It was a night like no other in New York. Brad Garlinghouse, the charismatic CEO of Ripple, proudly revealed his new XRP tattoo. A fervent crowd – Ripple employees, members of the XRP community, and even those vaguely curious – hung on every word that came out of his mouth.
The party, a toast to Ripple’s partial victory over the SEC, celebrated a crucial decision: XRP was not, according to District Judge Analisa Torres, an investment contract under the Howey test.
Garlinghouse was not alone in this celebration. He nodded to Ripple General Counsel Stuart Alderoty and Ripple Vice President of Litigation and Employment Deborah McCrimmon, both of whom he believed deserved all the applause in the world. After all, in the words of the CEO: “It takes a village to fight a bully and this village beats the bully!”
Brad Garlinghouse just hours before “The Proper Party” began, the Ripple CEO showed off his new XRP tattoo:
And as for any “announcement” that people are wondering about, tonight’s event is just a celebration…but I will share my recent addition: pic.twitter.com/q4THzsr4Fp
— Brad Garlinghouse (@bgarlinghouse) September 29, 2023
However, as the celebrations continued in full swing, in the quieter corners of the party, conversations revolved around the future of XRP. And as with most cryptos, opinions ranged from ultra-optimistic to skeptical.
XRP Forecast from Optimists to Most Pessimists
At the time of publication, the price of XRP was listed at US$0.5186, down 2.9% in the last 24 hours.
For optimists like cryptocurrency analyst Bitforcoinz, XRP wasn’t just another digital currency. For them, with Ripple possibly reconfiguring the global financial structure, XRP could reach an astonishing $10,000. However, analyst Zach Rector brought enthusiasts back down to earth, insisting that the $10,000 mark was a distant dream unless a currency restructuring occurred.
I don’t believe in $10,000 XRP because I believe we have a Currency Reset and Debt Restructuring before achieving such high prices.
They might have to reset everything before we even break $50…
The question would then be, how high will XRP go before we have a RESET?
— Zach Rector (@ZachRector7) September 14, 2023
Still, among the fervent debates about XRP’s future price trajectory, there were those who took a more balanced approach. One of these individuals predicted a possible rise to $249 depending on how Bitcoin performed in the market. Meanwhile, influential cryptocurrency analyst XRP Captain has placed his tokens in a price range between $100 and $130 for the next rally.
And amid all these predictions, Linda Jones, a well-known Wall Street financial analyst, brought a fresh perspective. Comparing XRP to giants like Microsoft and Apple, she insinuated that if Ripple went public, the price of XRP could easily reach $5.
And so, as the night wore on and the celebrations continued, one fact remained clear: the world of cryptocurrencies is full of possibilities, and XRP is right in the eye of that storm.
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.