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Crypto

XRP not even started yet, Tesla-level innovation leaves room for $1,000

A well-known software engineer in the cryptocurrency community said XRP’s price does not fully reflect its technical potential and raised the possibility of a big long-term rise. Vincent Van Code said he first bought XRP at about $0.50 in 2021 and has made about a 300 percent gain at current prices around $1.40. He said research into the XRP Ledger strengthened his conviction. Some investors disagreed, citing slower gains than other tokens. Van Code said XRP has risen more than 200-fold over 10 years and suggested $100 to $1,000 after 2030.

Crypto

XRP posts bigger drop than BTC, ETH; what is behind the slump?

XRP has recorded the biggest decline during a recent broad slide in the cryptocurrency market, raising investor concerns. Reports said it fell as much as 13.31 percent on a weekly basis, a drop larger than BNB and Cardano. Some experts and community figures argued large holders are intentionally pushing prices down as XRP is seen as a threat to bitcoin and ether, though the view is not confirmed. Traders are watching support levels and large-wallet flows.