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EasyA Founders Reaffirm $1,000 XRP Price Target Despite Timeline Shift
The XRP price is under discussion as EasyA founders, Dom and Phil Kwok, reiterate their long-term prediction of XRP reaching $1,000. Despite the unclear short-term outlook, they maintain confidence in XRP's potential.
Key Points from EasyA Founders
- Dom and Phil Kwok discussed their views on the Thinking Crypto podcast.
- Their original forecast targets $1,000 by 2030, pending market regulation clarity.
- Increased institutional investment is expected post-SEC lawsuit resolution against Ripple.
XRP Growth Drivers
- Network effects are pivotal as rising prices attract more developers.
- XRP has surged 456% since last year, becoming a top-performing altcoin.
- Developer engagement and institutional interest bolster long-term growth prospects.
The long-term belief in XRP reaching $1,000 persists despite timeline debates, supported by strong network effects and institutional momentum.
