Web Analytics
TimesTabloid
2025-06-07 05:41:31

Pundit Walks Back $1,200 XRP Price Prediction, But Elon Musk’s Grok Raises It Higher

Crypto commentator RemiReliefX has revisited his earlier XRP price forecast, using a mix of sarcasm and confidence to highlight how recent developments appear to support his original claims. Referring to a prior estimate of $1,200 per XRP , he wrote: “I Owe Everyone an Apology … Just wanted to say sorry to all my soldiers for that $1200 XRP Price Prediction…WTF was I thinking.” He went on to mock his earlier position, stating that even Grok, an artificial intelligence model, had “corrected” him by predicting $1,700. Despite the sarcasm, the message pointed to a deeper claim: that predictions made months ago about Ripple and XRP are now being supported by technical documentation and broader adoption signals. The tweet references content shared in December 2024 and early 2025, now positioned as evidence that XRP is on the verge of widespread institutional use and major price movement. I Owe Everyone an Apology … Just wanted to say sorry to all my soldiers for that $1200 XRP Price Prediction…WTF was I thinking Then to have @grok correct me and up my prediction to $1700…how embarrassing I should have known better when I said $1200…it will be… pic.twitter.com/ifiHByY38l — The Real Remi Relief (@RemiReliefX) June 4, 2025 Early Claims About XRP’s Role in the Financial System In a tweet dated December 4, 2024, RemiReliefX stated that XRP and XLM were selected by the International Monetary Fund (IMF) and the Bank for International Settlements (BIS) to operate within a new global financial framework. He claimed, “All the banks will use XRP,” and speculated that even capturing 10% of SWIFT’s network could lead to a valuation of $1,000 per token . He urged followers to consider not only SWIFT but also integration with Visa, Mastercard, hedge funds, and even U.S. Treasury markets. This forecast was closely tied to XRP’s utility and potential for institutional adoption. Remi’s argument hinged on the idea that XRP’s functionality would align with regulatory bodies and global payment systems, increasing its valuation through actual use rather than speculative trading. XRPL and ISO 20022 Integration References Supporting this line of thought, user @SMQKEDQG posted screenshots that appeared to show Ripple’s Interledger Protocol being acknowledged on the ISO 20022 official documentation site. ISO 20022 is the global standard for financial messaging infrastructure, and the documentation appeared to confirm Ripple’s involvement via an approved request, possibly linked to integration with SWIFT. Another image shared by @SMQKEDQG showed excerpts from academic writing hosted on a UK university site. The highlighted section described Ripple and the XRP Ledger (XRPL) as modeling an entire financial ecosystem, extending beyond cryptocurrency into the structure of financial value exchange. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Ripple’s Potential as a Future Bank A follow-up tweet by RemiReliefX on May 4, 2025, built on these assertions. He responded to user Stellar Rippler, who had claimed that Ripple is “going to become a bank.” In agreement, Remi wrote, “Like I said in January…Ripple will be the biggest and best bank…The Fed/Treasury.” Remi’s comments suggest a belief that Ripple is not just a tech firm but could transform into a central player in financial infrastructure, potentially applying for a formal banking license. According to the original post by Stellar Rippler, Ripple’s transition into a licensed financial institution would significantly change its public and regulatory role. The post described Ripple as “the future Fed wrapped in blockchain,” positioning the company as a bridge between traditional finance and emerging digital networks. Reaffirming His Position with “Remi Receipts” RemiReliefX closed his June 4 post by reasserting that his previous statements were accurate, referring to his evidence as “Remi Receipts.” He paired this with a nod to @SMQKEDQG’s shared material, collectively portraying the two as having predicted Ripple’s trajectory well in advance. Despite the tweet’s humorous tone, it continued to emphasize serious points about institutional involvement, ISO 20022 validation, and the possible transformation of Ripple from a software company to a banking institution. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Pundit Walks Back $1,200 XRP Price Prediction, But Elon Musk’s Grok Raises It Higher appeared first on Times Tabloid .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.