This year, the crypto space has been flooded with many optimistic predictions involving Bitcoin and altcoins’ prices and some of them seemed viable assumptions, others, not that much.
There’s a prediction this week that claims that XRP will be boosting its price by more than 1,000 times and the digital asset will reach $300 by the end of the week.
Well, this really seems a bit far-fetched, but let’s see who’s behind it and what’s the underlying mechanism that led to such a prediction.
ZYCrypto online publication brings up a famous crypto analyst, investor and trader Crypto Rand who reportedly said that XRP would hit $300 by the end of this week.
ZyCrypto also notes that Crypto Rand made his prediction “based on a growth chart from Bitfinex that showed a sharp rise from $0.32 to $0.34 for XRP within an hour as the market started going up in a recovery that started in the late hours of yesterday 16 April.”