XRP price history suggests a possible 77% increase in November, based on data provided by CryptoRank. While the median monthly return for XRP is estimated to be around -10.2%, the average monthly return stands at 77.3%. However, looking at XRP’s price history, there have been mixed signals, with only one positive November in the past five years. In November 2020, XRP saw a significant gain of 178.3%. Currently, XRP is priced at $0.60, the highest since August.
Prominent Bitcoin enthusiast Max Keiser believes that Bitcoin has the potential to reach $220,000. Keiser’s conviction is based on the U.S. government’s plan to borrow $1.5 trillion this and next quarter, following a $1 trillion borrowing in the previous quarter. Keiser believes that the rapid growth of U.S. debt will lead to a sharp increase in Bitcoin’s price. The circulating money mass has been considered one of the main drivers behind BTC’s price growth in the past three years.
XRP co-founder Jed McCaleb’s nonprofit organization, Voltage Park, has invested close to $500 million in Nvidia chips. The goal of this investment is to provide computing capacity to businesses involved in AI projects. Voltage Park currently owns 24,000 Nvidia H100 chips and aims to deploy them in key U.S. regions. The organization is working to ensure that the entire batch of chips is operational by February. This initiative establishes Voltage Park as a reliable source of accessible AI computing solutions.