Ripple’s XRP Maximum Attainable Price is $10?

5664
Crypto Enthusiast: XRP Will Overtake Bitcoin For #1 Crypto By Q3 Of 2021 And Hit $109 By 2022
Advertisement1xbit    

One very exciting part of the entire cryptocurrency market is all the speculation and forecasts that are made every day, about the future of assets either based on trends, algorithms or in some cases, a random guess. Bitcoin, Ethereum, XRP, and Litecoin are usually at the forefront of these predictions with most predictions hovering around them.

One interesting tweet has some information about the possible future of XRP. Whether or not these predictions should be completely swallowed is a totally different matter. The tweet came from an XRP enthusiast known as @AlbaniaRipple.

According to the user, speculation made XRP to almost hit $4 in early 2018, and that the Maximum achievable price for XRP could be $10. The tweet said:

Can XRP Surpass $10?

Ripple’s XRP is currently the third biggest cryptocurrency in the market. XRP’s market cap is almost $15 billion with a volume above $1.5 billion every day. However, selling at about $0.35 per coin, the possibility that it could hit $4 any time soon is a pretty remote one at best.

Cryptocurrencies are famous (or infamous) for their volatility. Trying to specifically predict a price surge or crash is usually a bit of a gamble at best. Some people have been able to successfully predict bull runs and bear markets in the past but this same people have also failed to predict quite a few events or even predicted wrongly.

Advertisement

However, based on the replies to the tweet, it would seem that many people have very strong faith in the coin with some proposing that XRP becomes a stablecoin soon at $500. One very enthusiastic user posted a reply to the above, basically expressing a view that XRP is limitless and can go above $10. The tweet said:

It’s undeniable that XRP is doing pretty well but will it still be somewhere atop the list in the coming years? We wait.


Get Daily Crypto News On Facebook | Twitter | Telegram | Instagram


DISCLAIMER Read More

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.