The last 24 hours have been huge for Ripple’s XRP, which just managed to reclaim the third spot on the list of the largest cryptos by market cap from Tether (USDT) after years of being ranked around 5th or 6th place.
Now, with a 24-hour volume surge of over 217% and a market cap of $133.92 billion, XRP is once again the second-largest altcoin. However, experts believe that this is not the end of its rapid ascent and that the coin could hit the value of $3 before Christmas.
Could XRP Hit $3 By Xmas?
The XRP price surge is expected to come for several reasons. One reason is that the coin will find itself in a prosperous market that Bitcoin is expected to create as it surges back up to $100k and potentially beyond.
However, another is the expected rise of XRP meme coins, or meme coins based on Ripple’s network. In fact, a well-known crypto analyst known on X as DonAlt recently said that meme coins on XRP could either be 100x from where they are now or they might completely fail.
The analyst admitted that this is a big risk, big reward opportunity, but he also said that he would take these odds if he had a small balance that he could use.
https://x.com/CryptoDonAlt/status/1863308890542100916
The statement caused quite a few reactions, from people getting angry at the post to supporting this opinion. After all, this was the year of meme coins, and they continue to dominate the industry, regardless of whether they are on Ethereum, Solana, Base, Tron, or some other blockchain, so there is a chance that the same could happen with Ripple-based meme coins. With extra traffic in its network, the XRP price could see a boost as well.
In the meantime, investors are doubling down on highly successful meme coin presales, such as Flockerz (FLOCK), which recently hit a $4 million milestone.
JOIN THE FLOCK ICO AND START EARNING REWARDS TODAY
Flockerz Solved The Decentralization Issue By Offering Voting Incentive
Flockerz is a new meme coin currently still in presale which holds great potential in the meme coin sector thanks to a new model called Vote-To-Earn which it has developed. The project wanted to ensure that its token holders would stay engaged as a community and participate in the token governance.
To achieve this, it started offering rewards for those who vote on various proposals and help it make decisions. By offering rewards in the form of FLOCK tokens, Flockerz all but ensured that users would keep coming back indefinitely and that its decentralization would not be lost if its community became disinterested in voting.
BUY FLOCK WHILE ITS PRICE IS LOW
Meanwhile, token holders have a reason to invest in its token, vote, and stake the tokens they earned through voting, which then gives them additional staking rewards. All of this made the project quite attractive to investors, who pushed its ICO beyond $4.18 million raised as of December 2, and counting.
