Reaper Financial CEO makes Insanely Bullish XRP Price Prediction

Patrick Riley, CEO of Reaper Financial, made one of the most bullish XRP price predictions we’ve ever seen. He forecasts XRP at a staggering 3,510% growth to $22 per token.

On a YouTube show with crypto enthusiast Zach Rector, Riley said he did a deep dive on XRP in Dec. of 2023.

Our own XRP forecast for 2024 is much more conservative, projecting the token to hit around $3.

Of course, Riley didn’t mention a specific timeline for his bold XRP take, but he did mention that long-term adoption of the token could surpass Bitcoin.

“What I expect from XRP going into 2024, and one of the things I’m expecting very realistically during this bull run, is that XRP will surpass Bitcoin as the number one cryptocurrency,” Riley boldly proclaimed.

Riley’s XRP bull case is highlighted by the project’s introduction of an EVM side chain.

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You won’t want to miss this one folks! LIVE at 830 PM EST tonight! #XRP #BTC

XRP Will Surpass Bitcoin! $22 XRP Price Prediction! Interview With Patrick Rileyhttps://t.co/if38IcaqUc

— Zach Rector (@ZachRector7) December 17, 2023

XRP has been testing the EVM side chain since Sept. ’22 and recently released it in Sept. ’23.

Highlights from the announcement include:

• Support for 1000 transactions per second, enabling large loads and throughput.
• Low transaction confirmation times, producing a block every 5 seconds.
• 1 block finalization time; once a block is added to the chain and confirmed, it’s considered final.
• Full Ethereum Virtual Machine (EVM) compatibility, enabling you to connect your wallet and interact with or deploy smart contracts written in Solidity.

On paper these EVM highlights are attractive — considering ETH’s high gas fees and network dysfunction issues.

At InvestingHaven, we’re bullish on ETH — more so than XRP for 2024 — but these criticisms presented by Riley are fair.

XRP price prediction of $22

A few things to get to here.

One, he noted that even in the event of another crypto winter (or extreme bear market), he thinks that XRP will hold a minimum price of $10.

In the event of the next crypto bull run (which we forecast coming in ’24), Riley said he sees XRP’s price reaching $22.

This would be a staggering growth rate of 3,510% — compared to its price of $0.62 (in Dec. ’23).

XRP will soon be one dollar???? by Arash_Kamangir2020 on TradingView.com

Will XRP hit $22 in 2024?

We certainly don’t forecast the gains being this high.

$3 — still a nice gain, is a more conservative prediction for XRP.

Riley was quick to note that his prediction was not financial advice, so please DYOR (do your own research) prior to considering any investments.

Still, XRP is quietly building excellent infrastructure and we wouldn’t be surprised to see it being a main stay in the crypto universe for years to come.

For more detailed follow ups, but also for top crypto tips, we recommend to follow our premium crypto charting alerts in which we share much more details across 35 tokens, with timely insights combined with perfectly timed buy alerts.