XRP Ripple News: $100B Market Cap Nears, Bitcoin & Ethereum Left Behind!

In the past 24 hours, XRP has surged an impressive 22.6%, outperforming nearly all major cryptocurrencies. While Bitcoin (+1.1%), Ethereum (+7.7%), Solana (+6.7%), BNB (+2.7%), Dogecoin (+1.8%), and Cardano (+9.8%) have seen smaller gains, XRP’s rise stands out.

As of November 21, XRP’s market cap was $62.86 billion. Since then, it’s jumped nearly 25.5%. With this momentum, could XRP be on track to reach a $100 billion market cap? Let’s break it down.

XRP’s Current Price and Market Cap Scenario: An Overview 

On November 5, XRP’s market cap was about $28.61 billion. By November 16, it had risen to $63.77 billion, a 122.89% increase in less than two weeks. As of now, the market cap stands at $79.59 billion—the highest since April 15, 2021. XRP is on the brink of hitting the $80 billion mark, and the bullish sentiment in the market continues to grow.

On November 5, XRP was priced at just $0.5114. By November 16, it had surged to $1.1205, marking an incredible 119.10% increase in under two weeks. In the past seven days alone, XRP has risen by 74.1%.

In the last 24 hours, it outperformed almost every other major cryptocurrency with a 22.6% increase. As of writing, XRP is priced at $1.3935, a level not seen since September 7, 2021.

John Deaton’s $100 Billion Prediction: Is It Possible?

Pro-crypto attorney John Deaton is optimistic about XRP’s future, predicting that its market cap could soon reach $100 billion. He’s not the only one—other influential figures in the crypto world, like attorney Bill Morgan, have also expressed strong confidence in XRP’s potential.

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XRP’s Market Cap History

XRP’s market cap last approached $100 billion on January 3, 2018. During that time, it fluctuated between $106.8 billion and $97.28 billion, with the price reaching $3.1054. By January 8, 2018, the price had dropped to $2.4562. Today, XRP is still about 40% below its 2021 peak of $1.96. But with the current positive sentiment, there’s a good chance XRP could surpass that 2021 high in this bull cycle.

Experts believe that if XRP’s price crosses $1.756, its market cap could hit the $100 billion milestone. This prediction fits with the growing confidence and positive outlook surrounding XRP’s future.

It’s A Long (Bullish) Road Ahead

XRP’s impressive price growth and the optimistic outlook from industry experts show that the coin is gaining strength. With the $100 billion market cap in sight, XRP’s rise signals a significant moment in the cryptocurrency market.

It’s clear that XRP’s future is one to watch closely.

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