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Cryptocurrency News Articles
Prominent Bitcoin Pundit Davinci Jeremic Has Shared a Bullish Outlook for XRP Despite His Long-Standing Reservations About the Ripple-Linked Coin
Apr 19, 2025 at 04:01 am
Prominent Bitcoin pundit Davinci Jeremic has shared a bullish outlook for XRP despite his long-standing reservations about the Ripple-linked coin.
Prominent Bitcoin pundit Davinci Jeremic has shared a bullish outlook for XRP despite his long-standing reservations about the Ripple-linked coin.
In a recent video on the X platform, Jeremie indicated that XRP was poised to potentially hit the $24 mark before the end of 2025.
A Daring XRP Prediction
After years of being a staunch XRP skeptic, Davinci Jeremie, known for his uncanny market insights, changed his tune earlier this year and made a bullish forecast for the crypto.
At the time, XRP was trading at a multi-year high of nearly $3.40, and he predicted that the cross-border payments coin was headed to the $20-$24 range before the end of this cycle.
The price of XRP has since dropped in tandem with the crypto market amid the US-Sino trade war. The crypto is currently testing the support level at $2 after plunging to $1.65 earlier this month.
Nonetheless, Jeremie still expects XRP to “possibly” climb to $24 as he believes there are many people in the United States government who are “pushing XRP." He was likely referencing recent developments, including U.S. President Trump's announcement that the government would add XRP to the national stockpile.
Trump signed an executive order mandating the U.S. Treasury to hold Bitcoin confiscated in criminal and civil forfeitures in a strategic BTC reserve. The EO calls for a U.S. Digital Assets Stockpile — a separate entity — that will consist of a variety of altcoins, including Ripple's XRP, seized through forfeitures alone.
While the federal government might sell some of the assets in its stockpile, industry pundits like Jeremic are convinced that XRP featuring in conversations within high-level government circles is a bullish catalyst that could launch the token's price to the moon this year.
As such, he said there's a chance that XRP does "something crazy" this year. The crypto would need to jump over 1,040% from its current price to hit the forecasted $24 price target.
The Caveat
Despite the rosy prospects, Jeremic emphasized that investors should not buy XRP as it is a "banker coin," thus acquiring it means supporting banks known to enrich themselves at the expense of the poor.
"Do you want to support a banking system that gets free money on your behalf and steal from you whenever they screw up?" he summarized.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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