Former Ripple employee predicts more than 200 times growth of XRP cryptocurrency

The former head of developer relations at Ripple suggested that the XRP rate could rise to $ 100 in the future.

Matt Hamilton is no longer associated with the company — since March 2022, he has been working as a director of developer relations at Bittensor. Despite leaving Ripple, Hamilton remains optimistic about the future of Ripple and XRP. Previously, he was criticized for this by bitcoin enthusiasts, and recently one of them tweeted to Hamilton that «many people are overestimating the capabilities of XRP,» with which Hamilton disagreed.

«Why can’t XRP reach $ 100 at some point? It’s only a matter of time. If you had said in 2009 that bitcoin would reach $ 60,000, people would have laughed at you, too,» the former Ripple employee is sure. It should be noted that the cryptocurrency is currently trading with an upper threshold of $ 0.4. Accordingly, Hamilton believes that it can grow more than 200 times.

Many people agree with the position of the Ripple employee, and recently the company has begun to actively create a bridge between fiat and cryptocurrencies.

It is worth noting that XRP cryptocurrency used to be much more expensive. In early January 2018, XRP hit a record high of $ 3.4. However, in 2020, the XRP rate collapsed due to the charges brought against Ripple by the US Securities and Exchange Commission (SEC). The legal proceedings between Ripple and the SEC are still ongoing, and the future value of XRP will depend on the outcome of the trial.