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$XRP is unlikely to reach $100 due to a few key factors:
First, its market cap would be extremely high, reaching $10 trillion with 100 billion XRP in total, which is more than the market cap of all major tech companies, making this unlikely.
In addition, the supply of XRP is very high compared to Bitcoin, which has a cap of 21 million units. Even with appreciation, this supply makes it difficult to achieve significant growth.
XRP adoption in the banking sector is growing, but it still depends on much wider acceptance to justify its extreme valuation, and the cryptocurrency faces regulatory challenges such as the SEC lawsuit.
XRP was created to be a currency for fast and efficient transactions, not a store of value like Bitcoin, and its value is tied to adoption in the financial sector, limiting its speculative appreciation.
A more realistic forecast is $5 to $10
Disclaimer: Contains third party opinions. Not financial advice. $XRP #XRPETFIncoming? #XRPETFIncoming?
