TL;DR
- John Wingate, the CEO of Bank Social and a Hedera developer, made a statement on X that could make even the most stoic crypto enthusiast raise an eyebrow. Heâs bullish on HBAR and XRP, which is like saying youâre bullish on the sun rising tomorrowâobvious, but still worth mentioning.
- He suggested we think â1000000000xâ bigger when it comes to XRP, which is a bit like saying, âHey, why not just imagine a billion-dollar bill?â Spoiler alert: it doesnât quite translate to price.
Just had a meeting with the @Ripple team.
A great meeting. Maybe the greatest meeting in the history of international settlements. @hedera and $HBAR are still a huge part of the strategy.
And now, so is $XRP
Youâre not thinking BIG enough. Think BIG â then 1000000000x it.
â John Wingate (@PresidentHODL) May 23, 2025
With the XRP Army growing louder than a toddler in a candy store, Wingateâs post quickly became the hottest topic on Crypto X. Itâs like the crypto version of a viral cat videoâeveryone just had to share it.
Now, while he didnât spill the beans on what a potential partnership among Ripple, Hedera, and Bank Social might look like, he did call his meeting with the Ripple team âthe greatest in the history of international settlements.â Thatâs quite the claim! I mean, whatâs next? A meeting that cures world hunger?
In a follow-up, Wingate clarified that HBAR will be the behind-the-scenes hero for backend operations (think state checks and app nets), while XRP will be the flashy star for international money movement. And letâs not forget BSL, which will handle loans, lending, staking, and social governance around the DAO. Itâs like a crypto soap opera!
The zeros in Wingateâs original post sent XRP investors into a speculative frenzy, wondering if he was hinting at a price target. But alas, he quickly dashed those dreams, stating he never gives price predictions. Instead, he was referring to on-chain transaction volume, which is about as exciting as watching paint dryâunless youâre a data nerd, of course.
I never discuss price â these zeros are in reference to volume moved and on-chain transaction volume â relative to the use today.
I never give predictions on price
â John Wingate (@PresidentHODL) May 24, 2025
So, while Wingate may not be the oracle of price predictions, if youâre still curious about the topic, you can find more here. Just be prepared for some of the most outrageous predictions youâve ever seenâChatGPT has ranked them, and theyâre a doozy!
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2025-05-25 15:48