{"id":565844,"date":"2023-12-18T21:00:37","date_gmt":"2023-12-18T21:00:37","guid":{"rendered":"https:\/\/wncen.com\/?p=565844"},"modified":"2024-06-11T08:16:29","modified_gmt":"2024-06-11T08:16:29","slug":"crypto-founder-xrp-price-22","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/crypto-founder-xrp-price-22\/","title":{"rendered":"Crypto Founder Predicts XRP Price Will Hit $22, Here&#8217;s When"},"content":{"rendered":"<p><span style=\"font-weight: 400\">A crypto founder recently gave his opinion on the <\/span><a href=\"https:\/\/bitcoinist.com\/when-xrp-price-will-reach-10000\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">future trajectory<\/span><\/a><span style=\"font-weight: 400\"> of the XRP price, and <\/span><a href=\"https:\/\/bitcoinist.com\/in-south-korea-xrp-king-whats-behind-this-shift\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP holders<\/span><\/a><span style=\"font-weight: 400\"> will like this one as he predicts that the crypto token will hit $22. He also gave a timeline of when it will hit this price level.<\/span><\/p>\n<h2>When XRP Price Will Hit $22<\/h2>\n<p><span style=\"font-weight: 400\">In a <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=ywyNziCs7xk\" rel=\"nofollow\"><span style=\"font-weight: 400\">YouTube interview<\/span><\/a><span style=\"font-weight: 400\"> with Zach Rector, Patrick Riley, the founder of Reaper Financial, mentioned that XRP will hit $22 at the peak of the next bull run. He further stated that the crypto token will hold above $10 in the next bear market after that bull run. The next bull run has been projected by many to occur in 2024, meaning that XRP could hit $22 next year.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/analysis\/xrp\/changelly-xrp-price-10\/\">Changelly Releases Updated Predictions For XRP Price, When Will It Cross $10?<\/a><\/div>\n<p><span style=\"font-weight: 400\">Riley sounded so optimistic about the future of XRP. This isn\u2019t surprising, considering that Reaper Financial is built on the <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-ledger-achieves-milestone-hits-new-heights\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP Ledger<\/span><\/a><span style=\"font-weight: 400\">. The $22 price prediction isn\u2019t the only bold assertion that the crypto founder made. He also foresees XRP surpassing Bitcoin at some point, although he didn\u2019t give a particular timeline for that. When that happens, he believes that will see XRP materialize as the global reserve currency.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">He alluded to the dollar failing and many possibly looking to cryptocurrencies for succor. There is a general belief that cryptocurrencies, especially Bitcoin, can act as a <\/span><a href=\"https:\/\/wncen.com\/news\/bitcoin\/fidelity-bitcoin-exponential-gold\/\"><span style=\"font-weight: 400\">hedge against inflation<\/span><\/a><span style=\"font-weight: 400\">. However, going by Riley\u2019s prediction, XRP instead of Bitcoin will be the go-to token.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Talks about Inflation and the declining value of the US dollar have been discussed much of late. Renowned economist Peter Schiff <\/span><a href=\"https:\/\/bitcoinist.com\/economist-us-dollar-bitcoin\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">recently warned<\/span><\/a><span style=\"font-weight: 400\"> that the fall of the US dollar was imminent and that the country\u2019s economy is going to take a hard hit. Many believe that this could be a great avenue for cryptocurrencies to swoop in and save the day.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/LuehGIVJ\/\" alt=\"XRP price chart from Tradingview.com\" width=\"3266\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">XRP falls below $0.6 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSD on Tradingview.com<\/a><\/pre>\n<h2>Making A Case For XRP<\/h2>\n<p><span style=\"font-weight: 400\">In a more recent <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=HcdXabNu-nU\" rel=\"nofollow\"><span style=\"font-weight: 400\">video<\/span><\/a><span style=\"font-weight: 400\"> on his YouTube channel, Zach Rector made a case for <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-ceo-xrp-bitcoin\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP instead of Bitcoin<\/span><\/a><span style=\"font-weight: 400\"> as the future of finance. He hinted at how the transaction fees on the Bitcoin network affect its utility, as many are unable even to afford to transact on the network. Therefore, he believes that XRP is in a \u201cbetter to change the world\u201d and possibly the global financial structure.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/matic\/polygon-matic-price-50-rally\/\">Polygon (MATIC) Price Faces Crucial Turning Point That Could Trigger 50% Rally, Analyst Says<\/a><\/div>\n<p><span style=\"font-weight: 400\">Indeed, many believe that XRP is in a better position because of the transaction speed and fee of the network. The <\/span><a href=\"https:\/\/bitcoinist.com\/japanese-financial-giant-ripple-xrp-service\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP ledger<\/span><\/a><span style=\"font-weight: 400\"> is said to be able to process 1,500 transactions per second and settle them in three to five seconds. Transaction cost on the network also stands at 0.00001 XRP, which is way below the average gas fee on the Bitcoin network.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, XRP is trading at around $0.6, down over 3% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.\u00a0<\/span><\/p>\n<div class=\"disclaimer-shortcode\">Featured image from YouTube, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A crypto founder recently gave his opinion on the future trajectory of the XRP price, and XRP holders will like this one as he predicts that the crypto token will hit $22. He also gave a timeline of when it will hit this price level. When XRP Price Will Hit $22 In a YouTube interview with Zach Rector, Patrick Riley, the founder of Reaper Financial, mentioned that XRP will hit $22 at the peak of the next bull run. He further stated that the crypto token will hold above $10 in the next bear market after that bull run. The next bull run has been projected by many to occur in 2024, meaning that XRP could hit $22 next year.\u00a0 Related Reading: Changelly Releases Updated Predictions For XRP Price, When Will It Cross $10? Riley sounded so optimistic about the future of XRP. This isn\u2019t surprising, considering that Reaper Financial is built on the XRP Ledger. The $22 price prediction isn\u2019t the only bold assertion that the crypto founder made. He also foresees XRP surpassing Bitcoin at some point, although he didn\u2019t give a particular timeline for that. When that happens, he believes that will see XRP materialize as the global reserve currency.\u00a0 He alluded to the dollar failing and many possibly looking to cryptocurrencies for succor. There is a general belief that cryptocurrencies, especially Bitcoin, can act as a hedge against inflation. However, going by Riley\u2019s prediction, XRP instead of Bitcoin will be the go-to token.\u00a0 Talks about Inflation and the declining value of the US dollar have been discussed much of late. Renowned economist Peter Schiff recently warned that the fall of the US dollar was imminent and that the country\u2019s economy is going to take a hard hit. Many believe that this could be a great avenue for cryptocurrencies to swoop in and save the day.\u00a0 XRP falls below $0.6 | Source: XRPUSD on Tradingview.com Making A Case For XRP In a more recent video on his YouTube channel, Zach Rector made a case for XRP instead of Bitcoin as the future of finance. He hinted at how the transaction fees on the Bitcoin network affect its utility, as many are unable even to afford to transact on the network. Therefore, he believes that XRP is in a \u201cbetter to change the world\u201d and possibly the global financial structure. Related Reading: Polygon (MATIC) Price Faces Crucial Turning Point That Could Trigger 50% Rally, Analyst Says Indeed, many believe that XRP is in a better position because of the transaction speed and fee of the network. The XRP ledger is said to be able to process 1,500 transactions per second and settle them in three to five seconds. Transaction cost on the network also stands at 0.00001 XRP, which is way below the average gas fee on the Bitcoin network.\u00a0 At the time of writing, XRP is trading at around $0.6, down over 3% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image from YouTube, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":565864,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[6664,90899,14690,90900,3680,17209,4531,13172,16289,10972,78763],"class_list":["post-565844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-crypto","tag-crypto-founder","tag-crypto-news","tag-founder","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Crypto Founder Predicts XRP Price Will Hit $22, Here&#039;s When<\/title>\n<meta name=\"description\" content=\"A crypto founder recently gave his opinion on the future trajectory of the XRP price, as he predicts that the crypto token will hit $22.\" \/>\n<meta name=\"robots\" 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. 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