Pundit Says People Will Happily Pay $100 per XRP, as $100 Could Become a Cheap Entry Point
Although XRP is trading at around $2, prominent commentators in the XRP community continue to envision a future where the token is worth three to four digits.
The crypto market is in recovery mode after weeks of a harrowing price crash. XRP experienced its share of the downturn, dipping to $1.60, but has since rebounded to $2.25 today.
Meanwhile, XRP market commentators like BarriC see prices at these levels as an opportunity window for “cheap” accumulation before the asset becomes out of reach.
People Will Happily Pay $100 for XRP”
In a bold statement, BarriC shared that XRP could eventually skyrocket to $1,000 per token. Notably, this price level represents a 44,344% increase from today’s value.
BarriC claimed that today’s price represents a bargain. He suggested that someday, investors will gladly pay $100 for a single XRP token, viewing the triple-digit price as the potential new “cheap” entry point for the asset when this occurs.
This implies that XRP’s price would have exceeded $100 at some point, but due to typical market retracements, it would dip back to that level, at which point market participants would see it as a new buying opportunity.