cryptojournalist
Grayscale Investments saw its crypto portfolio grow 85% in November, thanks to big altcoin gains. Stellar (XLM) soared 469%, XRP jumped 262%, and Decentraland’s MANA rose 105%. Experts think this might kick off an altcoin season, where altcoins beat Bitcoin in growth.
XRP Could Hit $2.57 by Late 2024
With Bitcoin losing dominance, investors are shifting to altcoins. Analysts predict XRP could hit $2.57 by December 2024, boosted by Bitcoin’s halving and past price trends.
XRP ETF and Regulatory Changes Could Help
An XRP ETF is in the works, with 21Shares filing an application in November. Regulatory shifts, like SEC Chair Gary Gensler stepping down in January, could also open doors to more crypto-friendly rules, helping altcoins thrive.
