$XRP to $1,000 is becoming a stronger possibility long term as we move into 2024
Let me explain -
2023 was the doom and gloom year of #Crypto
The top circulating narratives -
#BitcoinEFTs would never get approved
xrp is dead
Sure enough, as we hit 2024
The #Bitcoin ETFs were approved, and for the first time institutional money is flooding into the crypto market
There’s so much success and confidence in the #BTC ETFs that there’s a strong possibility an #Ethererum ETF will be approved in May 2024
Those two ETFs will pave the way and open the door to an #XRPETF
Now, consider where we are in the market -
We are on the cusp of a BTC halving event and a full market bull run, where institutional money is involved as well
We could see explosive price action across the entire crypto market like we’ve never seen before
So where does this leave $XRP?
In this bull run alone 2024-2025 if it plays out the same way we’ve seen in the last bull run cycles we could see a new ATH for $XRP - $3-$5
If we have an XRP ETF approved we could easily see $10-$20
As the confidence is restored to the crypto space via the presence of institutional money, we will begin to see a greater market cap for crypto
The market will grow and evolve as crypto matures and his greater global adoption
Once we see the #ISO20022 migration complete by November 2025
And combine that with institutional money flowing into XRP via an ETF
And as we continue to see Ripple given licenses globally to allow wealthy individuals direct access to #XRP as an investable asset (like we’ve seen in Japan and Dubai)
We will see the price of XRP continue to rise, as that money flows in, and stays in XRP
We will see the price of $XRP continue to rise, as that money flows in, and stays in $XRP
As we move beyond 2024 and into the next 5 -10 years
As technology and the way we conduct finance changes
We will see a technology at the forefront of that innovation
And I firmly believe $XRP and the blockchain technology of #XRP will be utilised to change the way we conduct finance
With trillions of transactions happening on a global scale daily
And with trillions flowing through $XRP
It would be impossible for #XRP to remain at $1 let alone $100
The price of $XRP has to settle around $1,000 to accomodate global utilisation
Stay strong #XRPArmy
Know what you hold
And know we will be rewarded for our perseverance and courage #Wrtite2Earn
♻️ and ❤️ #XRPcommunity #TrendingTopic