- JackTheRippler hails 2024 as a game-changing year for the XRP community.
- Driven by four major events in the ecosystem, XRP is poised to reach a new all-time high in the year.
- Ripple-SEC final judgment, XRP’s bank integration, Ripple IPO, and XRP ETFs can potentially drive XRP to new ATH.
JackTheRippler, a prominent voice in the crypto community, recently hinted at a potential surge in XRP. The analyst hails 2024 as a game-changing year for XRP holders and lists four major events that could drive XRP to new all-time highs.
As of the press time, XRP is set at a price of $0.5077, boasting a market cap of $28,104,614,848 that secures XRP at the 7th position on CoinMarketCap. While XRP has been moving downward over the last month with a significant dip of 17.33%, the recent surge of 0.53%, though marginal, has boosted the community’s optimism.
According to JackTheRippler, a new all-time high for XRP is “just a matter of time.” He posited that Ripple’s native token could see massive surges driven by four key events: final judgment, bank integration, Ripple IPO, and XRP ETFs.
Reportedly, the protracted Ripple-SEC lawsuit is nearing its final judgment. Both SEC and Ripple have filed their briefs, awaiting the final verdict. While the regulators demanded nearly $2 billion in penalty, the crypto platform argued for a maximum of $10 million.
The adoption of XRP by banks has been a topic of discussion over the past few months. Recently, Ripple collaborated with HSBC, one of the largest banks, hinting at a wider adoption of XRP and XRP Ledger (XRPL).
Ripple’s Initial Public Offering (IPO) is a much-awaited event. Though Ripple CEO Brad Garlinghouse signaled the delay in IPO, JackTheRippler remains optimistic about the imminent launch. In addition, the potential launch of XRP exchange-traded funds (ETFs) is also a positive factor that could push XRP into new highs.
Another prominent figure in the XRP community, the pseudonymous KingXRP, has projected price appreciations regarding these key developments. While he has predicted XRP’s hike to $18.57 following the lawsuit settlement, he foresees its surge to $257.21 with more bank integrations.
Meanwhile, KingXRP hinted at XRP’s rise to $3748.34 following Ripple’s IPO. The most substantial hike projected is 59,873.18, expected after Ripple’s CBDC integration.
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