Thomas Kralow suggested that if Ripple (XRP) wins the SEC lawsuit, XRP could rise to $30 in the short term.
Thomas Kralow, founder of asset management firm Kralow Capital and crypto hedge fund manager, said in an interview published on FXStreet on June 16, that Ripple’s US Securities and Exchange Commission (SEC) opened by unregistered securities He made a statement about the prices that Ripple expects to rise if he wins his case.
Kralow, fly or four minimum of XRP per month $ 10 maximum 30 dollars rising to the level 20 with 60 times on can gain value He claimed.
Thomas Kralow; Contents of Hinman documents, former Director of SEC William Hinman’s 2018 of a year in his speech Comments on Ethereum and of regulators of XRP securities opposing the definition Feeding XRP speculation three main factors showed as.
In this context, the fund manager related factors for a while to speculate leading to the XRP price can raise expressed
Kralow, Google Trends data for the industry increase in interest pointing out that XRP searches have passed double the month noticed that he was out. The trader made the following statements on the subject:
Currently, we are seeing massive speculative rhetoric that could potentially lead to a significant price increase for XRP in the next three to four months, driving its value to anywhere between $10 and $30.
On the other hand, according to Kralow’s statements IPO of Ripple Labs or that XRP is not a security legal aspect proving also an important factor in the price increase. catalyst or milestone may play a role.
Also, famous cryptocurrency trader Cameron Fous suggested that Ripple could be the only cryptocurrency with the potential to make investors rich this year.
According to Coinecko data after the release of the Hinman documents 0.561 dollars rising to the level 7% appreciated XRP, as of writing $0.488 traded at the level.