Crypto Analyst Predicts 3,900% Gain for Flare Network as XRP DeFi Bridge Gains Momentum
A cryptocurrency analyst known for his 2020 recommendation to buy XRP at $0.10 has issued a new bullish call for Flare Network (FLR), projecting a 3,900% gain if the token rises to $1.00 from its current price of $0.024. King Karan, Head of Marketing at Monerex, shared this forecast on July 27 via X, emphasizing Flare’s infrastructure and its integration with the XRP Ledger. His previous XRP recommendation, which saw the token rise over 2,800% since 2020, has drawn attention to his latest prediction for FLR [2].
Karan’s rationale centers on Flare’s role as a layer 1, Ethereum Virtual Machine (EVM)-compatible chain that provides decentralized access to off-chain data through its Flare Time Series Oracle (FTSO). This technology…
