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- King Karan stresses the importance of XRP’s potential banking integration.
- Ripple’s technology offers faster, more efficient transactions than SWIFT.
Bitrue Ambassador King Karan has argued persuasively for XRP, stressing that it would be the biggest mistake to miss out on its possible integration into the world banking system. In a recent post on X, Karan conveyed his unflinching faith in the seventh-largest cryptocurrency by market cap.
For me it doesn't matter if XRP will take off tomorrow or 2 years later.
I have my money on enough alts that money will be made no matter what.
But the biggest mistake someone can make is missing out on XRP's implementation into the financial banking system.
— 👑 𝕂𝕚𝕟𝕘 𝕂𝕒𝕣𝕒𝕟 👑 (@KingKaranCrypto) June 27, 2024
King Karan’s Confidence in XRP
King Karan made clear in his piece that he does not give a damn if XRP rallies much in the next two years. He has a safety net from his diversified holdings in several cryptocurrencies, which guarantees income despite fluctuations in the short-term price of XRP. This assurance results from his conviction that XRP has more promise.
Karan did stress, though, that anyone who ignores XRP’s eventual integration into the international financial banking system may be making the biggest investing error of their life. His claim emphasizes the revolutionary potential of such an integration for the worth and usefulness of XRP.
Impact on The Token’s Price and Utility
According to Karan’s comments, XRP’s price may rise dramatically if it is successfully integrated into the banking industry. Current changes in the Ripple ecosystem validate this opinion. For example, the new stablecoin RLUSD from Ripple seeks to increase the usefulness and market presence of XRP, as previously reported by CNF.
In addition, Ripple is positioned differently in the financial market by its technology, which is renowned for faster and more effective transactions than SWIFT.
Meanwhile, CoinMarketCap data shows that the price of XRP at the moment of writing is at $0.4752, down 0.49% over the last 24 hours.
