November 3, 2023 at 11:23 AM GST 1 min read News
  • John Deaton asserts Ripple’s dedication to XRP, citing significant valuation increases as evidence.
  • Ripple’s Series C share buyback during a bear market showcases confidence in XRP’s potential.
  • Ripple’s substantial XRP holdings align with its long-term vision, promising a prosperous future.

In a recent analysis, pro-XRP advocate John Deaton has reaffirmed Ripple’s unwavering commitment to its cryptocurrency, XRP.

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Tracing Ripple’s valuation from a modest $128 million in 2015 to a staggering $15 billion in 2022, Deaton underscores the company’s confidence, especially evident in its Series C share buyback amidst the harshest crypto winter.

Ripple’s CEO, Brad Garlinghouse, has been lauded for his leadership, with the company’s actions signaling a bullish future for XRP.

Looking ahead, Ripple’s strategic financial decisions and steadfast commitment to XRP paint a promising picture for the cryptocurrency’s role in the evolving digital economy.

With a potential valuation of Ripple’s XRP holdings reaching $100 billion at a $2 token price, the future for XRP in the crypto industry is not just optimistic but also indicative of its potential to redefine financial paradigms.

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