Ripple (XRP) News: Researcher claims XRP could reach $1,000 if Trump makes this $34 Trillion move

Source Fxstreet
  • XRP price perched above the $3.15 mark on Friday, up 13% since Trump’s inauguration. 
  • Prominent Researcher, Dr Horace Drew has speculated that President Trump could mitigate the $34 trillion federal debt by choosing XRP over Bitcoin for the US Strategic Reserve.
  • Drew also speculated that as XRP’s value skyrocketed from its current $3.15 level to as much as $1,000
     

XRP price prodded above the $3.15 mark on Friday, up 13% since Trump’s inauguration. Speculations around US adoption of cryptocurrency for strategic reserve has sparked optimistic predictions among market watchers. 

XRP price holds firm above $3 as Trump catalysts kick-in

Having run a crypto-friendly manifesto, President Donald Trump’s administration has been a major talking point among digital asset traders over the last three months.

This is especially true among Ripple (XRP) investors and a handful of privacy-focused tokens that came under intense scrutiny during the Biden administration.

In the days leading up to the inauguration, Ripple Co-founder Brad Garlinghouse confirmed his attendance at a Mar-a-Lago dinner with President Trump, heightening market speculations of the firm's positive links to the administration.

As expected, XRP's price reacted positively as President Trump leaned aggressively towards the crypto sector, launching memes, pardoning Ross Ulbricht, and appointing key figures like Paul Atkins as SEC Chair and David Sacks as Crypto Czar.

Ripple (XRP) Price Action, January 24, 2025 | Source: TradingView 

The chart above shows XRP's price moving up 13% since the inauguration, rising from $2.80 on Monday to hit $3.20 at press time on Friday.

These developments have evidently boosted investor confidence in XRP, as the Trump administration's pro-crypto stance suggests potential favorable regulatory frameworks ahead. 

DNA Scientist, Dr Horace issues $1,000 prediction if Trump replaces Bitcoin with XRP for US strategic reserve. 

Market watchers are optimistic that continued support from the highest levels of government could further propel XRP's value in the coming months.

However, those speculations heightened on Friday as  Dr Horace Drew, an Australian DNA Scientist, and recognized figure within the global XRP community issued bold price prediction targets for the Ripple-backed coin under Trump’s Presidency. 

The speculative narrative surrounding Ripple’s XRP surged to new heights as Dr. Horace Drew, an Australian DNA scientist widely recognized in the global XRP community, issued a provocative $1,000 price forecast.

Known online by his pseudonym “Red Collie,” Drew is no stranger to bold predictions, and his latest theory ties XRP’s meteoric rise to President

Trump’s potential crypto policy maneuvers.

In a series of viral tweets, Dr. Drew suggested that Trump may opt to use XRP, instead of Bitcoin, for the U.S. Strategic Reserve. His reasoning?

Bitcoin’s purchase would increase the $34 trillion federal debt, whereas utilizing Ripple’s escrowed XRP holdings—currently held by the SEC under litigation—could effectively bypass that financial burden. 

Drew speculated that as XRP’s value skyrocketed from its current $3.15 level to as much as $1,000, the U.S. could cancel its federal debt entirely while generating surplus funds for other initiatives.

“Trump is cunning like a fox,” Drew remarked, pointing to multiple “tells” that suggest Ripple’s deeper involvement in government-level strategies.

Among his claims:

  • Ripple Board Member Rosie Rios, whose signature graces U.S. $100 bills, reportedly intends to work closely with Trump.
  • Donald Trump Jr. 's crypto investments deliberately avoid XRP to prevent conflicts of interest.
  • The SEC’s legal battle with Ripple, which includes escrowed XRP as a potential penalty, hints at future government use.

Drew also cited Trump’s promises to eliminate the federal debt “right away” and cryptic posts from Ripple-affiliated communities referencing the $34 trillion figure.

However, market watchers remain cautious of the legal complexities and geopolitical risks associated with XRP’s adoption at such a scale.

While Dr. Drew’s projections are largely speculative, Nonetheless, Drew’s prediction underscores growing optimism within the “Ripple Army” as Trump’s administration kicks off. 
 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Dollar holds above 100 near a 3-month high — three Fed speakers and a $69 billion auction land tonightThe dollar index closed at 100.43 on Monday, its highest close since late July, after a weekly gain of about 1% — the best in more than three months — and is holding above the 100.00 handle in Asia. Three Fed officials speak tonight alongside a $69 billion two-year note auction, the first leg of $183 billion of Treasury supply this week.
Author  Suzie
Sep 22, Tue
The dollar index closed at 100.43 on Monday, its highest close since late July, after a weekly gain of about 1% — the best in more than three months — and is holding above the 100.00 handle in Asia. Three Fed officials speak tonight alongside a $69 billion two-year note auction, the first leg of $183 billion of Treasury supply this week.
placeholder
October hike odds climb toward 60% as Goldman and BofA both flip — what Warsh's "dose of accommodation" really changedRate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
Author  Irene Q.
Sep 23, Wed
Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
placeholder
Memory chips surge, Nasdaq notches a second straight record close — why the Dow fell 185 points anywayMicron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
Author  Irene Q.
Sep 23, Wed
Micron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
placeholder
Gold Price Forecast: XAU/USD drifts toward $4.300 with bears gaining tractionGold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
Author  FXStreet
Sep 23, Wed
Gold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
placeholder
US input costs rose at the fastest pace in four years — the September flash PMI beat is an inflation story, not a growth storyUS September flash PMIs came in far above expectations, with the composite at 58.4, a five-year high. But the detail that moved markets was input cost inflation at its fastest since October 2022, driven by fuel, transport and supply shortages. Brent is back above $100 and the 10-year Treasury yield has hit its highest since 2007.
Author  Suzie
Yesterday 06: 46
US September flash PMIs came in far above expectations, with the composite at 58.4, a five-year high. But the detail that moved markets was input cost inflation at its fastest since October 2022, driven by fuel, transport and supply shortages. Brent is back above $100 and the 10-year Treasury yield has hit its highest since 2007.
Related Instrument
goTop
quote