XRP
XRP
2.1808
-1.21%
🚨 XRP Price Prediction if XRPL Processes 30% of Hidden Road’s Volume 🚨
The chatbot considered an XRP circulating supply of about 54 billion tokens. With this, a 5% accumulation translates to 2.7 billion XRP being held or locked up, leading to a tightening supply, especially if the network also burns coins over time.
Notably, this scenario, where demand increases while supply tightens, would lead to what ChatGPT calls a “repricing cycle.” The chatbot presented XRP price predictions for the short term (6 to 12 months) and longer term (2 to 3 years).
In a conservative bullish setting for the short term, ChatGPT says XRP price could climb to a range between $5 and $7 due to increased institutional demand and speculation. However, within a more aggressive market environment, XRP could rise to $10 or even $15 within the short term.