{"id":36620,"date":"2025-01-17T08:42:52","date_gmt":"2025-01-17T08:42:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=36620"},"modified":"2025-01-17T08:42:52","modified_gmt":"2025-01-17T08:42:52","slug":"ripple-xpr-price-explosion-bullish-bitcoin-btc-predictions-and-more-bits-recap-jan-17","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=36620","title":{"rendered":"Ripple (XPR) Price Explosion, Bullish Bitcoin (BTC) Predictions, and More: Bits Recap Jan 17"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Ripple (XRP) neared its ATH while its market cap surged past $190 billion. Analysts see the price rising to as high as $15.
\nBitcoin (BTC) hit $102,000, boosted by market optimism and potential pro-crypto policies tied to Trump\u2019s upcoming presidency.
\nShiba Inu (SHIB) rose 10%, possibly fueled by meme coin market recovery and milestones on its Shibarium network.<\/p>\n

<\/a><\/span><\/h2>\n

XRP Goes Wild<\/h2>\n

Ripple\u2019s native token has been on fire lately, with its price soaring by 45% in the past week. On January 16, XRP <\/span>reached<\/span><\/a> $3.39, thus standing just 1% away from its all-time high registered at the start of 2018.<\/span><\/p>\n

<\/a>XRP Price, Source: CoinGecko<\/p>\n

The asset\u2019s market cap briefly surged to almost $195 billion, currently <\/span>standing<\/span> at around $191 billion (per CoinGecko\u2019s data). To put things into perspective, well-known corporations such as Goldman Sachs, Walt Disney, and Philip Morris <\/span>have<\/span><\/a> similar capitalizations.\u00a0<\/span><\/p>\n

The potential factors fueling XRP\u2019s substantial rally include recent whale accumulation, hype around the political changes in the USA, growing network adoption, and more. Those willing to dive deeper can find further details <\/span>here<\/span><\/a>.<\/span><\/p>\n

Many analysts believe XRP has much more room for growth, claiming that a new ATH is just a matter of time. The popular X user CRYPTOWZRD <\/span>set<\/span><\/a> a short-term target of $4 and <\/span>then<\/span> a possible rise to $8.\u00a0<\/span><\/p>\n

Ali Martinez chipped in, too. Earlier this week, he <\/span>assumed<\/span><\/a> that XRP\u2019s price could skyrocket to $10, while shortly after, he <\/span>suggested<\/span><\/a> that an explosion to as high as $15 is also possible.\u00a0<\/span><\/p>\n

BTC is Back Above $100K<\/span><\/h2>\n

Despite charting less substantial gains than XRP, the primary cryptocurrency is also <\/span>well in the<\/span> green on a seven-day scale. Bitcoin (BTC) <\/span>currently<\/span> trades at over $102,000, which is serious progress considering the brief plunge below $90K less than a week ago.
\n<\/span><\/p>\n

<\/a>BTC Price, Source: CoinGecko<\/p>\n

Captain Faibik and Mikybull Crypto are among the X users who expect further gains <\/span>in the near future<\/span>. The former forecasted<\/a> a new ATH by late January, whereas the latter believes that exceeding the resistance level of $99K could have initiated \u201cthe thrill and euphoria\u201d psychological market phase.\u00a0<\/span><\/p>\n

\u201cThis is the phase where everything pumps, especially alts,\u201d Mikybull Crypto added.<\/span><\/p>\n

Meanwhile, the crypto community eagerly anticipates Donald Trump\u2019s inauguration as America\u2019s 47th <\/span>President<\/span>, which is scheduled for January 20.<\/span><\/p>\n

The Republican <\/span>made<\/span><\/a> numerous pro-crypto promises during his presidential campaign that could benefit BTC and the entire market. Recent reports have also <\/span>indicated<\/span><\/a> that Trump \u201cplans to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration.\u201d\u00a0<\/span><\/p>\n

According to a New York Post <\/span>coverage<\/span><\/a>, the upcoming president <\/span>is open to the idea of establishing a cryptocurrency reserve that prioritizes digital assets like Solana (SOL), Ripple (XRP), and USD Coin (USDC). The entities behind those coins are all based in the US.<\/span><\/p>\n

How\u2019s SHIB Doing?<\/span><\/h2>\n

Lastly, we will touch upon the popular meme coin Shiba Inu (SHIB), which has also made waves recently. Its price has risen over 10% in the past week and is currently trading at approximately $0.000239.\u00a0<\/span><\/p>\n

<\/a>SHIB Price, Source: CoinGecko<\/p>\n

Its resurgence coincides with an overall revival of the meme coin sector where Dogecoin (DOGE), <\/span>dogwifjhat<\/span> (WIF), Floki Inu (FLOKI), and many others are well in the green.\u00a0<\/span><\/p>\n

SHIB\u2019s pump <\/span>also<\/span> comes mere days after the project\u2019s layer-2 scaling solution \u2013 Shibarium \u2013 hit a new milestone. As <\/span>CryptoPotato<\/span><\/em> reported<\/span><\/a>, the total number of transactions processed on the network surpassed 800 million.<\/span><\/p>\n

The post Ripple (XPR) Price Explosion, Bullish Bitcoin (BTC) Predictions, and More: Bits Recap Jan 17<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Ripple (XRP) neared its ATH while its market cap surged past $190 billion. Analysts see the price rising to as high as $15. Bitcoin (BTC) hit $102,000, boosted by market optimism and potential pro-crypto policies tied to Trump\u2019s upcoming presidency. Shiba Inu (SHIB) rose 10%, possibly fueled by meme coin market recovery and milestones […]<\/p>\n","protected":false},"author":0,"featured_media":36621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-36620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/36620"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36620"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/36620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/36621"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}