Between February 2021 and September 2021, Hamilton labored at Ripple as Director of Developer Relations, and between September 2021 and March 2022, he was the Californian FinTech agency’s Principal Developer Advocate.
Hamilton’s feedback concerning the $XRP worth had been made in response to a Bitcoin HODLer who mentioned in a tweet that XRP “is actually a nugatory entry on a centralised database” with no likelihood of ever having a $5 trillion market cap (i.e. its worth reaching $100). Hamilton first identified that the XRP Ledger (XRPL) isn’t “a centralized database” and that though he doesn’t make worth predictions, it’s definitely potential for the $XRP to “hit $100 in some unspecified time in the future”.
Presently (as of seven:20 p.m. UTC on June 5), in response to data by CryptoCompare, $XRP is buying and selling round $0.3972, and it has a market cap of $39.72 billion.
On Might 31, Hamilton defined why digital asset $XRP has been capable of keep among the many high 10 cryptoassets by market cap.
Hamilton instructed Duran that “the rationale that XRP has stayed within the high ten is as a result of it really works.”
The views and opinions expressed by the writer, or any folks talked about on this article, are for informational functions solely, and they don’t represent monetary, funding, or different recommendation. Investing in or buying and selling cryptoassets comes with a threat of monetary loss.