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I have regained Crypto Pundit Andrei JIKH $ 100 targeted XRP priceThis raises the upscale feeling in the XRP community. The analyst has set many factors that can contribute to the equivalent gathering to the ambitious target of $ 100.
Factors that can contribute to the goal of the XRP price of $ 100
in YouTube videoJake shed light on a possible end of the Ripple SEC lawsuit as one of the factors that can raise XRP prices to the $ 100 goal. He pointed to the removal of SEC to the state of ripples from its location on the web, indicating that the legal pressure is abandoned. the The committee agreement with Binance Stopping their ongoing legal battle also caused optimism that the ripples may end soon.
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Then Jake gave a report on the Nasdak Stock Exchange that 80 % of Japanese banks It is set for XRP accreditation for global payments. The analyst is sure that this step will lead to the high adoption, which may contribute to the expected gathering to $ 100. He pointed out that the banking system in Japan is huge, which makes this great for Altcoin.
Moreover, Cherent Critics highlighted the potential approval Xrp etfs As another factor, the XRP price can pay the target $ 100. He pointed to how the Bitcoin price increased to new levels after approval of the investment funds circulating in Bitcoin, and JIKH believes that something similar could happen.
Another factor that the encryption analyst believes can contribute to the high price of XRP to $ 100, which is the ability to replace the Ripple Swift payment system. He highlighted how the global payment industry is trillion dollars. As such, the Ripple Processing is a large part of these global payments that can cause XRP benefit and demand, which eventually affects its price.
Other oud basics for altcoin
At the same time, Jake also alluded to XRP LEDGER (XRPL) And Ripple’s Real USD (RLUSD) as factors that can contribute to the rise in the price of XRP to $ 100. He pointed out that XRPL is about 1500 transactions, making it a potential choice for the distinctive symbol plans, which is the rise of the original.
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If XRPL becomes the transition platform for the real world symbol such as stocks and bonds, this will help increase demand and make encryption more valuable. the Rlusd Stablecoin It is also upward for XRP because its burning mechanism helps remove XRP from blood circulation as its usefulness grows.
Jake then indicated that the CEO of Ripple Brad Garlinghouse will be in the White House Consultant Council. This is especially difficult for the XRP price as Garinghouse in the council can enhance its location in the newly created American wealth fund.
At the time of this report, the original price is traded by about $ 2.55, an increase of more than 4 % in the past 24 hours, according to it. Data From Coinmarketcap.
Distinctive image from Adobe Stock, Chart from TradingView.com
