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 in regards to the $XRP worth had been made in response to a Bitcoin HODLer who stated 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) just isn’t “a centralized database” and that though he doesn’t make worth predictions, it’s definitely doable for the $XRP to “hit $100 sooner or later”.
At the moment (as of seven:20 p.m. UTC on June 5), in accordance with data by CryptoCompare, $XRP is buying and selling round $0.3972, and it has a market cap of $39.72 billion.
On Could 31, Hamilton defined why digital asset $XRP has been in a position to 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.”
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