The post XRP Headed to $100? Analyst Points to Michael Saylor Claim appeared on BitcoinEthereumNews.com.

The crypto market has grabbed quite a momentum in the last few days, moving parallel with Michael Saylor’s forecasts. However, today, the market had a break, where it faced a minor downtrend. As a result, the global market cap is down by 1.17%, currently at $2.37 Trillion, and the trading volume has declined 13.21% to $64.5 Billion. This drop’s impact is also visible in the altcoin, including XRP price, which had steady growth over the week but not anymore. However, this is quite common for this Ripple token, as it has disappointed the holder for seven years now. However, the favorable situations are not far, as the new updates like the Grayscale beginning XRP Trust, Ripple Vs SEC lawsuit reaching an end, possible listing on the crypto exchanges, etc, are to bring heavy gains. Based on this and a few other factors, especially Michael Saylor’s claim, a crypto analyst has forecasted the Ripple price to hit $100. Michael Saylor’s Predictions Indicate at XRP Price Rally Michael Saylor is a prominent figure in the crypto industry due to his unwavering support for Bitcoin. This support is visible in his company, Microstrategy, which has been buying BTC for years. With this, it has become the largest corporate holder of crypto assets. Michael is also widely followed by crypto investors due to his constant predictions about the crypto market. That is why one crypto analyst, Rietveld, analyzed Michael Saylor forecast, where he claimed that Bitcoin would become 7% of the world economy.  BREAKING: $XRP WILL HIT $100! Michael Saylor pic.twitter.com/NCeYTXhYyf — Levi | Crypto Crusaders (@LeviRietveld) September 25, 2024 Based on this forecast, the Bitcoin price will rise to $14 Million with an annual growth rate of 44%. Additionally, this will boost the entire growth market, making it worth $546 trillion. This prediction…

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Filed under: News - @ September 26, 2024 5:17 pm