US record producer Eric Finnerud, known as E-Smitty, surprised with his latest Ripple (XRP) predictions. The expert says the price will reach five digits, not just $1,000.
“Ripple price may see five digits”
E-Smitty remains bullish on XRP and a few other cryptocurrencies. According to him, soon the whole world will adopt cryptocurrencies. The US record producer pays collaborative musicians in XRP to accelerate this. Meanwhile, he’s not the only phenomenon to be bullish on XRP. Former US politician David Gokhshtein also highlighted the importance of XRP for the market in his latest tweets. Gokhshtein, a popular meme coin proponent, says that if Ripple wins its legal battle with the SEC, it will be a “parabolic uptrend” for the entire market.
Now, a similar wild guess came from E-Smitty. XRP, HBAR, LCX and ALGO supporters made their statement on Twitter that marked the day:
XRP will not only reach $1,000, it will reach 5 digits and beyond! XRP is a standard!
$XRP won't hit $1000 it will hit 5 digits and beyond!!! $XRP is the standard!!!
— E. Smitty $XRP $HBAR $LCX $ALGO Family!!! (@THEREALESMITTY) October 19, 2022
E-Smitty and David Gokhshtein’s rally expectations are likely based on Ripple’s victory in the legal battle with the SEC. Ripple has already prevailed by forcing the SEC to release the Hinmann documents. The XRP price has completed a 40% rally in the past weeks following the positive course of the case. However, this is not the only trump card Ripple and XRP hold. A senior executive of the company highlights the new strategic principles adopted by the fintech giant.
David Schwartz says the company now provides a whole new approach to the industry
David Schwartz, co-founder of XRP Ledger and now chief technology officer of Ripple, took to Twitter to share with his followers that the blockchain giant has been pursuing a new strategy for the past few years. Schwartz says it’s his passion to find and/or create technology that will allow Ripple to do what they couldn’t before, and to target customers they couldn’t reach before.
Now, I hope your first thought is that we do know what products to build for which customers. [I gave a thumbs up sign] Agreed.
But I fear your second thought is, "so what is he still doing here?" [hold for laughter] 4/6
— 𝙳𝚊𝚟𝚒𝚍 𝚂𝚌𝚑𝚠𝚊𝚛𝚝𝚣 (@JoelKatz) October 18, 2022
On the other hand, Ripple shared earlier this week that a new wave of NFT projects has joined the Ripple Creator Fund, which includes $250 million to support XRP Ledger-based projects. Projects participating in the fund include media, music, sports, real estate, carbon credits, etc. operates in the fields. The new creative wave is working in the metaverse, gaming, music and many other areas. It also produces NFTs on XRPL. The first wave of these developers was announced by Ripple at the end of April. As a result, the company is preparing to operate in the NFT field, focusing only on cross-border payments.
