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Jordan Belfort, “The Wolf of Wall Street,” believes XRP will hit $10

Jordan Belfort, the popular former stockbroker dubbed as “The Wolf of Wall Street,” has been diving into the crypto space and has now declared himself a proponent of XRP, the Ripple token.

Jordan Belfort, "The Wolf of Wall Street," believes XRP will hit $10

Jordan Belfort, “The Wolf of Wall Street,” believes XRP will hit $10

Known for his insidious stock market practices and scandalous lifestyle, Belfort has been taking to Twitter to share his fondness for non-fungible tokens (NFTs) and his stance in favor of some cryptocurrencies with his 630,000 followers.

In a recent tweet, the former broker revealed that he is a whale – a big investor – of XRP; And he’s not the only one, he says that the man who fixes his TV is also a proponent of Ripple’s currency. In fact they both have quite optimistic price projections for XRP.

I am a large holder of XRP(six figures)! My TV guy thinks it’s the best thing since sliced bread. Thinks it’s going to $10,000. I hope he’s right, but I’ll settle for $10

If Belfort’s prediction of $10 is correct, XRP would see a 900% increase from its current price around one US dollar.

At the beginning of the year, the Ripple cryptocurrency managed to overcome the price barrier of $1 for the first time since 2018. At that time, the bullish rally of the market brought its price very close to $2.

However, XRP is still a long way from its all-time price high of $3.4 recorded three years ago. The commercial performance of the cryptocurrency was negatively affected last year, amid the controversial lawsuit introduced by the US Securities and Exchange Commission (SEC), which accused the company Ripple and its executives of the illicit sale of securities. not registered.

The former stockbroker hasn’t been the only one to come out to defend XRP this week, Coinbase CEO Brian Armstrong also showed his support for Ripple in the context of the legal battle with the SEC.

Armstrong said that the regulator’s actions actually hurt consumers and agreed with a comment from Mike Novogratz who said XRP’s bullish performance in recent months was a sign that people are bullish on the token beyond. of SEC shares.

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