Donald Trump’s Bitcoin $105,174.1 While the agenda of creating reserves continues, Ripple $3.2 CEO Brad Garlinghouse pointed out that America would accumulate the XRP token in the future. This description may have the potential to increase the adoption of the Ripple token and may have positive effects on the XRP price.
Possibility of Position of XRP in America’s crypto reserve
Garlinghouse mentioned the importance of clarity in crypto currency arrangements and said that the Ripple team came together with Trump and carried out lobbying activities. These efforts are thought to contribute to Trump’s initiation of digital asset stocking instead of Bitcoin.
The potential to reach $ 100 of XRP price
Some experts suggest that XRP can reach $ 100 price target with increased adoption. However, it is stated that this goal is difficult to realize in the current market conditions. It is stated that the technical support level plays an important role and that the price may be possible if the market value increases.
Garlinghouse’s statements show that Ripple shares the same mission as the general crypto community and increases the likelihood of crypto strategic reserve. These efforts are considered to be compatible with policies that support American technology and companies.
Some of the experts argue that Ripple’s donations to political parties aroused doubt and that XRP has an obstacle for Bitcoin reserve. However, Garlinghouse rejected these claims and stressed that Ripple’s goal is to work with the entire crypto community.
Although XRP is in demand, it is currently traded in the consolidation zone at $ 3.14. The XRP reserve discussions and increasing demand may have the potential to increase the price of the token.
It is stated that investors should consider that regulatory uncertainties and other factors may affect the future appearance of XRP. If Ripple’s lobby efforts are successful, the price of XRP may be likely to increase.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.