Outrageous XRP Price Prediction: Could Ripple's Token Reach $500? (2024)

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Outrageous XRP Price Prediction: Could Ripple's Token Reach $500? ›

Cryptocurrency analyst Shannon Thorp has made an audacious prediction, suggesting that Ripple's native token, XRP, could soar to over $500 in the future. Her reasoning is based on a recent report estimating that the total value of cross-border payments may reach an astounding $250 trillion by 2027.

The $500 mark for XRP remains almost unattainable, given the astronomical market cap it necessitates. However, factors like Ripple's IPO success and a decisive legal victory against the SEC could significantly impact its trajectory in the long term.

Therefore, our XRP price prediction forecasts a price of $1.80 by the end of 2024. Depending on the lawsuit's outcome and crypto market conditions, it could go much higher, potentially reaching $3.10.

Cryptonewsz.com has a XRP forecast that says the price of Ripple will continue to climb as well, but is much more bullish than Digital Coin Price, as by 2030 they expect that the average price of of Ripple could climb to as high as $9.81.

Can XRP reach $100? Reaching a $100 price point would mean a market capitalisation of roughly $5.2 trillion for XRP, considering the current circulating supply of about 52 billion. This would be more than four times larger than the current value of all cryptocurrencies combined.

It is possible for XRP to reach $1,000 USD, but it is highly unlikely in the near future.

XRP could reach $14.21 by 2040 and $106.14 by 2050 if it follows Bitcoin's growth trajectory over the past 5 years. The accuracy of long-term XRP price predictions hinges on the future growth of Ripple protocol users, the resolution of the SEC lawsuit, and Ripple's partnerships in the payments space.

Based on our long-term XRP Coin price forecast, we anticipated that prices could reach a new all-time high this year. By 2040, the maximum price of the XRP Coin is projected to be around $22.199. Our average price forecast for XRP is $21.746 in 2040.

Ripple's rocket ride may be risky

Long story short: I see a strong future for Ripple and its token holders. But it would be a mistake to expect skyrocketing prices in 2024, and $5 is an unrealistic target for the next few years.

global stock market cap is 70T and growing rapidly could be 100T next 5–10years. Crypto is expected by some “experts” to reach a 40T market cap. If xrp was the number one asset in that market(market dominance), it could be over 300$.

Could Ripple reach $10,000? ›

In a recent proposal by Edward Farina, the Head of Social Adoption at #XRPUpdate Healthcare, a hypothetical scenario was presented whereby the price of XRP has the potential to see a significant increase, reaching a value of $10,000.

In the decade from 2030 to 2040, Changelly has predicted that XRP would trade at an average price of $7.39 in 2030, rapidly gaining more momentum over the years to reach a maximum level of $480.23 and a minimum of $413.15 in 2040.

action in 2016. Interestingly, the crypto went on a consolidation for 12 months after the formation of three bullish candles before going on an 8000% to $0.40562. If this repeats itself, we could see XRP go through a similar consolidation period before skyrocketing to $50 starting on November 1st, 2024.

According to bitinfocharts.com, Ripple handled nearly 700,000 transactions in the last 24 hours. It's obvious to me that in order for Ripple to make millionaires out of its investors, adoption would need to rise substantially over the long term. As demand increases for the digital coin, its price should as well.

The outcome of the U.S. regulator's court case against Ripple might still have far-reaching consequences for the cryptocurrency industry. Ripple emerged somewhat victorious in this court case, and two defendants await trial and final judgments on aiding and abetting the offerings.

Crypto hedge fund manager Thomas Kralow has a bullish price prediction of $30 per token for XRP. CryptoPotato argues that XPR could be heading for $1 per token next following its latest rally.