logo
welcome
CoinGape

CoinGape

Ripple token could skyrocket to $1000 if Donald Trump creates a reserve instead of Bitcoin

CoinGape
Summary
Nutrition label

60% Informative

XRP price could skyrocket to $ 1000 if Donald Trump created an XRP reserve instead of a Bitcoin reserve.

Ripple token recently recovered from years -long consolidation, setting a seven-year high at $ 3.8 .

Bitcoin is the biggest asset in the market, catering to a trillion in market capitalization, but demand for XRP is no lesser.

XRP token is currently under consolidation, but high trading volume could result in a new high.

The formation of Bitcoin reserve has been in discussion ever since Donald Trump ’s win in the US election.

Ripple token may turn into the most bullish cryptocurrency on the market, with the price hitting $ 1000 .

If that happens, its market cap will become $56.64 trillion , nearly five times Bitcoin ’s.

XRP is moving under consolidation, losing 3% today , but a bullish move amid high trading volume could help it reach a new high.

VR Score

46

Informative language

40

Neutral language

49

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links