- David Schwartz’s comments spark massive XRP price speculation among community members.
- April 2024 highlighted as potential month for XRP’s meteoric price rise, based on significant events.
- Achieving a $130 XRP would mark an unprecedented 24,605% increase.
A whirlwind of speculation has taken the XRP community by storm. Conversations are ablaze about the prospect of Ripple’s XRP value skyrocketing to a stunning $130 by 2024. The origins of this massive projection trace back to a seemingly casual statement made by Ripple’s CTO, David Schwartz, in 2020.
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Commenting on an unusual surge in Liberty Tripadvisor’s shares, Schwartz expressed regret for not retaining some of the skyrocketing stock. While his comments were stock-specific, they inadvertently planted a seed within the XRP community.
With time, this seed has sprouted into a full-blown theory. Recently, an influential community member, pseudonymously named XRP Captain, presented a thought-provoking hypothesis.
By aligning the dates concerning Ripple’s ongoing SEC lawsuit and Bitcoin’s anticipated halving in April 2024, he projected this as the period for XRP’s potential ascent to $130. With Judge Analisa Torres setting the lawsuit’s trial date for April 23, 2024, the alignment appears almost poetic.
However, it’s essential to remain grounded. For XRP to escalate from its current trading price of $0.52 to a colossal $130, it would necessitate an extraordinary 24,605% leap. Such an increase would push XRP’s worth to a staggering $6.9 trillion. This valuation surpasses, by sixfold, the combined value of today’s entire cryptocurrency market.
In closing, Ripple’s potential future offers an exciting prospect. Regardless of whether the $130 target is achieved, Ripple’s innovative spirit and robust foundation ensure that its place in reshaping the global financial landscape remains unchallenged.
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