To reach $100, XRP will have to rise 209x. That translates to a market cap of $5.2 trillion (equal to 12x the current market cap of Tesla). This looks incredibly unrealistic.
Will XRP be worth $1000 by 2030? Our Ripple price prediction estimates XRP could reach possible highs of $9 by the end of 2030. Based on its supply of 100 billion tokens, $1000 per XRP coin would put the market cap at 100 trillion.
'Many experts have been reluctant to make a Ripple price prediction higher than $500 a coin. However, this seems to have changed with usually-conservative experts now suggesting that XRP could reach up to $1,000 a coin in a few years”, Kaplan said in his article.
Based on current projections, most experts have agreed that Ripple's price can go up to the $250-$300 range in ten years. Ripple Coin News says that Ripple price could rise to $30 in 10 years.
Given the current conditions, which are completely different, it is likely that XRP would take even longer than 216 years to reach $10,000. In a combination of the above scenarios, the number of coins circulated would fall substantially making it possible for Ripple to reach $10000 in say 3-4 decades.
XRP Price Forecast for December 2023
Having analyzed XRP prices, cryptocurrency experts expect that the XRP rate might reach a maximum of $$0.514 in December 2023. It might, however, drop to $$0.409. For December 2023, the forecasted average of XRP is nearly $$0.462.
Theoretically, XRP might reach new heights in 10 years if the Ripple business performs well. Most experts agree that Ripple's price can rise to the $250 range–$3 in ten years based on current predictions.
According to Ripple's CEO Brad Garlinghouse, the verdict in the company's lawsuit against the SEC could be delayed until the end of the first quarter of 2023. In the event of a good outcome, the price of XRP might rise to as high as $50.
This article reviews this coin's prospects and what it holds in the future for the crypto market and investors. Plus, we've answered the question, "Can XRP reach $1000?" Overall, this is unlikely in the coming years. In order for Ripple to reach $10,000, it needs to have a much larger market capitalization.
This is because its total circulation is less than 100 billion, which means it would need to have a market cap of $100 trillion for XRP to hit a price of $1,000.
If the court rules in Ripple's favor, XRP's value could skyrocket. However, a ruling against it could send XRP to zero. Given the nature of the risk involved, long-term investors should avoid XRP.
How much will XRP be worth in 2030? XRP has amazing potential over the next few years as acceptance for cryptocurrency increases. Our market forecast indicates that by 2030, XRP could reach a new all-time high of $4.81.
Further, according to our analysis in the long term, XRP price prediction for December 2023 shows the average price of XRP at $0.56 and the highest possible price for December 2023 would be $0.6.
Continuing its long-term bullish trend, XRP forecasts that the token will exceed $25 per currency in 2029. The expected high in 2029 is $26.32 and the low will be $18.76.
XRP is a good coin for long-term investment.
According to our analysis, around the year 2050, the price of XRP Coin can reach up to $100.
XRP price could reach $30 if Ripple wins SEC lawsuit, hedge fund manager says. Crypto fund manager Thomas Kralow set a bullish target of $30 for XRP, citing the altcoin's potential for significant market activity.
XRP rocketed upward at the end of 2017 during the crypto boom. On Jan. 4, 2018, it hit $3.84, which is still its all-time high.
The XRP Ledger is decentralized, and its operations would not be affected even if Ripple lost the ongoing legal case against the SEC.
Anyway, data supplied by the CoinCarp website said that, as of 12 April 2023, there were 4,559,305 wallets which held XRP.
So, as one community member pointed out, it would only take 77.9 XRP to become a millionaire at the median price of $12,822. Even at the most conservative projection of $3,500, 285.8 XRP would be enough to become a dollar millionaire.
It is impossible for XRP to ever overtake Bitcoin's rate. XRP would then have to increase 50,000 times while Bitcoin would stand still. The more coins available, the lower the value of one coin will be. Bitcoin has a limited supply – 21 million coins.
Despite many challenges posed by adopting blockchain technology for international banking, XRP holds a strong position in this industry. There are many use cases for the blockchain, and it is used by many banks due to its operational benefits.
Cardano has a maximum supply of $45 Billion ADA altcoins for each to reach $1000, the Cardano network would have an accumulated market capitalization of $34 Trillion. Most experts haven't contemplated Cardano's valuation growing to $1,000 as most consider it highly improbable – at least in the foreseeable future.