Below is the price of XRP if you buy nine global XRP banks with only 0.5 % of their assets

XRP can witness a huge increase in prices due to the shock of the supply if nine of the largest international banks invested only 0.5 % of their total assets.

It is worth noting that the discussions on the potential adoption of XRP by the banking system He has Gain momentum amid positive organizational changes. On the one hand, the recent change in the United States in leadership has sparked an imminent settlement in the Ripple VS. case. SEC.

This can In full Lift any organizational cloud on XRP, which leads to a greater institutional dependence. Amid these discussions, market analyst Steve recently Proposal If some of the largest banks in the world are adopted, the effect on its price may be huge.

In the accompanying scheme, he drew attention to this possible adoption by nine of these banks. However, detection lacks specific personalities. It is worth noting that a more simplified analysis provides a clearer picture of how this is evolved.

The huge institutional capital flows to XRP

Data From CompanistMarkcap.com displays the huge range of assets that these financial giants keep. In particular, the Chinese Building Bank controls $ 5.837 trillion, while the Bank of China carries $ 4.859 trillion.

During, Jp Morgan It is affiliated with $ 4.210 trillion, and Bank of America has $ 3.324 trillion. The total HSBC assets is $ 3.098 trillion, Wells Fargo to $ 1.922 trillion, Citigroup to $ 2.430 trillion, Banco Santander to $ 2.013 trillion, and Barclays to $ 2.049 trillion. Completely, these banks control amazing assets $ 29.74 trillion.

If all They are among them Only 0.5 % of their total assets are allocated to buy XRP, as capital injection exceeds 148.7 billion dollars. At the current price of XRP of $ 2.3, this will lead to major acquisitions.

Specifically, Chinese construction can alone buy 12.69 billion XRP, while China Bank You will get 10.56 billion XRP. JP Morgan customization will be translated into 9.15 billion XRP and Bank of America’s into 7.23 billion XRP.

Moreover, HSBC will secure 6.73 billion XRP, while Wells Fargo, Citigroup, Panco SantanderBarclays will receive 4.18 billion, 5.28 billion, 4.38 billion, and 4.45 billion XRP, respectively. In total, these banks accumulate 64.66 billion XRP, representing approximately 65 % of liquid supply.

The effect of ripples on the price of XRP

with Total offer XRP In the amount of 100 billion, the removal of 64.66 billion XRP from the market would create a strong supply shock. It is worth noting that buying this scale is likely to lead to high prices. However, this high price is still uncertain, so we sought to get visions from ChatgPT.

AI chatbot first used the market cover formula to estimate the effect of this potential capitalist flow. Given that the purchase will inject $ 148.7 billion in XRP, the market ceiling more than double.

If the price follows this increase in proportionally, ChatGPT estimates Xrp It can rise to at least $ 4.6. However, this estimate is assumed that the market interacts In a written way.

In fact, several factors can pay the price up. Note Chatbot that the width pressure, along with the high demand, can send the XRP value well It exceeds 10 dollars. XRP is also expected to rise to $ 20 or even $ 50, depending on the aggressive market response.