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XRP Price Rally To Challenge Ethereum Dominance

Oct 22, 2024 pm 09:38 PM
xrp Price Prediction Ethereum

Ben Armstrong, also known as The BitBoy, recently shared a bullish forecast for XRP price, saying that the crypto could hit $16 or higher.

XRP Price Rally To Challenge Ethereum Dominance

A popular crypto influencer has predicted that XRP will rally to $16, potentially outperforming Ethereum in the upcoming bull run. Here's why.

Key Takeaways

A renowned crypto figure predicts XRP will rally to $16.

The influencer believes XRP will ‘flip’ Ethereum by market cap by 2025.

He attributes XRP’s bullish outlook to its unique use cases in global banking.

Amid a flurry of developments surrounding Ripple, XRP price has been closely watched by investors. Now, a renowned figure in the crypto market has predicted that the crypto will rally to $16, potentially outperforming Ethereum in its run.

The influencer, Ben Armstrong, also known as The BitBoy, recently shared his bullish forecast for XRP price. In a recent video, he said that XRP could hit $16 or even higher. He specifically mentioned the possibility of XRP “flipping” Ethereum by market cap by 2025, potentially hitting $16.50 and $22.

Notably, Armstrong's bullish outlook for XRP stems from the crypto's unique use cases in the global banking sector, which he believes sets it apart from Ethereum and other cryptocurrencies.

“XRP isn’t competing with ETH—it’s in a league of its own,” said Armstrong. While Ethereum is facing competition from other Layer-1 blockchains, XRP is securing partnerships with major institutions for cross-border payments and liquidity solutions.

“This is why XRP will 25-30X and out-perform every crypto in the upcoming bull run. XRP has not seen a run yet, but when it does, it will lead to the long anticipated flippening of ETH,” he added.

It is worth noting that XRP briefly overtook ETH in 2018, a scenario that Armstrong expects to repeat in the near future. He cites several conditions that he believes will drive XRP's performance, including the upcoming bull run, institutional demand, and the lack of competition for XRP's use cases.

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