EGRAG CRYPTO (@egragcrypto), a renowned crypto analyst, recently shared a captivating story on X that sheds light on XRP’s possible future scenarios, such as its potential to reach a staggering $2,500.
The analyst encountered a top-tier banker, and they began a discussion about money and its future.
Read Also: Expert Proves XRP Price Suppression with Ripple’s XRP Monthly Sale
The conversation took a fascinating turn when the banker presented a seemingly outlandish challenge to the analyst, asking him to explain how 40,000 XRP could become $100 million.
For this to happen, XRP would have to trade at $2,500. Accepting the challenge, EGRAG CRYPTO presented a meticulously crafted chart promoting a reaction of surprise and excitement.
EGRAG CRYPTO pointed out a nearly decade-long life cycle that was perfectly aligned, stretching from 2017 to 2027 and highlighting the potential for exceptional rewards for those holding XRP over the long term.
Despite XRP’s lackluster performance since it hit its all-time high in January 2018, the analyst showed that XRP was repeating a 5-year cycle on an extended time frame and superimposed the price trajectory from before 2017 onto the extended timeline to show the similarities.
The banker drew a comparison to Ripple Chief Technology Officer (CTO) David Schwartz’s prediction about 40,000 ETH reaching $100 million, suggesting a synchronized movement fueled by a confluence of factors like banking trends, regulations (Basel III), and geopolitical shifts. This, according to the banker, resembles the 2013-2017 cycle for XRP but twice as long.
#XRP $2,500 – Don't Shout The Messenger:
Lately, I've come across some incredibly intriguing insights that I absolutely must share with you. The story is too captivating not to share with you.
Allow me to introduce you to a friend of mine—a top-tier banker well-versed in… pic.twitter.com/5eSddLwnlw
— EGRAG CRYPTO (@egragcrypto) December 27, 2023
Read Also: Crypto Bull Predicts 76,949% XRP Price Explosion To $470 and Surpass $25T Market Cap
What’s Next for XRP?
The banker urged EGRAG CRYPTO to spread the word to his followers and “encourage them to accumulate XRP.” He believes it could become the ultimate solution for liquidity issues as economic tides slow down.
He also pointed out that with the decreasing velocity of money, governments may need XRP’s potential to boost it, making the digital asset a potential game-changer.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Showing his conviction, EGRAG CRYPTO revealed his commitment to keep accumulating XRP, stating that he will purchase XRP until his family needs it, which may not happen soon.
Despite this mind-blowing target of $2,500, another prominent influencer has revealed that XRP can reach $10,000 as a bridge currency for Central Bank Digital Currency (CBDC).
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