This year, the crypto space has been flooded with many optimistic predictions involving Bitcoin and altcoins’ prices and some of them seemed viable assumptions, others, not that much.
There’s a prediction this week that claims that XRP will be boosting its price by more than 1,000 times and the digital asset will reach $300 by the end of the week.
Well, this really seems a bit far-fetched, but let’s see who’s behind it and what’s the underlying mechanism that led to such a prediction.
ZYCrypto online publication brings up a famous crypto analyst, investor and trader Crypto Rand who reportedly said that XRP would hit $300 by the end of this week.
ZyCrypto also notes that Crypto Rand made his prediction “based on a growth chart from Bitfinex that showed a sharp rise from $0.32 to $0.34 for XRP within an hour as the market started going up in a recovery that started in the late hours of yesterday 16 April.”
You can see his tweet below.
$XRP to $300 before the end of the week! pic.twitter.com/LeM4SiXsuP
— Crypto Rand (@crypto_rand) April 17, 2019
It’s true that XRP has been among the top gainers in this recovery movement which experts say it’s most likely to continue and boost Bitcoin’s price and the ones of the other digital assets as well.
If the prediction above holds, this would be genuinely mind-blowing, and it would mean that things are moving much faster than ever expected.
XRP has been enjoying a lot of achievements and enhanced adoption
In other news, XRP has been doing great lately in terms of adoption.
XRP has been recently integrated into WooCommerce which powers about 3.3 million online stores, and this definitely boosted adoption of the coin.
Ripple’s digital asset has also been integrated into Microsoft Outlook and Gmail as well where it can be used for micropayments.
Uquid startup has also announced that customers will be able to use XRP for payments.
The latest reports state that Skype could be the next platform to integrate XRP.