A popular crypto pundit has examined a forecast by XRP enthusiast, Edward Farina, who predicted the XRP price could reach $10,000 if the Ripple network replaces SWIFT and takes full control of the cross-border payments system. 

Analyst Cautions XRP Price Forecast

Crypto analyst, the Modern Investor, has released a lengthy YouTube video presenting his views on a recent XRP price prediction made by Edward Farina, an XRP enthusiast and the CEO of Alpha Lions Academy.

Earlier in November, Farina predicted that the price of XRP could soar to $10,000 if the Ripple Network takes over SWIFT, a global messaging network used by banks. Farina’s forecast hinges on Ripple’s value as a global payments network that offers faster, inexpensive, and more scalable services than Bitcoin. 

In the YouTube video, the Modern Investor expressed skepticism about the likelihood of XRP reaching $10,000 in a few years, suggesting that reaching the five-figure milestone would likely take two decades for the cryptocurrency. He further stressed his evaluation in an X post after a member asked him why he thought XRP could attain a price of $10,000 in “decades.”

“The supply. There are 100 billion XRP & 120 Million ETH. It will take decades for the XRP supply to burn low enough for it to be able to hit a 5 figure sum. It’s unrealistic to think that XRP would absorb 40 quadrillion dollars worth of the value of the M1,2,3 supply in only 10 years,” the Modern Investor stated. 

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Farina Asserts No Warning Signals From FED

In a recent X post

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Author: Scott Matherson

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