• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin, Kaspa, and XRP: Analysis by Tommy Does Crypto

user avatar

by Giorgi Kostiuk

a year ago

Analyst Tommy Does Crypto shares his thoughts on current trends in the cryptocurrency world, focusing on Bitcoin, Kaspa, and XRP.

Market Expectations for Bitcoin

Tommy Does Crypto highlights the resistance level of Bitcoin around $100K and predicts potential fluctuations between $90K and $100K by the end of December. The analyst believes this could lead to a breakthrough of the psychological $100K mark.

The Case Against Investing in XRP

The analyst notes XRP's recent achievements, including its 4X increase over the last 30 days and its capitalization reaching $139 billion. However, he raises concerns about XRP's centralization and suggests considering an exit at current prices.

Current XRP prices may present an optimal exit opportunity.

Bullish Outlook on Kaspa

Tommy emphasizes Kaspa’s innovative solutions for security, scalability, and decentralization. He entered the project at $0.03, and it is currently trading at $0.15. The analyst projects further growth to $2-$5 during the current bull cycle.

Tommy Does Crypto encourages conducting independent research on Kaspa and warns against investing in centralized cryptocurrencies like XRP.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Polymarket Expands Language Options to Enhance Global Accessibility

chest

Polymarket is testing a multilingual adaptation of its website to enhance global accessibility.

user avatarMaria Gutierrez

Polymarket Faces Market Uncertainty Amid Lack of Updates

chest

Polymarket faces market uncertainty due to a lack of updates, leaving users and investors with questions about the platform's strategic direction.

user avatarAndrew Smith

Polymarket's Multilingual Platform Tests Remain Unconfirmed

chest

Polymarket is rumored to have initiated tests for a multilingual platform aimed at global users, yet no official confirmation has verified these claims.

user avatarDavid Robinson

Grayscale's Cardano ETF Application Under Review by SEC

chest

Grayscale's application for a Cardano ETF is currently under review by the US Securities and Exchange Commission, with a decision anticipated in early 2026.

user avatarZainab Kamara

Progress on Cardano Improvement Proposal Leios

chest

The Cardano Improvement Proposal Leios is progressing well, with the proposal now 67% complete.

user avatarJacob Williams

Ethereum Price Stagnates Despite High Network Activity

chest

Ethereum's price remains below $3,000 despite processing over 22 million transactions daily.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.