- Ripple could emerge as a world reserve currency according to speculations cited on Google.
- XRP outperforms rival assets in hourly performance.
As the market progresses into the third quarter of the year, investors and traders of different cryptocurrency assets are sparking up conversations around attainable milestones and near term possibilities.
Ripple, a prominent blockchain in the cryptocurrency industry, is behind the XRP token, which has been in the news for a variety of reasons. While XRP’s publicity has not always placed it in a positive light, market players are increasingly highlighting fundamental metrics that could significantly improve the Ripple ecosystem.
Several analysts have projected ambitious price targets for XRP, citing favorable price movements. Amid these projections, prominent XRP community figure Dig Perspectives is more excited to see XRP as a world reserve currency.
In a recent post on X, Dig Perspectives set sights beyond the long-term price targets of $10 to $25 for XRP. The influencer disclosed this while responding to Edward Farina, Head of Social Adoption at XRP Healthcare.
While he confirmed that he could revel in profit-taking trades if XRP rallies to $10 or $25, Dig Perspectives emphasized that he would be more elated to see XRP assume the position of world reserve currency.
Recently, Dig Perspectives, a crypto influencer, highlighted the possibility of XRP becoming a world reserve currency, and its potential impact on the Ripple ecosystem. While many market players are predicting an upsurge in price that could send XRP to $10 or $25, the influencer is more excited about XRP achieving global dominance.
XRP sustains might price surge, while the broader crypto market remains in the red zone
It all started when a Ripple supporter took to X, to spotlight the fact that Google positions XRP as an asset with the potential to become world reserve currency.
More precisely, liquidity was cited as a key factor in the market that could aid in strengthening foreign exchange reserves.
“According to Google: XRP WORLD RESERVE CURRENCY XRP is perfectly positioned to serve as a world reserve currency. It can be held in significant quantities to provide liquidity for foreign exchange reserves, and international transactions throughout a Global Economy.” The excerpt of the Google search read.
In response to the post, Dig Perspectives explained that although he looks forward to making decent profits from the XRP market, he would be more interested in seeing XRP emerge as a world reserve currency.
“I may take profits at $10-$25 and so on,but this is what I’m really excited about. The real early vision of Ripple and the use of XRP. Hate us for it if you want to,but it isn’t going to change the course of XRP history.” He wrote on X.
Meanwhile, at press time, XRP is trading at a price of $0.51. The altcoin has sustained mild gains over the last 24 hours, and has since successfully outperformed other rival tokens in hourly profits.
- Invest in Ripple (XRP) and 70+ cryptocurrencies and 3,000 other assets.
- 0% commission on stocks – buy in bulk or just a fraction from as little as $10.
- Copy top-performing traders in real time, automatically.
- Regulated by financial authorities including FAC and FINRA.
2.8 Million Users
Get Started
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Credit: Source link