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The short answer is that Ripple will never reach $10,000 or a price even close to this level. The reason for this is that the supply of XRP is simply too large for the coin to reach $10,000 in any realistic scenario.
Can XRP reach $100? Reaching a $100 price point would mean a market capitalisation of roughly $5.2 trillion for XRP, considering the current circulating supply of about 52 billion. This would be more than four times larger than the current value of all cryptocurrencies combined.
But for XRP to turn a $10,000 investment into over $1 million, it would need to generate a 100-bagger gain. Even the most bullish forecasts fall short of those expectations.
At a $1,000 price, the market would need to move 1 billion XRP tokens to account for a $1 trillion volume and 20 billion tokens for a $20 trillion volume. For XRP to clinch a $1,000 price, it would need to skyrocket by a massive 188,543% from its current value of $0.5301.
According to the technical analysis of XRP prices expected in 2024, the minimum cost of XRP will be $0.490. The maximum level that the XRP price can reach is $0.642. The average trading price is expected around $0.794.
And Valhil Capital, a private equity firm, thinks the price will climb so much that you only will need 100 XRP to be a millionaire. The average XRP holder would become a millionaire at an $80.97. But would 'they' let us get rich? For those of you doing the quick math at home, that's a price of $10,000 or more each.
At a value of $0.31 this is absurd. After all, who could possibly require the use of one millionth of 31 cents? But at a much higher token value, say $10,000 per XRP, that divisibility makes sense, for two reasons: Low transaction cost and affordability for small retail use.
Can XRP Reach 500 Dollars? For XRP to achieve a price of $500, it would necessitate an increase of over 1,000 times its current value. While theoretically possible in the dynamic world of digital assets, this scenario faces significant practical hurdles.
Since the lawsuit concluded, a Ripple XRP price prediction is going to be challenging to say the least. In 2025, there are some who are now calling for $2, while at the same time there are people suggesting that $5 is more likely.
The bottom line: $10,000 is a completely unrealistic price target, but XRP could still grow. It's pretty clear that XRP will never reach a price of $10,000, as the coin's market capitalization would be unrealistically large at that price.
David Cox, writing on the CryptoNewZ platform, anticipated that XRP could reach a high of of $1.53 by 2025, with a low of $1.06 for the same year. Another Ripple price forecast by AMBCrypto estimated the XRP price could hit a high of $2.01 in 2030, with a short term prediction of a high of $0.61 in 2024.
Can it reach 35k? Yes it can but it will take some time. My reasons for it is that Gold has a market capital of roughly $11T and Silver has a market capital of $1.3T right now. If XRP has the same market capital as Silver, it will be $26.
Regardless of the bearish certainties, many analysts continue to remain bullish on XRP and believe it to be a good time to stack XRP. The recent SEC update has boosted optimism around the token.
While it's impossible to predict the future with absolute certainty, reaching $1 for Bonk coin seems highly unlikely based on its current price trajectory and market dynamics.
XRP price prediction 2035: XRP's price for 2035 according to our analysis should range between $16.14 to $24.21 and the average price of XRP should be around $20.18.
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Introduction: My name is Duncan Muller, I am a enchanting, good, gentle, modern, tasty, nice, elegant person who loves writing and wants to share my knowledge and understanding with you.
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