American entrepreneur and podcaster Patrick Bet-David discusses the potential of XRP, a cryptocurrency that could replace SWIFT and achieve significant price highs.
Patrick Bet-David's Opinion on XRP
Patrick Bet-David noted that XRP's underlying technology allows for transactions to occur in 3-5 seconds at nearly no cost, making it significantly faster and cheaper than SWIFT. If XRP captures 10% of SWIFT's volume, its market cap could reach $10 trillion, driving the token's price to $100-$1,000.
Can XRP Hit $100 or $1,000?
Patrick Bet-David and crypto analysts aren't the only ones predicting an XRP price of $100. AI Grok also suggests this scenario by 2030. Achieving such prices will depend on the cryptocurrency's substantial adoption within the financial industry.
XRP's Relevance and Reaction to News
Investors continue to monitor the cryptocurrency market and news regarding XRP. Currently trading at $2.23, investors are interested in the development of the cryptocurrency, particularly given former President Donald Trump's support.
The future of XRP is tied to its ability to integrate into the financial system. Investors are keenly following news to assess the cryptocurrency's potential to reach new price heights.