-708-XRP-Price_-XRP-Live-Price-Chart-Market-Cap-News-Today-I-CoinGecko-www.coingecko.com_-1024x463.png" alt="$XRP chart" width="696" height="315" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-708-XRP-Price_-XRP-Live-Price-Chart-Market-Cap-News-Today-I-CoinGecko-www.coingecko.com_-1024x463.png 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-708-XRP-Price_-XRP-Live-Price-Chart-Market-Cap-News-Today-I-CoinGecko-www.coingecko.com_-300x136.png 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-708-XRP-Price_-XRP-Live-Price-Chart-Market-Cap-News-Today-I-CoinGecko-www.coingecko.com_-768x348.png 768w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-708-XRP-Price_-XRP-Live-Price-Chart-Market-Cap-News-Today-I-CoinGecko-www.coingecko.com_-1536x695.png 1536w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-708-XRP-Price_-XRP-Live-Price-Chart-Market-Cap-News-Today-I-CoinGecko-www.coingecko.com_-928x420.png 928w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-708-XRP-Price_-XRP-Live-Price-Chart-Market-Cap-News-Today-I-CoinGecko-www.coingecko.com_-696x315.png 696w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-708-XRP-Price_-XRP-Live-Price-Chart-Market-Cap-News-Today-I-CoinGecko-www.coingecko.com_-1068x483.png 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2024/12/FireShot-Pro-Webpage-Capture-708-XRP-Price_-XRP-Live-Price-Chart-Market-Cap-News-Today-I-CoinGecko-www.coingecko.com_.png 1920w" sizes="(max-width: 696px) 100vw, 696px">
Source: <a href="https://www.coingecko.com/en/coins/xrp" target="_blank" rel="noopener noreferrer nofollow">CoinGecko</a>
<h5>How Much $XRP Is $1 Million?</h5>
So, here’s the question that we want an answer to. How many $XRP to become a millionaire? Well, let’s first look at the current $XRP price. That’s $2.59.
<ul>
 <li>So, at the current price of $2.59 you need 386,100 $XRP.</li>
 <li>However, what if $XRP goes to its $3.40 ATH? Now you need 294,118 $XRP.</li>
 <li>And if we see a real push, beyond the current ATH? Let’s say to $4 and $5 respectively. That would be 250,000 and 200,000 tokens.&nbsp;</li>
 <li>And lastly, if we go even higher to what I think could be the max this cycle at $10 then you would only need 100,000 tokens.&nbsp;</li>
</ul>
Right now, I don’t even dare to go higher! But you see, there’s plenty of opportunity. In case you missed it, $XRP flipped both Solana and $USDT over the weekend and on Monday. It finds itself back at the 3rd spot measured by market cap. However, also remember that 2017 chart, where $XRP pumped and dumped hard.&nbsp;
So, what do you think? Will $XRP continue to rise and equal or beat its ATH? Or do you see this as a short-lived pump that will cool down again soon?
<a href="http://patreon.com/altcoinbuzz" rel="noopener noreferrer nofollow"><img decoding="async" class="alignnone size-full wp-image-123701" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1.jpg" alt="" width="1197" height="148" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1.jpg 1197w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-1068x132.jpg 1068w" sizes="(max-width: 1197px) 100vw, 1197px"></a>
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How many $XRP Can Make you a Crypto Millionaire in 2025?

Altcoin Buzz

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