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XRP $100 Target: Financial Expert Sheds Light On The Claim

XRP has taken the spotlight as Linda P. Jones, a well-known figure in finance, recently sparked conversations within the cryptocurrency community. Her remarks about the altcoin’s potential price movement have generated significant buzz, drawing attention to the digital asset’s future prospects. In a recent podcast session, she discussed the conjecture over her opinion that XRP might attain a value of $100. She said that certain media outlets misconstrued her comments. Related Reading: $7,000 Ethereum In Sight? Expert Breaks Down The Potential Path Clarifying Misunderstandings Jones explained that she never provided a timeframe for when XRP would hit $100. She urged her audience to concentrate on the overall context of what she was delivering rather than getting sucked into dramatic headlines. Her purpose was to foster discussion about long-term potential within cryptocurrencies such as XRP and not to try to predict their short-term value. Today’s Be Wealthy & Smart podcast: Discover if I said XRP was going to $100 this year (and if I didn’t say it, what I did say).https://t.co/F9BT3vJKmk#BeWealthyandSmartPodcast #podcast #investing #investingpodcast #invest #financial #XRP #Crypto — Linda P. Jones (@LindaPJones) January 10, 2025 Historical Context And Current Value Jones talked about her investment journey in terms of how much $100 worth of XRP could buy. She could buy about 400 units at $0.25 each with the money she put in. Today, she can see that the same amount of money will only buy about 44 XRP, which are worth about $2.20 each. XRPUSD is currently trading at $2.47. Chart: TradingView The Future Of XRP With the current trading price, Jones remains optimistic about the future of XRP. She highlighted that current changes in regulation can create a better environment for cryptocurrencies. Over time, once governments and financial institutions begin to take on digital assets, it will be an upward price trajectory. According to Jones, the more people become knowledgeable and accept cryptocurrencies, assets such as XRP will become critical in the financial world. Related Reading: XRP Scores A Lower High Break On Daily – ATH Next? She also added that, usually, historical trends in the cryptocurrency space often have dramatic price increases right after periods of regulatory clarity and general market acceptance, giving the investors a chance to look beyond immediate price fluctuations and towards the long-term viability of their investment. As the year 2025 progresses and people’s ideas about digital assets change, Jones’s views will continue to shape talks about the future of altcoins. Even though it’s not clear if XRP will be able to reach such high prices, investors and fans will be closely following its progress. Featured image from Forbes, chart from TradingView U.Today

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Ignorant Traders Avoiding Bitcoin Have ‘Catastrophic’ View on Markets, Says Fundstrat’s Tom Lee

Fundstrat chief investment officer Tom Lee says those who turn a blind eye to Bitcoin likely believe that BTC will eventually plunge all the way down to zero. In an interview on the Global Money Talk YouTube channel, Lee says Bitcoin has proven its staying power after over a decade of existence. He also notes that it’s now very unlikely for Bitcoin to vanish, given that the incoming Trump administration has repeatedly expressed its support for the largest crypto by market cap. “I think that it’s probably better to just observe a few things. One is Bitcoin has now been around for 15 years, and there has not been a Bitcoin 2.0. So there’s no crypto 2.0, Bitcoin is the surviving chain. And Bitcoin has become a $2 trillion asset which never in financial history has anything reached $2 trillion and then disappeared. It’s a different argument if it was $100 billion. Third is the US government [has] reiterated its commitment to make Bitcoin a strategic reserve asset. That’s not bad for the price of Bitcoin. So if someone is watching this and said, ‘Well, they don’t understand Bitcoin so they decide not to own it.’ It’s a catastrophic way to look at markets.” Lee also believes that the macroeconomic backdrop appears to be acting as a tailwind for risk assets like stocks and crypto, at least for the first half of the year. He adds that his bullish stance is supported by jittery market sentiment and the massive amount of cash still waiting in the wings. “There is probably room for more positive surprises in the first half because we have an incoming president that’s very pro-business, probably the most pro-business president in modern times. And with, so far, the cabinet selections that the market is very happy with. So that should be providing room for investors to become optimistic which they call ‘animal spirits.’ And the second tailwind is that the Fed is dovish. And what that means is that the central bank is easing. So that’s positive for stocks. The third is investors are cautious because almost everyone we talked to thinks valuations are expensive or because we’ve had two good years, [the next year] has to be bad. So we know sentiment is cautious. Usually when people are cautious, then you bet against the caution. And the fourth is that we know mechanically there’s a lot of cash on the sidelines. There’s a lot of firepower – $7 trillion of cash on the sidelines. So I would see this as positive for the first half of [this] year.” Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/WhiteBarbie/DDevecee The post Ignorant Traders Avoiding Bitcoin Have ‘Catastrophic’ View on Markets, Says Fundstrat’s Tom Lee appeared first on The Daily Hodl . U.Today