Why XRP Could Be 10X Bigger Than Apple And Nvidia, According To Wealth Guru
24 December 2024 - 6:00PM
NEWSBTC
Ripple’s XRP has been the subject of recent media attention, and
for good reason. The cryptocurrency has experienced a significant
increase in 2024, with a gain of over 258% since the start of the
year. XRP’s price had risen significantly from its low of $0.22 in
early 2021 to approximately $2.30 as of mid-December. XRP has now
surpassed stablecoin Tether (USDT) to become the third-largest
cryptocurrency by market capitalization, a testament to its
extraordinary growth. Related Reading: XRP Historic Moment Coming
In 2025? This Crypto Exchange Believes So Linda Jones, a well-known
wealth mentor, has just lately delivered her most current
newsletter, which has generated a great deal of excitement among
members of the international crypto community. The Beginning Of A
New Technology Cycle Jones underscores that we are at the inception
of a new technological cycle. She contends that digital assets are
poised to revolutionize asset tokenization and money, much like the
internet transformed communication. An excerpt from my weekly
newsletter today: Digital assets should outperform tech stocks like
the Magnificent 7 (Apple, Alphabet, Google, Tesla, Meta, Amazon and
Nvidia) by possibly as much as 10x, in my opinion. Why? There are
seven reasons I can think of: 1. We are early… — Linda P. Jones
(@LindaPJones) December 19, 2024 Investors who are prepared to
adopt this emergent asset class may capitalize on substantial
growth prospects as a result of this transformation. Jones
emphasizes that digital assets have historically been the most
successful asset class, with Bitcoin experiencing nearly 30,000%
increase over the past decade and XRP following closely behind with
a 35,000% increase during the same period. Unexploited Market
Potential The current low adoption rate of digital assets is one of
Jones’s most compelling arguments. She observes that only 5% of
individuals worldwide have invested in cryptocurrencies, indicating
a vast untapped market that is awaiting development. Retail
investors are currently better positioned than institutional
players since they cannot fully enter the market because of
regulatory barriers. However, Jones expects that institutional
capital will soon flood the market in response to the expected
regulations on crypto and stablecoins by early 2025. The recent
proposal by US President-elect Donald Trump to exempt capital gains
on digital assets situated in the United States from taxation
serves to bolster this optimism. This policy has the potential to
substantially increase the potential of American projects such as
XRP and Cardano (ADA) by redirecting investments toward them if it
is implemented. Related Reading: Can Ethereum Break $3,500 Before
End Of 2024? Analyst Weighs In A Favorable Political Environment
Political change is also favoring digital assets. Jones notes David
Sacks’ appointment as Crypto and AI czar, citing his pro-crypto
stance as PayPal COO. This leadership change shows a commitment to
promoting cryptocurrencies. $XRP gonna make history next year —
Bitstamp (@Bitstamp) December 20, 2024 Moreover, Congress has
lately grown much more pro-crypto, creating an environment fit for
regulatory clarity and expansion. As XRP and other digital assets
gather pace in front of changing rules and more investor trust,
Jones expects 2025 to be a decisive year for them. Other business
leaders share her feelings; they believe that XRP may become
historical in this year. Featured image from DALL-E, chart from
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