The XRP community is responding with amusement and skepticism as well-known critics shift their outlook on XRP. One of the latest figures to make a surprising prediction is Davinci Jeremie , a long-time Bitcoin proponent who has previously dismissed the token. In a recent social media statement, Jeremie projected that XRP could rise to $20 to $24 during this market cycle. Given the token’s current value of approximately $2.78, this forecast implies a 763% increase. The prediction has generated mixed reactions, with some community members viewing it as an unexpected turnaround and others remaining wary of his new stance. Former XRP Critics Now Reevaluate Jeremie has been vocal about his skepticism toward XRP for years, frequently criticizing its fundamentals and suggesting that the asset could become worthless. However, as the token’s price and adoption gain momentum, many former skeptics, including Jeremie, have started reconsidering their views. Other critics who recently voiced a more positive outlook on XRP include Raoul Pal, CEO of Real Vision, and trader Peter Brandt . Brandt, for instance, has suggested that the token’s market capitalization could reach $500 billion, translating to a price of $8 per token. This shift in sentiment from influential figures has caught the attention of XRP community members, with many questioning the motivations behind these revised perspectives. Community Response: A Shift or an Attempt to Save Face? Jeremie’s updated stance has sparked debate among XRP supporters that critics are now adjusting their narratives to avoid being proven wrong. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Tony Edward, the founder of the Thinking Crypto podcast, responded sarcastically to Jeremie’s remarks, describing the shift as an “XRP hater capitulation.” He pointed out that several high-profile individuals who previously dismissed the token, including billionaire investor Mike Novogratz, are now attempting to reposition themselves. According to Edward, these critics are trying to downplay their earlier comments to avoid losing credibility within the crypto space. Jeremie Maintains Skepticism Despite Price Prediction While Jeremie acknowledges the potential for significant short-term gains, he remains unconvinced about XRP’s long-term viability. He has reiterated his belief that the asset is too closely aligned with the traditional banking system, making it an unsuitable investment for those seeking long-term returns. Jeremie argues that XRP’s association with financial institutions introduces an element of unpredictability, similar to centralized banking entities like the Federal Reserve. This view has led him to caution against holding the token as a long-term asset. His disclaimer has drawn further criticism from the community, with some dismissing it as an attempt to spread fear, uncertainty, and doubt (FUD). Despite the backlash, his prediction has added fuel to the ongoing debate about the token’s future trajectory and the changing perspectives of its most vocal critics. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Bitcoin Proponent Predicts XRP’s $24 Price Target, XRP Community Reacts appeared first on Times Tabloid .
