Experts believe that Ripple will likely not reach $1,000 in the near future. For XRP to reach this price per coin, its market cap would have to reach at least $100 trillion, which is not something we will see any time soon. The short answer is YES, XRP can reach $100. And it can go as high as $870.
Will XRP Reach $1,000? No, it is extremely unlikely Ripple XRP will reach $1,000. 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.
To reach $500, XRP's market cap will be worth $25.9 trillion, which would be higher than the GDP of America today. It would be incredibly impractical for XRP to reach this level.
Most experts agree that Ripple's price can rise to the $250 range–$3 in ten years based on current predictions.
To reach $100, XRP must climb 270 times. At $100, the market capitalization of XRP would be $5.1 trillion. If XRP rose at a 25% annual pace, it would take at least 26 years to hit $100.
Is XRP the Next Bitcoin or Ethereum? Some experts believe XRP's capabilities could put it at the same level of adoption and industry respect as the gold standard of crypto, bitcoin, and the number one alt-coin, ethereum.
XRP will be valued $17 to $20 at the minimum and may surge up to $100 in 2030, the crypto news website added. Ripple Coin News predicts that Ripple could hit $30 in the next 10 years.
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.
XRP has been around for almost a decade now, and it's seen as a strong long-term investment by many experts in the industry.
By the end of 2050, XRP might be worth anywhere from $218.45 to $235.13 on average. Many other cryptocurrencies can potentially surpass XRP's record high this year. Our price forecast for XRP could significantly increase if there is a bull movement in 2050. Around $251.75 is where the highest price is likely to settle.
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.
Will XRP reach $10,000? In theory, it could reach a value of $10,000 in 216 years (keeping in mind the past track record of 10.13x growth in one month).
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Plus, the current price is a low barrier of entry for crypto newcomers, as well as a good opportunity for established investors to diversify their portfolio without taking a large amount of value out of other assets. Put simply, Ripple (XRP) is a low-risk investment with lots of potential rewards.
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.
How many XRP are there in the world? As of 12 April 2023, there were 51,688,470,797 XRP in circulation out of a total supply of 99,989,014,677.
XRP Price Prediction by Wallet Investor
Wallet Investor is bullish on Ripple price in the short-term forecast, stating that XRP can reach $0.414 by the end of May 2023. This is quite close to the current value of $0.428.
Why would XRP be a better investment right now? The primary advantage XRP has over Bitcoin is its high-speed blockchain network that can facilitate 1,500 transactions per second — a massive improvement compared to 4.6 transactions per second for Bitcoin.