Crypto pundit XRP Queen has described an XRP price target of $10 as being too 
low, claiming that this target was from a retail investor’s perspective. She 
also suggested how high the altcoin could go from an institutional standpoint. 
Pundit Claims XRP Price Target Of $10 Is Too Low In an X post, XRP Queen 
stated that people predicting XRP price targets of between $10 and $25 are 
still thinking of retail price targets. This came as she claimed that Ripple 
has been thinking about global infrastructures. The pundit highlighted the 
firm’s moves, including its acquisition of payment and custody infrastructure. 
Related Reading: XRP Price Could Surge Another 30% If This Trend Is Confirmed 
Furthermore, XRP Queen noted that Ripple has integrated with banks, funds, and 
institutions, which she claimed is positioning the altcoin for real-time 
global settlement. The pundit also believes that the crypto firm has secured 
regulatory clarity where it actually matters, which is bullish for the XRP 
price. Lastly, she mentioned that Ripple is actively pursuing a full banking 
license, having secured conditional approval from the Office of the 
Comptroller of the Currency (OCC). XRP Queen declared that Ripple’s moves are 
how one builds financial plumbing. “Systems don’t move in pennies. They move 
in orders of magnitude. Lock in,” she added. Regarding how high the XRP price 
could rise based on institutional targets, XRP Queen suggested the altcoin 
could reach $100. In an X post, she stated that people laugh at an XRP price 
target of $100 because they price it like a meme, but that institutions price 
the altcoin like infrastructure. As such, she believes the altcoin could reach 
these price targets based on its utility, especially as it gains traction as a 
token for real-time global settlement. Canary Capital CEO Makes Bullish Case 
For XRP In a YouTube video, crypto pundit Cheeky Crypto highlighted a 
statement from Canary Capital’s CEO, Steven McClurg, in which he said that an 
XRP price target of between $5 and $10 may sound like a lot to a retail 
trader. However, he believes that these price targets are a rounding error 
when one considers the trillions of dollars in liquidity required to settle 
global real-world assets (RWAs) at scale. Related Reading: XRP Wave C Push On 
The Way: What Could Send Price Below $2? Cheeky Crypto also highlighted 
McClurg’s statement, in which he said the XRP Ledger is already processing 
real financial transactions and boasts real-world financial use cases, which 
he claims are drawing institutions’ attention. Notably, the Canary Capital CEO 
had recently predicted that XRP would dominate the RWA industry, which is 
projected to become a trillion-dollar industry at some point. This could boost 
the altcoin’s utility as the XRP Ledger processes more RWA transactions, 
sending the XRP price higher in the process. At the time of writing, the XRP 
price is trading at around $1.95, down in the last 24 hours, according to data 
from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

XRP Price At $10 Too Low? Pundit Says That’s For Retail, Reveals Institutional Targets

Chainlink&#8217;s innovation could revolutionize onchain equity trading, enhancing 
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The post Chainlink launches 24/5 access to US equities across 40+ blockchains 
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Chainlink launches 24/5 access to US equities across 40+ blockchains

The CFTC&#8217;s initiative could significantly reshape regulatory landscapes, 
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The post CFTC launches Future-Proof initiative to establish bespoke rules for 
digital assets and other emerging markets appeared first on Crypto Briefing.

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