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Here’s XRP Price if It Reclaims Its Ratio of Bitcoin Market Cap Before SEC Lawsuit

XRP price has the potential to reach a two-digit figure if XRP recaptures the percentage of Bitcoin market cap it held in 2018 before the SEC lawsuit. Amid a broader market pullback from the Federal Reserve`s hawkish stance on the economy, XRP has suffered a huge blow. The altcoin`s price collapsed from a top of $2.72 on Dec. 17 to a floor of $1.96 on Dec. 20, marking a massive 28% decline within four days.XRP recovered from the $1.96 low as a result of the robust support at this level, a region that previously acted as resistance. Despite the rebound, XRP price is still 25% down from the $2.72 peak, currently hovering around $2.16 at press time. XRP Price Underperforms While Bitcoin ThrivesAt this price, XRP`s market cap stands at $132 billion, according to data from TradingView. It bears mentioning that XRP hit an all-time high market valuation of $165 billion on Dec. 3, when its price soared to the seven-year high of $2.9. Before now, the peak valuation stood at $128.5 billion in January 2018.However, despite this cycle`s valuation being greater than the 2017/2018 valuation, it captures a much lower chunk of Bitcoin`s market cap. For context, in January 2018, when XRP`s market cap hit $128.5 billion, Bitcoin had a valuation of $260.05 billion. This indicates that XRP captured 49.4% of BTC`s market cap at the time.This ratio continued to decline considerably as XRP price faced turbulence over the years, while Bitcoin thrived. Further, the SEC lawsuit, which began in December 2020, exacerbated XRP`s underperformance, resulting in the asset missing out on the 2020/2021 bull run. Amid this sustained underperformance , the ratio of XRP`s market cap to Bitcoin`s valuation has plummeted considerably. For instance, at the start of this year, on Jan. 1, XRP only had 3.9% of Bitcoin`s market cap. Notably, at the time, XRP`s valuation stood at $33 billion, while Bitcoin had a market cap of $838 billion.What if XRP Reclaimed Ratio of BTC Market Cap?Interestingly, following the November rally, XRP`s market cap has skyrocketed to new heights. Now, with a market valuation of $132 billion, XRP captures about 6.8% of Bitcoin`s market cap, which now sits at $1.93 trillion. This is still way below the 49.4% ratio from 2018.Nonetheless, market experts believe XRP price will only surge further from here, especially after the ongoing correction ends. If XRP reclaimed the 49.4% Bitcoin market cap ratio, the implications would be massive for prices.For context, 49.4% of the current Bitcoin valuation is $953 billion. Should XRP reach a market cap of $953 billion, its price would skyrocket to $16.6, considering the circulating supply of 57.25 billion tokens. Such a price would mark a 621% increase from the current XRP price. Interestingly, market expert EGRAG had previously projected this price target for XRP. In October, EGRAG leveraged a Linear Regression principle to set three XRP price targets, including $16. CoinOtag

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Cardano And Filecoin Investors Cut Losses But Look To Make It All Back On FXGuys ($FXG)

Are you prepared to profit from this volatile crypto market? The crypto trading sector is active, and investors are looking to profit from the many opportunities that arise from the volatility. However, not many coins are in the green as the entire market slides. Thus, Cardano (ADA) and Filecoin (FIL) investors are turning to a new presale token, FXGuys ($FXG), to cut losses. Keep reading to learn why $FXG dominates this bearish wave with significant gains! >>>JOIN FXGUYS HERE Cardano’s Slow Governance vs FXGuys’ Fast Growth and High Returns Cardano recorded a milestone with the first phase of the Chang Hard Fork in September 2024, creating a foundation for decentralized on-chain governance. ADA holders gained influence over network decisions, underpinned by the Interim Cardano Constitution and Committee, according to its Q3 2024 Messari report. Delegate Representatives were also launched, enabling token holders to delegate the voting powers. The second phase, scheduled for 2025 under CIP-1694, will complete the governance system. In the meantime, Cardano’s DeFi sector grew 13.3% QoQ in TVL , hitting $231.6 million. Meanwhile, ADA traded at $0.88 on December 22, 2024, down 18.65% in the past week. FXGuys outpaces Cardano by offering skilled traders funded accounts with up to $500,000, competitive profit-sharing, and staking rewards with 20% annual returns. Unlike Cardano’s slow governance and sliding NFT activity, FXGuys provides fast, high-growth investment opportunities. Filecoin Struggles Amid AI Hiccups as FXGuys Offers High-Growth Opportunities Filecoin’s FIL recently dropped to reach below $5.05 as the AI sector faced challenges amid a crypto market-wide pullback. The FIL price drop started when Nvidia, a top AI firm, received an antitrust warning from China, causing its stock to lose 5% and impacting Filecoin. Throughout 2024, FIL’s fortunes have closely mirrored those of the AI industry, with Filecoin’s data storage protocol linked to AI developments. Analysts expect the relationship will persist, making FIL’s price movements majorly dependent on trends and developments within the general AI sector. FIL traded at $4.89 on December 23, 2024, down 26.87% in the last week. FXGuys outshines Filecoin by offering trader-funded accounts with up to $500,000, AI-driven tools, and a 50x growth potential with its $FXG presale token. Unlike Filecoin’s dependence on the AI industry, FXGuys offers diverse, high-growth investment opportunities with passive income rewards. >>>JOIN FXGUYS HERE Unlock Funded Crypto Trading Accounts and High Returns with FXGuys FXGuys is a groundbreaking DeFi and PropFi platform that provides skilled traders who succeed in the evaluation stage access to funded accounts with $200,000 to $500,000. If you are skilled exceptionally, the FX Guys Trader Funding Program is ideal for you. This platform lets you benefit from its competitive profit-sharing model, where you retain 80% of the profits from these funded accounts. Among FX Guys’ main features is unlimited access to enhanced analytics, dynamic charts, AI-powered tools, and social trading features. These features let you make informed investment decisions on the platform. Adding to this appeal, FXGuys does not compel you to fill out tedious KYC forms during the registration process, which makes its presale token the best investment, irrespective of your experience in crypto trading. It allows you to invest, trade, and explore different opportunities in the most liquid and active market. Additionally, FXGuys offers you access to more than 100 local currencies, allowing you to execute instant transactions using fiat and crypto. If you want to make money through passive income opportunities, FXGuys offers a staking rewards program. Through this strategy, you can lock up the $FXG tokens and earn 20% returns from the FXGuys annual revenue. Traders earn the percentage regardless of whether their trades are profitable or making losses. Amid the current market, the $FXG tokens can turn $100 into $5,000 according to the 50x growth potential after its launch on the mainstream markets. Therefore, holders can enjoy unique benefits from the FXGuys platform. The $FXGPresale Token: Your Key to Trading Success as ADA and FIL Struggle! While Cardano (ADA) and Filecoin (FIL) continue languishing in the current bearish market, FXGuys ($FXG) sets an advanced standard for crypto trading. With its multiple features, FX Guys helps you thrive, earn, and grow your profits in this highly volatile market. Thus, ADA and FIL investors are turning to $FXG to cut their losses. $FXG is selling in Stage 2 of its public presale. The tokens in this stage are valued at $0.04 each, and investors remain bullish about the presale token, buying massively into its public presale due to its growth potential. Remarkably, $FXG will launch in the main markets at $0.10, promising over a 150% ROI for new Stage 2 investors. Don’t miss out on the chance to make huge profits—join FXGuys today and unlock rewards, funding, and long-term growth opportunities! To find out more about FXGuys follow the links below: Presale | Website | Whitepaper | Socials | Audit Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . CoinOtag