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Former Developer Advocate at Ripple: It Is Possible for $XRP to One Day Hit $100

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On Sunday (June 5), Matt Hamilton, who is currently Director of Developer Relations at Bittensor, said that he could envision the price of digital asset $XRP one day reaching $100.

Between February 2021 and September 2021, Hamilton worked at Ripple as Director of Developer Relations, and between September 2021 and March 2022, he was the Californian FinTech firm’s Principal Developer Advocate.

Hamilton’s comments about the $XRP price were made in response to a Bitcoin HODLer who said in a tweet that XRP “is literally a worthless entry on a centralised database” with no chance of ever having a $5 trillion market cap (i.e. its price reaching $100). Hamilton first pointed out that the XRP Ledger (XRPL) is not “a centralized database” and that although he does not make price predictions, it is certainly possible for the $XRP to “hit $100 at some point”.

Quick Summary

On Sunday (June 5), Matt Hamilton, who is currently Director of Developer Relations at Bittensor, said that he could envision the price of digital asset $XRP one day reaching $100.

Source

Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.

Author

Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.

Editorial Note

Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.

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