Crypto Price Predictions for 9 June: XRP, Trump, and Stellar

Bitcoin’s recent peak drives enthusiasm in crypto; XRP gains momentum, increasing 358.1% in a year following a legal win, eyeing a breakout. Meanwhile, Trump-themed crypto powers politically-driven hopes, with SUBBD emerging as an early-stage contender in the creator economy.

In the fast-paced world of cryptocurrency, investors are buzzing with excitement, especially after Bitcoin recently reached a staggering all-time high of $111,814 last month. Its price has dipped slightly, maintaining a value of $107.6K today — just a whisper away from another record if it crosses that threshold this week. Meanwhile, meme coins, including Pepe, Trump, SPX6900, and FartCoin, have shown remarkable performances over the past six months, capturing attention in the market.

Ripple’s XRP is not just hanging around; it’s a key player in integrating decentralised finance with conventional banking, primarily in areas like global remittances. Capable of fast, cost-efficient transactions, XRP has attracted the gaze of prestigious institutions, including the UN, which is investigating the possibilities of using XRP in forward-thinking cross-border payment systems.

XRP’s journey has not been without its challenges. Since 2020, Ripple has been entangled in a legal tussle with US authorities. However, a recent legal win against the SEC brought enthusiasm back to the market — a judge ruled XRP sales to individual investors don’t classify as securities, running contrary to previous assertions. This news has renewed investors’ confidence, with XRP posting an impressive 358.1% growth last year, outpacing Bitcoin’s 55.3%.

Looking at charts, XRP seems poised to break out of a bullish flag pattern observed since last year. If this trend continues, analysts predict XRP could reach the $3.50 mark during the summer, potentially going beyond its previous all-time high of $3.40 achieved in January 2018.

Now, turning to another intriguing player — Official Trump ($TRUMP). Launched right before Donald Trump’s anticipated inauguration, this coin has ballooned to a market cap of over $2.1 billion, despite its meme origins. It’s become a beacon of hope for crypto enthusiasts who anticipate a more crypto-friendly regulatory framework should Trump return to power.

Currently priced at $10.53 after a slight 2% increase in the last day, TRUMP is bumping against key resistance at $15, a height last seen in late April and May. The technical indicators suggest an RSI around 40, indicating potential overselling. If TRUMP’s momentum picks up, there’s a good chance it could soar to $20 by mid-June, and who knows — if Trump takes significant crypto reform strides this year, may even approach a jaw-dropping $100 by 2025.

Moreover, Stellar ($XLM), a mainstay in the crypto market since 2014, is also worth a mention. Its design focuses on low-cost international transactions, positioning it similarly to XRP, but with a distinct technical basis. Stellar operates on its Stellar Consensus Protocol (SCP) instead of Bitcoin’s high-energy Proof-of-Work.

As the 20th largest cryptocurrency with a market cap over $8.3 billion, XLM’s performance continues to sway with Bitcoin’s price shifts and the unfolding regulatory atmosphere. Currently, XLM’s RSI of around 44 hints that a buying spree might soon follow, pushing prices higher in the near term. For longer-term projections, there’s a possibility it could see strong resistance around $0.50 but might hit $0.75 by August if the stars align.

On a different note, early-stage tokens like SUBBD ($SUBBD) are catching the eye of seasoned investors. This crypto aims to transform the $85 billion creator economy by merging AI with blockchain tech. SUBBD gives creators greater control and revenue opportunities, moving away from the hefty fees collected by major platforms.

Having raised approximately $632,000 in seed funding, SUBBD tokens are currently on presale at $0.05575 with a promising yearly staking reward of 20%. For investors, it’s not just about buying into a project — it’s about joining an exclusive community offering premium content and special tools. For anyone looking to dive deeper into the SUBBD ecosystem, they can check out their website or follow their updates on social media.