CandleFocus Financial Analyst Reveals How XRP Could Skyrocket to $60 Overnight Using SWIFT Model
2024-10-10
Author: Content Editor
Financial analyst and crypto commentator Levi Rietveld believes that the cryptocurrency XRP has the potential to surge in price overnight due to its potential role within SWIFT, a global payment network. Rietveld suggests that even a small percentage of SWIFT's daily transactions, which currently amount to trillions of dollars, shifting to XRP could trigger a massive price increase. Rietveld calculates that if XRP captures just 5% of SWIFT's market share, its daily market volume could increase by 350 times, potentially resulting in a price of around $50 per coin. The analyst believes that XRP's advantages in cost and speed make it likely to capture a portion of SWIFT's business, and urges investors to accumulate the cryptocurrency. Rietveld predicts that XRP could reach $200 per coin within the next ten years and expects it to surpass $10 within the next year. However, it is important to note that these estimates are speculative.
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