Scottie Pippen's XRP Pick Fuels Price Surge
Six-time NBA champion Scottie Pippen recently added XRP to his list of top cryptocurrency picks, generating significant buzz within the crypto community. His endorsement, shared via X (formerly Twitter), highlighted XRP alongside other prominent tokens like Ethereum, Solana, and BNB.
Scottie Pippen's Bullish XRP Outlook
Pippen declared Bitcoin his top choice but emphasized he's actively building a watchlist of other promising cryptocurrencies. This list notably includes XRP, Ethereum (ETH), Solana (SOL), Binance Coin (BNB), Cardano (ADA), Dogecoin (DOGE), Shiba Inu (SHIB), and Chainlink (LINK). This aligns with his previous statements highlighting the potential of XRP and SHIB to lead the next bull run. He cited the increasing legal clarity surrounding Ripple's native token as a catalyst for wider adoption.
XRP Price Momentum
Amidst growing institutional adoption and ongoing speculation regarding the XRP lawsuit, the token has experienced substantial price gains. At the time of writing, XRP is trading at $2.27, reflecting a 0.9% daily increase, a 4.4% weekly rise, and a 4.6% monthly surge. The 24-hour trading volume has seen a remarkable 82% jump, reaching $2.54 billion. Analyst STEPH IS CRYPTO notes that XRP has reached a new quarterly all-time high, exceeding the crucial $2.5 level.
In a subsequent X post, Pippen predicted continued bullish momentum for XRP, anticipating a major breakout. He suggested current price action has created a build-up of energy, indicating an imminent significant price movement. Recent expert forecasts also predict an ambitious rally to $32 after an eight-month consolidation period.
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