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$500 XRP Within 7 Months? Wells Fargo Treasurer Shares Hot Take

Published 31/07/2023, 17:39
© Reuters.  $500 XRP Within 7 Months? Wells Fargo Treasurer Shares Hot Take
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  • A finance and crypto influencer believes that XRP will rally as high as $500 in the next seven months.
  • The influencer’s projection was based on XRP’s potential utility in the traditional finance space.
  • A previous XRP whitepaper from Valhil Capital valued the token between $3,500 and $21,900.

A finance and crypto influencer recently made a bizarre projection regarding the price of XRP. The influencer, who also works in treasury management for banking giant Wells Fargo, believes that XRP will witness a 14,000% rally all the way up to $100 within the next seven months.

Wells Fargo’s Shannon Thorpe recently took to Twitter to share her take on XRP’s widely debated future price action. According to the influencer, most projections come from two groups within the XRP community, one that relied on technical analysis for short-term predictions, and one that based their long-term projections on XRP’s utility as a mode of international settlements.

Thorpe told her followers that the potential for XRP’s growth should not be limited to its categorization as a non-security token. Instead, one should rely on its potential in the traditional finance payments spac…

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