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Cryptocurrency News Articles

Early Bitcoin investor Davinci Jeremie revisits his January call that XRP might rally to $24

Apr 17, 2025 at 09:30 pm

Early Bitcoin investor Davinci Jeremie is once again stirring conversations in the crypto community, after revisiting his January call that XRP might rally to $24.

Early Bitcoin investor Davinci Jeremie revisits his January call that XRP might rally to $24

Early Bitcoin investor Davinci Jeremie is once again stirring conversations in the crypto community, after revisiting his January call that XRP might rally to $24.

Back then, the digital asset had surged to $3.34, the highest in seven years, before losing half its value just weeks later. It dropped to $1.64 earlier this April but has since bounced back slightly, now trading at $2.09.

In a new video posted on April 17, Jeremie toned down his earlier optimism, admitting the $24 mark is “possibly” within reach—but with caveats. This comes just three months after his bold shift from years of declaring it worthless to predicting a 1,048% rally.

Jeremie remains cautious, stating clearly that XRP still isn’t a coin crypto enthusiasts should trust. He bluntly said, “Sell your XRP buy Bitcoin. In the long run, it’ll do better anyways.” This position stands in sharp contrast to the figures backing its growth this year.

One of the main reasons Jeremie thinks Ripple’s token might break out lies in growing political interest. According to him, “many people in the U.S. government [are] pushing XRP.”

Though he didn’t provide specifics, the timing aligns with a recent announcement from Donald Trump. Last month, the former U.S. President claimed the government would include XRP in its national crypto reserves.

Interestingly, Trump mentioned XRP before Bitcoin or Ethereum. The order eventually signed only included Bitcoin, but commentators argue the mention still shows XRP is in high-level discussions. This has added weight to opinions suggesting government backing could drive its price far beyond past highs.

Ripple CEO Brad Garlinghouse once floated the idea of a U.S. crypto reserve made up of several assets, including Bitcoin and XRP. While no formal policy has followed, its consistent appearance in such discussions fuels speculation.

Though Jeremie remains skeptical about its long-term value, others in the crypto community are going further than his $24 prediction. Analysts like Egrag and Javon Marks see potential beyond $24, with Amonyx even suggesting last August that it could hit $50, stating bluntly, “there is nothing anyone can do about it.”

Some major predictions go as high as $100, though those are viewed more as hype than grounded analysis. Still, reaching just $24 would be a monumental milestone. With today’s price at $2.09, that level represents a 1,048% climb. If achieved, it would not only smash its all-time high but also surpass the trillion-dollar market cap mark and enter double-digit pricing territory.

Jeremie’s main concern lies in its connection to traditional banking. He called XRP a “banker coin” and said:

“Do you want to support a banking system that gets free money on your behalf and steal from you whenever they screw up?”

Despite his harsh view, market interest remains, largely driven by its potential utility and rising institutional conversation.

Related Readings: Coinbase’s Base Launches Memecoin Frenzy As Traders Face Huge Losses

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Other articles published on Apr 19, 2025