{"id":619017,"date":"2025-01-17T15:18:48","date_gmt":"2025-01-17T15:18:48","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=619017"},"modified":"2025-01-17T15:18:48","modified_gmt":"2025-01-17T15:18:48","slug":"xrp-could-overtake-ethereum-to-become-top-altcoin-by-next-month-driven-by-trump-effect-xrp-etf-launch-messari-says","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/xrp-could-overtake-ethereum-to-become-top-altcoin-by-next-month-driven-by-trump-effect-xrp-etf-launch-messari-says","title":{"rendered":"XRP Could Overtake Ethereum To Become Top Altcoin By Next Month, Driven by Trump Effect, XRP ETF Launch, Messari Says"},"content":{"rendered":"
XRP could overtake Ethereum (ETH) to become the new altcoin leader within the next month, driven by the Trump effect and a potential XRP ETF (exchange-traded fund) launch, according to Messari analyst Sam Ruskin.<\/span><\/p>\n “We are currently seeing a lot of front-running of this price movement, but I expect <\/span>XRP<\/span><\/a> to surpass ETH after Trump’s inauguration,” Ruskin said in a Jan. 16 X post.<\/span><\/p>\n Ruskin predicts the XRP price could soar between 35% and 50% in the month after Trump enters the White House. Ethereum’s market capitalization stands at $415.3 billion right now with XRP currently lagging well behind at $187.4 billion.<\/span><\/p>\n <\/p>\n According to Ruskin, several metrics suggest Ethereum is currently overvalued. Most notably, open interest for the largest altcoin by market cap is at a historical peak, while ETH’s price is more than 30% down from its all-time high of $4,800. He added that this disconnect between ETH’s open interest and price suggests low on-chain demand.<\/span><\/p>\n https:\/\/t.co\/fOOg9tbySB<\/a><\/p>\n — Sam Ruskin (wartime arc) (@CryptoSam01) January 16, 2025<\/a><\/p><\/blockquote>\nXRP Has Much Healthier Open Interest Compared To ETH<\/span><\/h2>\n
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