A well-known crypto analyst, Del Crxpto, has boldly predicted that during the next bull run, Shiba Inu (SHIB) will secure a spot among the top five cryptocurrencies. In a recent tweet, he expressed his confidence in this projection.
Furthermore, the influencer within the cryptocurrency community expressed assurance that the upcoming surge in market value would elevate XRP's ranking back to the top three cryptocurrencies with the largest market capitalizations.
Del Crxpto made claims that caught the attention of the crypto community, as many believed the projection to be feasible. A crypto supporter expressed positivity towards the outlook, citing the recent applications for exchange-traded funds (ETFs).
The hopeful individual anticipated a substantial increase in market caps with the approval of ETFs, potentially reaching twice or even three times the levels observed in the previous bullish period.
Despite the possibility of ETF approvals, Del Crxpto expressed confidence that the upcoming Bitcoin halving would be the primary driver of a projected bull run. He suggested that this event alone could have a significant impact on the market, resulting in the anticipated revival of Shiba Inu and XRP.
CoinMarketCap's data reveals that XRP is among the top four most important cryptocurrencies, with only one spot away from reaching the top three.
A well-known crypto influencer had previously shared their opinion that XRP should hold the third spot among cryptocurrencies. This statement was made when XRP was ranked at the sixth position.
Thanks to Judge Analisa Torres' recent regulatory decision, XRP has climbed to fourth place, trailing only behind Tether USD (USDT), Ethereum (ETH), and Bitcoin (BTC) in the market.
At present, XRP lags behind USDT and would require an investment of almost $50 billion to surpass its current market cap of $37 billion. Despite this seemingly daunting figure, there are experts who predict that XRP's market cap could exceed a trillion dollars during the next bullish market trend.
In contrast, the market cap of Shiba Inu is currently at $4.6 billion. To surpass BNB, which is currently in fourth place, Shiba Inu's market cap would need to increase by 703% to reach $37 billion.
If Shiba Inu experiences a significant surge, it could potentially trade at around $0.0000631. This would result in the removal of one of the leading zeros in its current value. However, this prediction is based on the assumption that the circulating supply of 589 trillion remains constant. Additionally, for Shiba Inu to surpass Binance Coin (BNB), the market capitalization of BNB must not increase during this timeframe.
HYIPer.net » Del Crxpto Says Shiba Inu Will Step into Top 5 While XRP To Surpass USDT in Next Bull Run
