Altcoins Surge Toward $1 Trillion, XRP, DOGE, ADA, and XLM at the Forefront

XRP has been predicted to hit a $1 trillion market cap this cycle alongside Stellar Lumens (XLM), Dogecoin (DOGE), and Cardano (ADA).

An analyst has predicted that DOGE could hit $20 this cycle by strongly reacting to the upcoming US presidential inauguration and other macroeconomic factors.

CoinMarketCap’s Altcoin Index dropped two points to 45/100 on January 13, 2024 and now is at 47/100. Yet yesterday, we wrote that XRP, DOGE, ADA and XLM will boast assets which are supposed to shine, as the valuations of $1 trillion mark for the first time.

XRP

After more than $20 billion in just 24 hours, XRP is the new kid on the blockchain, currently at a market cap of $164 billion. Our market data shows that the asset has gained 8% in 24 hours, on which its price is $2.8. In a fascinating development, analyst Dark Defender suggests the asset could reach $18 by mid 2025. That math could put the market cap above $1 trillion.

DOGE

At press time, DOGE also had a market cap of $53 billion and a price of $0.352. The meme coin has fallen in the last 24 hours by 0.47%. But analyst Javon Marks anticipates an explosive rebound to $20. He said that DOGE saw 90x in the 2017 cycle and made an astonishing 306x in…