XRP Price Prediction: $100M Ripple + XRP Bet From Nasdaq Firm – Is $10 XRP Now Inevitable?
Main Idea
Nasdaq-listed Vivopower invests $100 million in Ripple and XRP, fueling bullish predictions for XRP's price to potentially reach $10.
Key Points
1. Vivopower announced a $100 million investment in Ripple and XRP, acquiring XRP at an implied price of $0.47 per token.
2. The company partnered with Bitgo for the acquisition and custody of XRP tokens, indirectly increasing its exposure to XRP.
3. XRP's price has shown a 1.4% increase in 24 hours, with potential for a breakout to $3.5, supported by corporate investments like Vivopower's.
4. A long-term bullish prediction suggests XRP could reach $10 this year if momentum and corporate investments continue.
5. The article also mentions Maxi Doge (MAXI), a meme coin that has raised nearly $700K, highlighting its presale and investment strategy.
Description
Vivopower is the latest corporation to launch a crypto-based treasury strategy, with a $100 million investment in Ripple, which favors a bullish XRP price prediction. Founded in 2014, this company specializes in building a specific type of electric vehicle for the mining industry and solar energy solutions that power crypto mining operations. In May this year, they launched a private placement to raise more than $120 million to invest in XRP (XRP) as part of a treasury strategy. VivoPower $VVPR ...
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