XRP broke a long-term bearish trendline in August 2022 and now created a higher high. With no end in sight for the
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.
Given that the token has been resilient despite the market outlook, the price is poised to rise to $500. In any case, that is only one of all the possible predictions. Still, as a fundamental blockchain for payments, XRP is one crypto that could change the industry.
XRP Price Forecast for June 2023
Based on the price fluctuations of XRP at the beginning of 2023, crypto experts expect the average XRP rate of $$0.519 in June 2023. Its minimum and maximum prices can be expected at $$0.487 and at $$0.551, respectively.
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 Coin News, the price of Ripple might reach $30 in ten years.
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.
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.
Can Ripple (XRP) Hit $100 or $1000? It is unlikely for Ripple to hit $100, according to TU analysts. And it's even more unlikely for the token to reach $1,000. This is because for XRP to reach $1,000 per coin, its market cap would have to reach at least $100 trillion, which we're very unlikely to see any time soon.
Some XRP holders are even wondering if Ripple could reach $10,000. 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.
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.
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.
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.
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.
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.
However, as the markets recover, XRP tokens are on the rise once again. The coin experienced a massive price surge in April 2023, reaching around $0.50. The SEC charged the platform in 2020, and if the court rules in XRP's favor, the crypto will likely reach $1 once again.
Ripple Coin News predicts that Ripple could hit $30 in the next 10 years.
Because Ripple could potentially become the new standard across so many industries. Ripple has among the highest long-term price potential out of any crypto assets.
Anyway, data supplied by the CoinCarp website said that, as of 12 April 2023, there were 4,559,305 wallets which held XRP.
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 current price is $0.46 per XRP. XRP is 88.00% below the all time high of $3.84.
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.
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.
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.