Reddit user offers bold claims

3 hours ago

0 10 2 minutes read

XRP has become talking about the city since the regulatory challenges of Ripple with SEC have signs of decision. While all Crypto Pundit is now waking up with the forecast for the new prices for XRP, Redditor has introduced a degree.

In a bold claim of Reddit user, Privacelmao It confirms that the price of XRP can reach $ 100. The user argues that if the XRPL (XRPL) is facilitating $ 5 trillion in daily transactions with a circulating supply of 50 billion icons, the value of each XRP can be estimated at $ 100.

In a convincing case, PrivacyLmao places that the essential value of XRP stems from the real world applications and not from the restrictions of demand and supply. It comes from its ability to facilitate rapid payments across the low -cost border and simplify the settlements of financial institutions.

One of the main factors in the value of XRP is the demand created by its functional capabilities. If XRP proves to be an essential tool for effective and cheap international funds, then its value may rise, and the market value will not be a specific factor but rather as a result of this demand driven.

The essence of this perspective lies in the XRP classification as a “interest symbol”. By looking at this as a origin, its value is based on its practical use. If XRP institutions embrace the conversion of daily dollars trillion, it will include that the demand naturally leads to an increase in prices.

However, almost all analysts will look at this projection as excessively optimistic. Access to a $ 100 price point would require the maximum market for $ 5 trillion, which is an unlikely achievement in the short term. As of now, XRP is trading at $ 2.2 with a maximum market of $ 124 billion. Looking at this to reach the value claimed by the Reddit user, he must do a 50x footnote.

The current expectations of the XRP price are more conservative. One of the most optimistic is an early bitcoin lawyer Da Vinci Jeremy Who targets the price of XRP to 20 dollars. To reach a more realistic approach 3 dollars is the closest that has the greatest chances of hitting.

Do not forget that the market does not move where you want it and even with this positive feeling a lot a Noseedive about $ 2 It is also a possibility at any stage as whales are already transmitting to exchanges.

In summer, while the idea of reaching XRP $ 100, current market conditions and expert analysis indicate that such a landmark is unlikely in the near future.