XRP's Biggest Critic Now Predicts $24 Price Surge

XRP, the third-largest cryptocurrency by market capitalization, has been the subject of a dramatic shift in sentiment from one of its most vocal critics. Davinci Jeremie, a popular crypto pundit, has reversed his stance on XRP, predicting a significant price increase to $24 in the next bull market cycle.

Jeremie, once known as the "biggest hater" of XRP, had previously predicted that the asset's value would ultimately crash to zero. However, he has now projected a rosy outlook for the cryptocurrency he once reviled. In a recent statement, Jeremie suggested that XRP could rocket to as high as $20-$24 during the incoming bull phase in 2025.

XRP's price has been on an upward trajectory, trading 32% above its $2.12 low reached on Feb. 3, and up 3.8% over the last 24 hours to $2.81. To reach Jeremie's projected $24 price target, XRP would need to rise by a whopping 754%. This newfound optimism from a prominent Bitcoin maxi has caught the attention of the cryptocurrency community.

The increasing number of XRP skeptics now flipping bullish on the third-largest crypto has been noted by industry figures. Tony Edward, host of the Thinking Crypto podcast, described the shift as the "XRP hater capitulation," stating that it "is beautiful to behold." Other prominent figures who previously dismissed XRP, including crypto billionaire Mike Novogratz, are now reportedly "scrambling to buy and cover their tracks so they don’t look like fools," according to Edward.

XRP's bullish outlook is further boosted by increasing optimism over the possibility of the U.S. Securities and Exchange Commission (SEC) approving a spot exchange-traded fund (ETF) tracking the XRP price. The SEC recently acknowledged XRP ETF proposals from Grayscale and 21Shares, despite the ongoing case against Ripple, the issuer of XRP. If approved, these filings would lead to the first XRP ETFs in the country.

The greenlighting of XRP products would boost liquidity and provide a regulated investment vehicle for institutional investors to gain exposure to the cryptocurrency. This would dramatically