The founder of the crypto company predicts XRP growth in 2024 to $22
In an interview with renowned cryptanalyst Zach Rector, the founder of the Reaper Ascencion Index Ark Institute, Patrick L. Riley, presented his forecast that in the upcoming bull market, XRP could reach a new maximum.
Riley stated that XRP is well positioned to reach a new all-time high of $22. In his opinion, the bullish potential of the token will be stimulated by the growing development of the XRP Ledger registry and its growing use.
The top manager believes that adding sidechains #EVM to XRP increases the likelihood of the token growing. He sincerely believes that many projects using #ERC-20 tokens will switch to XRP to benefit from fast transaction processing and low fees.
And these are not all his optimistic expectations: Riley is convinced that in the next bear market the price of XRP will rise above $10. Let us remind you that now, according to CoinGecko, the token is trading at $0.619. XRP continues to trade well below its all-time high of $2.4, which it reached in 2018.
If you decided that this is the limit of your dreams, this is not true at all. Riley is convinced that in the long term, XRP will surpass Bitcoin and become the number one cryptocurrency. In the meantime, problems in Ethereum should ensure an influx of capital at #XRP .
