It looks like the XRP price has hit a new all-time high. This is because positive news trends continue to strengthen the fundamentals.
XRP surged to $3.33 on Thursday after the New York Post reported that President Donald Trump embraced the idea of a U.S. cryptocurrency reserve. This includes assets such as XRP and Solana.
Breaking news check: Trump considers US crypto reserve, may prioritize coins like Solana and $XRP- pic.twitter.com/Lwix7XGrHx
— CoinTelegraph (@Cointelegraph) January 16, 2025
This comes after other reports indicated that Donald Trump’s SEC could halt all crypto enforcement actions. Essentially, it confirms that the agency can withdraw or settle its lawsuit against Ripple, XRP’s parent company.
Is it too late to buy XRP?
XRP is without a doubt the most powerful large-cap cryptocurrency on the market. For no reason, the XRP/BTC ratio has increased 33% over the past week and 42% over the past month, even though Bitcoin is trading at $100,000.
while donald As Trump prepares to be sworn in on January 20, experts are skeptical about any mention of Ripple or the US cryptocurrency reserve. In his inaugural speech?
It is also questionable whether the US Congress will approve a crypto reserve including such volatile altcoins as Solana and XRP. Experts are still not convinced about the feasibility of the Bitcoin Strategic Reserve, with bettors from Polymarket giving only a chance. only 48%
This level of support from the new president could make XRP a top choice. For institutional investors
Additionally, the incoming SEC, led by pro-crypto Paul Atkins, has already benefited Ripple. All encryption possible It hints that the Ripple-SEC lawsuit is over.
Basically $XRP It’s not safety anymore! https://t.co/aZDtQdR8hp
– Ali (@ali_charts) January 15, 2025
The new commission could also approve a spot XRP ETF, which JPMorgan analysts believe could increase XRP’s market value by as much as $8 billion in the first year alone.
However, a number of bulls are beginning to profit. This indicates that it may now be too late to buy XRP. For example, famous trader Crypto Tony revealed that he had made some profits at $3.1, even though he expected the token to go up to $3.84.
$XRP – US Dollar – The update played out perfectly. I lost some profit here. pic.twitter.com/JuUWqRPLul
— CryptoTony (@CryptoTony__) January 16, 2025
Another famous analyst Crypto Prime Reveals that he will close his current long position at $3.40.
It would now be prudent for sidelined investors to wait for XRP to drop before expanding into long positions, however, it is still a great long-term investment. Many expect it to peak at $10 in 2025.
Are AI Agent Coins the Best Crypto to Buy Right Now?
While XRP’s current rally may have reached its exhaustion point, But AI agent coins don’t appear to be running out of steam any time soon.
VIRTUAL, AI16Z and AIXBT continue to expand their profits. Meanwhile, new AI agent Moby hits $100 million market cap in 3 days
Another new AI meme coin — Mind of Pepe (MIND) — More than $1.5 million was raised on the first day of the ICO, signaling greater potential.
Mind of Pepe is a self-developed and sovereign AI agent with a self-managed X and Telegram account. The same goes for digital wallets.
$MIND holders receive real-time market intelligence. Alpha Trading Strategy as well as sentiment and technical analysis. With cutting-edge AI technology and community data They may get discounted access to new crypto coins that Mind of Pepe launches.
MIND also has its own staking group. This is a feature missing from many AI meme coins. Early buyers are already generating significant passive income. Currently the APY is over 1,000%.
Considering the strong latent demand for the new AI meme coin, it is no surprise that experts are calling Mind of Pepe the next 10x cryptocurrency.
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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to serve as legal, tax, investment, or financial advice.
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