Discover the Explosive Potential of the New XRP Coin – 500% Gains Projected

Ripple (XRP) has had a whirlwind of a month. After the 3 year long trial against them finally ended and they came out victorious the project pumped and saw over 100% gains from its price earlier in the year. However now that growth has tapered off and investors are wondering if it can even get to $1 which was the minimum promised by some experts after the case ended.

Reaching that number might even become more difficult once the new XRP-inspired coin XRP20 (XRP20) hits the market. The '20' trend is very hot in the crypto streets right now as projects take the best of a successful coin, wind back the clock, and allow investors to invest at prices much lower than the original project's price today.

Of course, this alone would not have excerpts projecting 500% gains for the project. They also use years of market data that exists after these coins were launched to try to add some features that improve on the original projects.

XRP is of course a good project but at the moment XRP20 is likely to provide investors with both bigger and faster returns on their investment. Let's take a look at why.

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XRP may be further off breaking $1 than initially thought

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As you can see from the chart above Ripple (XRP) has struggled for the last 7 days. It has lost 7.5% of its value even though it has just hit $1 billion trading volume. A lot of this has to do with current market conditions however and should be taken as an indictment of the XRP project as a whole.

After interest rate hikes once again resumed last week it has put inflation at its highest since the beginning of the millennium and the crypto market is suffering. However, in terms of XRp's long-term future things are still bright.

XRPs 30-day moving average looks finally set to dip below its 200-day one and thus that should halt the slide it is experiencing in the next week or so. However, until this happens it may dip a little further. Long-term it still should be on its way to $1 dollar but investors may have to wait until next year which is longer than originally expected.

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XRP20 is the perfect alternative for XRP investors

While the original XRP is still likely on the right track long-term there is a perfect short-term alternative for investors. During a bearish market, the best place to turn is the presale market. Market caps are only set at a few million and prices are rock bottom meaning you can see huge returns for minimal investment.

That looks like what is on the cards for XRP20 (XRP20) as 500% gains look very likely once this token hits its listings. The presale only began a couple of days ago and already the presale has raised $300k. Given the fact the soft cap is set at $1.85 million, we expect this presale to sell out very fast.

XRP20 is looking to follow in the same path BTC20 did and apply much of the same tactics to their project. The basis of the idea is to take one of the best coins on the market and give investors a chance to feel what it was like to invest back when the price was much lower.

In the case of XRP20, it will allow investors to invest at the tiny price of $0.0028 which is exactly what the all-time low price was of the original XRP. To make sure no one misses out on this fantastic offer the price will remain the same throughout the presale.

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Another similarity to the original coin is its total supply which will also be 100 billion. The allocation of coins will be split four ways, 40% for presale, 40% for staking, 10% for liquidity and the last 10% is where the project starts to set itself apart from the original.

The last 10% will be burned as XRP20 wants to show its customers its commitment to scarcity. Back in 2014 when Ripple was at its lowest price scarcity was not such a sought-after property in a coin. However now it is highly valued by investors which makes this and the fact that 0.1% of every token will also be sent to a burn address a very smart decision by the creators.

One issue that XRP has been fighting over the years is its lack of utility. While it battles Bitcoin in the currency wars its ecosystem is slightly barren. That is one improvement that XRP20 has made by being a proof of stake Ethereum token.

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Not only does this mean that it is a green token but it also means the project has a lot of utility. As we mentioned 40% of the total allocation of coins is going toward staking. This means once the presale has ended 40 billion coins will be locked into a contract for investors to stake against creating a passive income for those investors.

Staking of course also increases the security of a project as these contracts are less likely to be targeted by hackers. As we mentioned this presale is gathering a lot of momentum and the turnaround between presale and CEX listings will be fast so it will be very interesting to see how fast things move for XRP20.

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Conclusion

While the original XRP token is certainly not a busted flush it may be a slow burner for investors. That makes the timing of XRP20's arrival perfect. The case against the SEC has been won but growth has stalled for the original so why not turn to XRP20 at its rock-bottom price and possibly see some serious gains in the near future?