Reaper Financial founder Patrick Rile took the podium in a recent interview to hold discussions about Ripple (XRP). Some of the things he said were quite surprising. So, he said Ripple (XRP) could climb to $22 in the next bull market. How possible is this?
Crypto Founder Says Ripple (XRP) Could Reach $22
- Reaper Financial founder Patrick Riley just made a prediction about Ripple (XRP) that surprised even XRP holders. Apparently, this crypto founder has enormous expectations for this cryptocurrency. So, he was in an interview with market analyst Zach Rector when he made the statements about XRP’s price. According to him, he says that Ripple (XRP) might go all the way to $22 in the next bull run. Consequently, this statement from Riley came with a lot of reactions.
- Nevertheless, there’s something Riley said about his own project. Apparently, Reaper was built leveraging the XRP Ledger. So, this crypto founder believes that his own project will help in the upcoming bull run for Ripple (XRP). Another thing was the introduction of Ethereum Virtual Machine (EVM) side chains to Ripple. So, he believes that the EVM side chains will also help in the upcoming bull run.
Crypto Founder Chooses Ripple (XRP) Over Ethereum
- Another thing that caught the attention of traders and community members was the comparison between Ethereum and Ripple. So, Riley, in his statement, says he would choose Ripple over Ethereum. According to him, Ethereum is a slow and expensive network. Furthermore, in his words, Ethereum is a “dying horse that’s been limping along for a long time.” Hence, many projects will be choosing Ripple as a cheaper and better option to build.
- But this is not the only outrageous thing this crypto founder said. So, he said that Ripple (XRP) even has the potential of surpassing Bitcoin as the apex cryptocurrency. Apparently, all these will heavily depend on the EVM side chains Ripple is introducing.
Ripple Latest Price Update
- Despite the optimistic predictions from Riley, things are currently not looking good for XRP. So, data from CoinMarketCap shows that Ripple (XRP) is down in the daily, weekly, and monthly charts. XRP is down by more than 3% in the daily chart. Apparently, this seems to be part of the price corrections happening in the broader market.
- It got worse in the past seven days, with more than a 5% decline. On the other hand, the monthly chart is clenching around 1% decline. Nevertheless, the general price outlook of Ripple (XRP) is still looking good, as it is up by more than 50% in the past year.
Conclusion
As a recap, Reaper Financial founder Patrick Rile, during a recent interview, made predictions about Ripple (XRP). Apparently, Riley believes that the future of XRP is in good hands. No wonder he said XRP would rise to a whopping $22 on the next bull run. In fact, he went very far to say that XRP will be bigger than Ethereum and even Bitcoin.
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from the company.
