Trump's Reserve Boosts Ripple Price
This is a XRP news story, published by CoinGape, that relates primarily to Donald Trump news.
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•Ripple token could skyrocket to $1000 if Donald Trump creates a reserve instead of Bitcoin
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.
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