How much would XRP cost at $1 trillion market cap?
Even if XRP had the same market cap as Bitcoin today ($1 trillion), then 1 XRP would be worth about $18. To illustrate, if the XRP price was $1,000, it would skyrocket to a phenomenal 54.5 trillion dollars, more than 308 times the current market cap for all cryptocurrencies combined, which is below $2 trillion.
However, Chase introduces a hypothetical scenario where XRP attains Bitcoin's $1 trillion market cap, suggesting a price of $18.
Projected XRP Prices
Dreaming big, if XRP reached a $1 trillion market cap like Bitcoin, its potential price could be around $18 per coin. A bold move, this scenario hints at substantial growth for the resilient token.
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.
Crypto hedge fund manager, Thomas Kralow, previously predicted that XRP would hit $US30 a coin in 2023. This prediction fails to consider the mathematical improbability of XRP reaching this price, as the total supply of 100 billion coins means the project's market cap would be $US3 trillion dollars.
These conditions include maintaining the current high inflation rates, establishing XRP as the preferred global cross-border payment currency with minimal competition, and significant tokenization in top global markets. However, this view assigns only a 5% likelihood to XRP actually reaching the $10,000 mark.
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.
Dark Defender predicts XRP will rise to $5.85, a significant increase from earlier projections. Recent price action for XRP is encouraging, and they expect a short-term retest at $0.66. Breaking $0.55 is a critical milestone that might start a bullish trend. This projection covers 2026, demonstrating a lengthy view.
Coin Price Forecast
Ripple's target price for the end of 2024 is expected to be around USD 0.67. According to the experts, XRP will increase above 1 USD.
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.
What's the highest Ripple can go?
With most XRP future Ripple price predictions however, It's generally expected that Ripple should be worth more in 2024 than it is now, with some pundits suggesting that it could be worth as high as a maximum price of $4.
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.
XRP is not going to $1,000. It's not going to $589. It's not even going to $100. Even if XRP had the same market cap as Bitcoin today ($1 trillion), then 1 XRP would be worth about $18.
A positive outcome for Ripple in its case against the SEC would benefit XRP's price, while a SEC win is likely to weigh further on the asset, experts say.
July 13 (Reuters) - Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that sent the value of XRP soaring.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2030 | $7.40 | $8.50 |
| 2031 | $11.47 | $12.90 |
| 2032 | $15.99 | $19.69 |
| 2033 | $22.86 | $26.97 |
Yes. It can. People will often mention the market cap being too high for this to happen. There are 100 billion XRP not all are in Circulation and at any one time a fraction of that will be available.
The current circulating supply of XRP is 100 billion tokens. For XRP to reach $1,000, the market capitalization would need to be $100 trillion. This is a much larger market capitalization than any cryptocurrency has ever achieved.
According to our Binance Coin prediction algorithm, Binance Coin will hit $1,000 in May 2024. Will Binance Coin reach $10,000? Binance Coin would need to gain 3,111.27% to reach $10,000.
Yes, the XRP Ledger can confirm a transaction much faster than Ethereum can and it can perform a much higher number of transactions per second than Ethereum can. By those measures, it's superior.
Will XRP reach $500 dollars?
That would mean XRP's market capitalisation needs to exceed the GDP of China. So, in short, it's impossible that we will see a $500 XRP anytime soon. But that doesn't mean XRP can't post impressive gains in the coming years.
Ripple's rocket ride may be risky
But it would be a mistake to expect skyrocketing prices in 2024, and $5 is an unrealistic target for the next few years. The true wealth-building gains will come in the long haul, as RippleNet expands to more countries and becomes more widely used.
Five DeFi platforms primed to explode in 2024
Scotty the AI ($SCOTTY): A newly emerging AI-based platform with a seamless DEX. Jupiter Perpetuals Liquidity Token ($JLP) : The LP token for the Jupiter DEX. Uniswap ($UNI): The king of DEXs on Ethereum. Aave ($AAVE): A DeFi borrowing and lending platform.
Dogecoin (DOGE) is known for its strong community backing in the meme coin market, placing it among one of the top cryptos to buy in 2024. It gained attention during the 2021 bull market, especially after Elon Musk's famous tweets, reaching a high of $0.58, a massive increase of over 35,641.75%.
Crypto analysts remain optimistic about XRP's future despite its recent lackluster performance. Some experts predict the cryptocurrency could reach $20 in the next bull market.
