Kevin Cage, an advisor at Iron Key Capital, a digital asset management fund that focuses on researching crypto enterprise adoption and decentralized data utility networks, recently expressed his strong belief in the potential of XRP on Twitter.
Iron Key Capital is a digital asset management fund that focuses on researching crypto enterprise adoption and decentralized data utility networks. Cage sees XRP as a survivor and major payment industry winner with a use case worth trillions of dollars.
According to Cage, XRP is currently one of the most efficient methods for transferring value. In addition, cage says that XRP’s diverse capabilities include integration with central bank digital currencies (CBDCs), sidechains, the liquidity hub, and a decade-long uptime track record, contributing to its appeal.
XRP has also been tested by central banks, operates on a decentralized exchange (DEX), and is already connected to numerous payment corridors.
According to data from TradingView, on crypto exchange Bitstamp, currently (as of 10:00 a.m. UTC on March 29), XRP is trading at around $0.5737, up 19.17% in the past 24-hour period:
In the past seven days and year-to-date, the XRP price is up 34.63% and 67.91%, respectively.
Here are what some popular crypto analysts on Twitter are saying about XRP’s massive price rally:
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