This mistake of chasing mathematically impossible price targets cost retail traders millions during the last cycle.

It is easy to get caught up in the FOMO when a legacy coin starts moving, leaving you holding the bag because you refused to take profits at realistic levels.

Right now, the timeline is flooded with predictions of $XRP hitting $100 from its current $1.1 price point by the end of the year. Let us be real for a second. That would require a market cap larger than most of the financial system, drawing funny parallels to the wild $ADA promises of 2021 or the over-leveraged runs we saw on $SOL.

While a move to $10 is actually within the realm of possibility if the liquidity rotates correctly, expecting a hundred-dollar token in a few weeks is pure delusion. History shows us that these assets move fast, but they still respect the laws of supply and demand.

Do you think we actually see double digits for this asset soon, or is the hype cycle already topping out?

#CryptoTrading #Altcoins #MarketAnalysis