Between February 2021 and September 2021, Hamilton worked at Ripple as director of developer relations, and between September 2021 and March 2022 he served as lead developer advocate for the California-based FinTech company.
Hamilton’s comments on the $XRP price were made in response to a Bitcoin HODLer who said in a tweet that XRP “is literally a worthless entry on a centralized database” with no chance of ever having a market cap. of 5 trillion dollars (that is, its price reaches $100). Hamilton first pointed out that the XRP Ledger (XRPL) is not “a centralized database” and that although it does not make price predictions, it is certainly possible that $XRP “hits $100 at some point”.
Currently (as of 19:20 UTC June 5), according to data by CryptoCompare$XRP is trading around $0.3972 and its market capitalization is $39.72 billion.
On May 31, Hamilton explained why the digital asset $XRP was able to remain among the top 10 cryptoassets by market capitalization.
Hamilton told Duran that “the reason XRP has stayed in the top ten is because it works.”
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