• Written by: Abdulkarim Abdulwahab
  • Fri, 21 Jul 2023
  •   United States

AJ from BitBoy Crypto’s Youtube channel projects XRP price post-SEC lawsuit victory, foreseeing a potential surge of even $6 to $11 by 2025 bull run. In a recent episode of BitBoy Crypto’s YouTube channel, host AJ from the Price Prediction Department made some astonishing projections for the price of XRP. The catalyst for this newfound […] The post Crypto Analyst Forecasts XRP Surge to $11, Says $1.5T Market Cap Possible first appeared on The Crypto Basic.

Crypto Analyst Forecasts XRP Surge to $11, Says $1.5T Market Cap Possible

AJ from BitBoy Crypto’s Youtube channel projects XRP price post-SEC lawsuit victory, foreseeing a potential surge of even $6 to $11 by 2025 bull run.

In a recent episode of BitBoy Crypto’s YouTube channel, host AJ from the Price Prediction Department made some astonishing projections for the price of XRP.

The catalyst for this newfound optimism was the news that XRP had successfully  won its legal battle against the US regulator, resulting in astonishing price gains within a few hours of the ruling.

Analyzing XRP Technological Underpinnings

Intrigued by this turn of events, AJ shifted his focus to the potential future value of XRP during the next bull run. AJ delved into XRP’s tokenomics and technological underpinnings to analyze the potential trajectory.

He provided a brief overview of XRP’s origins, highlighting that it launched in 2012 with a pre-mined supply of 100 billion coins.

He noted that rather than relying on traditional consensus mechanisms, XRP utilizes the  XRP Ledger Consensus Protocol . Through a unique node list, XRP’s approach allows validators to achieve consensus by agreeing or disagreeing, comparing blocks every three to six seconds.

While some argue that  XRP is deflationary

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