mer 02 Oct 2024 ▪
3
min reading ▪ by
Eddy S.
Q4 of 2024 promises to be exciting for the crypto market. On the one hand, XRP could see its price explode, on the other hand, a new competitor is about to captivate the attention of investors with forecasts of a 3,500% increase. Will investors turn their backs on Ripple (XRP)?
The rise of XRP: a repetitive phenomenon in the crypto universe
Looking at historical data, we see that XRP has often seen significant gains in the fourth quarter of each year. Indeed, over the years, the price of XRP has often climbed when Ripple’s technology is adopted by the traditional financial sector and crypto investors are therefore keeping a close eye on the trends at the end of 2024.
Recent charts show that this trend could indeed repeat itself this year. Therefore, traders are expecting another dramatic rise, similar to that of 2017, when XRP surged more than 1,300% in three months. With such a history, the enthusiasm is palpable among crypto enthusiasts.
A competitor ready to dethrone Ripple (XRP)!
However, while all eyes are on XRP, RCO Finance (RCOF) is preparing to make waves in the crypto sector. Nicknamed the “Ripple killer”, this DeFi project which combines decentralized finance and artificial intelligence, is preparing to experience an explosion of 3500%! But will it be enough to dethrone Ripple (XRP)?
Despite this 3500% explosion, crypto investors will certainly have a preference for XRP. Indeed, Ripple benefits from strong institutional adoption, proven infrastructure, and a well-established reputation in the international payments industry, making it more attractive and reliable for long-term investors.
Finally, the end of 2024 promises to be a turning point for crypto. On the one hand, XRP could experience a spectacular rise, attracting many investors. On the other hand, a rival is ready to take everything with its impressive growth forecasts, making the sector even more dynamic. Cryptocurrency enthusiasts therefore have something to be excited about for the months to come!
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Basically a crypto community manager, I am interested in everything directly or indirectly related to blockchain and its derivatives. In order to share my experience and raise awareness of a field that fascinates me, there is nothing better than writing articles that are informative and relaxed at the same time.
DISCLAIMER
The comments and opinions expressed in this article are those of the author alone, and should not be considered investment advice. Do your own research before making any investment decisions.
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