XRP price rose by 25% over the past 24 hours, reaching $2.79, which accelerated discussions around the theory that the US might purchase XRP at $10K per token.
Analyst’s $10K XRP Theory Gains Attention
Vincent Van Code has proposed a controversial theory that the U.S. may acquire XRP at $10K per token. He suggests the government could use Treasury Bills to buy XRP held in Ripple’s escrow, allowing the U.S. to secure a dominant digital asset market position.
Could the U.S. Peg XRP Price at $10K?
The U.S.-backed purchase ensuring an XRP price of $10K could redesign the global financial model. This might increase its usage by other institutions while enabling the U.S. to fortify influence over digital transactions. Some experts warn of potential restrictions for retail investors.
XRP’s 25% Rally Fuels Further Speculation
XRP's latest surge was linked to Donald Trump's mention of possibly creating a U.S. Crypto Reserve. Amid heightened trading volumes, speculation over XRP’s role in government-backed digital assets has intensified.
While the market actively debates the possibility of a significant U.S. purchase of XRP, future market movements will depend on investor actions and interest in digital assets.