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Home Cryptocurrency

Gary Cardone Hints at Major XRP Surge: Expectations Rise Among Investors

Emma Veress by Emma Veress
17 October 2024
in Cryptocurrency, News
Reading Time: 3 mins read
0
XRP on the verge of a breakout inspired by Gary Cardone is cryptic message. The central focus is the XRP logo ascending

Crypto expert Gary Cardone has sparked excitement in the XRP community with a cryptic message, hinting at a major breakout for the digital asset. Cardone’s comments have raised expectations for an upcoming price surge, creating a buzz across the XRP investor base.

In a notable social media post, Gary Cardone implied that XRP is on the verge of a significant movement. His cryptic message—“XRP – LAUNCH PAD: Green… Proceed with launch codes”—has stirred anticipation, suggesting that XRP might soon experience a major upward leap. The post has quickly gained traction within the XRP community, with many interpreting Cardone’s military-themed metaphor as a signal of a potential price increase.

Table of Contents

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  • A Cryptic Message and Potential for a Price Jump
  • Community Reactions
  • The Future of XRP

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A Cryptic Message and Potential for a Price Jump

Cardone’s post, filled with military-themed metaphors, has fueled speculation about a possible rise in XRP’s price. Despite recent fluctuations, Cardone’s statement has reignited hope among investors, even as XRP recorded a slight 2.3% gain on the daily chart but still showed a 0.17% decline overall. His message, however, has shifted focus back to XRP, sparking conversations across the crypto space.

For investors who bought XRP a month ago, the 0.5438 dollar mark has translated into a 4.5% loss, while those who invested a year ago have seen only 9.9% returns. Despite these discouraging figures, Cardone’s bold prediction has raised expectations for a potential big move in the near future.

In the last 24 hours, XRP hit a low of $0.5423 and peaked at $0.5636—a 2.2% increase. XRP’s market capitalization stands at $31.55 billion, with a 24-hour trading volume of $1.77 billion, indicating sustained interest in the asset.

XRP on the verge of a breakout. The XRP logo is the central focus with subtle upward arrows indicating gr

Community Reactions

Cardone’s post has quickly resonated with the XRP community. Many investors have taken his comments as a sign of positive developments on the horizon, while others remain more cautious. Cardone’s infrequent commentary on XRP—with only three mentions this year—has added to the intrigue surrounding his recent post.

Prominent XRP supporter Zach Rector backed Cardone’s statement, remarking that “Gary is boarding the XRP train.” Meanwhile, not everyone shares the same optimism. Bitcoin advocate David Branscum criticized Cardone’s positive outlook, arguing that such commentary doesn’t reflect XRP’s true value. Branscum went so far as to call XRP “worthless,” with some users also pointing out that XRP has been stuck around the $0.50 range for a prolonged period.

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The Future of XRP

Cardone’s cryptic message has raised questions about the future of XRP, while also refocusing investor attention on the digital asset. Although XRP has faced multiple challenges over the years, including a volatile price history, the prospect of a substantial price rise continues to linger.

While there are no concrete developments to back Cardone’s predictions at this point, his message has created a wave of optimism within the XRP community. Whether XRP is truly on a “launch pad” for a breakout remains to be seen, as its future performance will likely be shaped by market conditions and regulatory developments.

For more updates on XRP and other crypto news, visit Turkish NY Radio.

Tags: crypto marketGary Cardoneinvestor sentimentprice surgeXRP
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Emma Veress

Emma Veress

Finance Writer Hello there! My name is Emma, and I'm a daily breaking news journalist covering finance, economics, and crypto on a global scale. I graduated from Eötvös Loránd University with a degree in Communication and Media Studies MA, where I gained a passion for storytelling and analysis. As a journalist, I'm dedicated to providing my readers with accurate and timely news on financial and economic events happening around the world. I believe that by delivering high-quality journalism, I can help people make informed decisions about their finances and investments.

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