Arthur Britto Posts on X After 13 Years, XRP Price Jumps Over 8%
Arthur Britto, co-founder of Ripple and the XRP Ledger, made his first public post in over ten years on X, sharing a simple emoji. Ripple CTO David Schwartz confirmed the authenticity of the post.
Key points:
- Britto co-created the XRP Ledger in 2012 with Schwartz and Mt. Gox founder Jed McCaleb.
- He has remained intensely private, avoiding public appearances and interviews.
- Britto’s involvement is noted in legal cases related to Ripple, including an ongoing SEC lawsuit.
XRP Price Update
Following Britto's post, XRP rose over 8%, recovering from a low of $1.92 to around $2.18, with a 1% increase in the past day.
- Investor Edward Farina compared current prices to buying Bitcoin under $100, cautioning against waiting for better entry points.
- Crypto researcher Ripple Van Winkle indicated that XRP could see minimal resistance after surpassing the $3 mark, predicting a potential move of 36% could trigger significant growth.
- Ripple Van Winkle forecasts XRP may reach $10 by the end of 2025, currently trading 43% below its all-time high of $3.84 from 2018.