“XRP to rise to $500 with $5 trillion inflow”
Crypto Tank, who has a place in the XRP community, insists that the popular cryptocurrency will reach triple digits.
While the rise in the crypto market continues, the inactivity of XRP, one of the major altcoins, has drawn attention. XRP, which is under pressure due to the legal tension between the SEC and Ripple, has disappointed its investors. Many crypto investors believe that $XRP will soon fall from the top 10 (ranking by market value).
Crypto analyst Crypto Tank attracted great attention with his post on X the other day. The post, which was viewed by approximately 200 thousand people and liked by more than a thousand people, included striking explanations about the XRP price.
Crypto Tank commented on why the $XRP price did not accompany the crypto rise. The analyst, who maintains his bullish belief, made a surprising prediction.
Stating that he received questions from the community about the XRP price, the analyst stated that he maintained his $500 price target. Crypto Tank suggested that major financial institutions will contribute to XRP and soon many global companies will use XRP as a means of payment.
The analyst noted;
“Banks and financial institutions will have their own tokens or CBDCs. They will pair them with RLUSD (Ripple Ledger’s stablecoin) and trade. XRPL has an algorithm that looks for the best liquidity path/source to complete a transaction.”
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