Jake Gaggin, a prominent social media figure, highlights the value of the currency $XRP

If its value increases 50 times or 5000% from its current price.

This estimate was made in response to a bold claim from Carl Moon, host of the Mo, on Sh, ow program. In a post on X yesterday, Carl made a direct appeal to his 1.5 million followers, urging them to buy altcoins immediately.

The message indicates that altcoin prices are likely to rise soon. It is expected that their prices will increase by an average of 50 times from their current levels.

Carl's bold predictions have elicited mixed reactions from market participants. While some users expressed excitement about the bold forecast, others appeared skeptical about these predictions.

Price $XRP if it rises 50 times

As the discussion continued, Gaggin provided insights into the potential value of major altcoins, including #XRP , if it recorded a growth of 50 times from its current prices. According to Gaggin, the price of XRP will reach $106.5 with a 50-fold increase. This indicates that XRP was trading at $2.13 when Gaggin made these calculations. The estimated target price of $106.5 would represent an all-time high for $XRP , significantly surpassing the previous record of $3.84.

It is worth noting that if XRP achieves a price target of $106.5 and its circulating supply remains at 59 billion tokens, its market value will rise to $6.28 trillion.

At the same time, Gaggin also provided estimates for other major altcoins, including Ethereum, BNB, Solana, and Cardano. He noted that a 50-fold increase would push BNB to $32,266, Ethereum to $122,350, Cardano to $27.50, and Solana to $7,100.

Given the potential rise in prices of leading altcoins, Gaggin wondered: "What is Carl talking about?"

Gaggin believes that the predictions of altcoins increasing 50 times are overly optimistic.

Predictions of XRP reaching $100

However, many members of the XRP community believe that XRP is capable of reaching the $100 target. Eduardo Farina, founder of Alpha Lions Academy, expects XRP to reach $100 in the future, emphasizing that World War III will not force him to sell below this level.

The cryptocurrency star on YouTube, "Modern Investor," also stated that an XRP price below $100 indicates that the market is still in its early stages. He pointed out that there is still time for new investors to buy the token before its price rises significantly above $100.

Last year, Munchila, a market commentator under a pseudonym, indicated that XRP could reach $100 if the price of Bitcoin rises to around $350,000. In this way, Munchila believes that XRP will remain behind Bitcoin in the global cryptocurrency rankings.

In the meantime, Changelly has set a timeframe between 2035 and 2039 to reach a price of $100. However, Tele,gaon believes that the price of XRP will reach a three-digit figure, at least $100 between 2036 and 2039.

The main factors behind the $100 target include XRP's utility in cross-border settlements, the potential launch of XRP spot ETFs in the United States, and the possibility of integrating the token into global financial systems.

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