Will XRP increase by 4200 % and reach $ 35? Bitboy Armstrong predicts a bold price increase for Ripple
Will XRP increase by 4200 % and reach $ 35? Bitboy Armstrong predicts a bold price increase for Ripple
Title: forecast: Will the XRP price increase to $ 35?
subtitle: Bitboy Armstrong predicts the long -term growth potential of XRP
In a recent twet, Ben "Bitboy" Armstrong, a controversial figure in the crypto community, made a controversial forecast on the future price of XRP. The discussion began when Evan Luthra, a fishing investor and winner of the Forbes 30 Under 30 Award, asked on Twitter what Armstrong's price target was because XRP has just exceeded the BTC trade volume.
Bitboy’s answer to this question can be classified as very brave. He said: "$ 15 is reasonable, I think for over 18 months or so. If you go to the stock exchange and tenden it properly, it could be IMO up to $ 35." This forecast is based on his belief in the long -term growth potential of XRP.
This optimistic assessment is strengthened by Ripple's legal victory, which has created some clarity for XRP. The forecast price of $ 15 would correspond to an increase of 1,720 % compared to the current price.
However,bitboys enthusiasm does not stop at $ 15. He suspects that the price of XRP could potentially achieve $ 35 if Ripple carries out an IPO (IPO) and strategically timed. This would require a breathtaking increase of 4,200 %.
For some time there have been rumors about a possible IPO of Ripple. CEO Brad Garlinghouse had already indicated this possibility before the SEC lawsuit. However, it can be assumed that the authority has thwarted the plans of the company.
Despite Bitboy's optimistic forecast, caution is required because he himself recognizes the unpredictability of the cryptoma market. Cryptocurrencies are known for their price volatility and are susceptible to various external factors, which makes precise predictions a difficult task.
Bitboys positive outlook on the potential of XRP is not new. In April he had already identified XRP as his top Altercoin pick for the next housesee, depending on a positive outcome of the SEC process. A positive decision would give the asset the urgently needed legal and regulatory clarity and serve as a catalyst for growth.
On the statement of a Twitter user that everything in this cycle will achieve the all-time high, Bitboy replied that he does not believe it. He called some old coins such as Solana, Dogecoin and Shiba as possible candidates who could be in this list. He warned against falling into the same trap as in the last cycle and emphasizing that not everything is performant.
Overall, Bitboy Armstrong's forecast over the future price of XRP remains controversial. While he sees a high growth potential, cryptocurrencies are generally difficult to predict. It remains to be seen how developments in the XRP market will actually be shaped in the coming months and years.