Ben Armstrong, a renowned crypto influencer and YouTuber, popularly known as “BitBoy”, has made eye-catching predictions about XRP’s future price. He projected a price target of $15 for XRP over the next 18 months, with the potential for a further uprising to $35 if Ripple carries out its IPO at the right time.
In a tweet on 19th July, BitBoy confidently asserts that it is reasonable to expect XRP to surge to $15 within the next 18 months, representing a staggering 1,729% increase from current prices.
This optimism is rooted in BitBoy’s belief in the long-term growth potential of XRP, buoyed by positive sentiment surrounding the outcome of the lawsuit and the regulatory clarity it brings to the XRP ecosystem.
$15 is reasonable I believe over 18 months or so.
If they IPO and time it correctly, could be up to $35 imo.
Make no mistake… it may not go that high… but $XRP IS breaking an all time high this cycle save some sort of pointless, vindictive SEC appeal. (Low chance) https://t.co/rrMCuOacrE
— Ben Armstrong (@Bitboy_Crypto) July 19, 2023
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Ripple’s Initial Public Offering (IPO) Could Boost XRP Price
BitBoy’s bullishness doesn’t end at $15, as he speculates that a Ripple Initial Public Offering (IPO) if executed with good timing, could propel XRP’s price to reach $35. Such a surge would require XRP to ascend by 4,168%. The basis for this ambitious forecast lies in the expectation that Ripple’s IPO could attract a fresh wave of investors and mainstream attention, serving as an additional catalyst for XRP’s upward trajectory.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Earlier in April, BitBoy had already mentioned XRP as his top altcoin choice for the next bull run, highlighting the asset’s potential to skyrocket if the SEC lawsuit favored Ripple. He believed this would provide XRP with legal and regulatory clarity, setting it apart from other assets.
While expressing his positive outlook, BitBoy acknowledges the inherent unpredictability of the market. He mentions that XRP may not necessarily attain these projected highs, but he remains confident that XRP will at least surpass its previous all-time high during this market cycle.
The popular crypto influencer also draws attention to the possibility of an appeal from the US SEC following the recent court ruling. Although he considers the chances of an appeal low, he concedes that only a “pointless, vindictive” appeal could prevent XRP from reaching its all-time high.
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It’s worth mentioning that BitBoy’s remarks were prompted by Evan Luthra, an angel investor, and entrepreneur, who highlighted XRP’s surpassing of Bitcoin in cumulative trade volume since the court’s ruling on July 13.
Amidst this bullish momentum, demand for XRP has surged, triggering an astonishing four million trades per minute globally. XRP has regained the $0.80 mark, currently trading at $0.8286, indicating strong market interest in the asset’s potential.
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