#SECvsRipple $XRP $BTC
THE END OF THE SEC LAWSUIT IS NEAR!!! WHERE WILL XRP GO?
The crypto world is buzzing with rumors about the conclusion of the SEC lawsuit against Ripple regarding its token XRP, which has taken longer because there has already been a ruling and the case entered an appeal process, in addition to the possible political tint it may have since Ripple supported Trump in the elections!!!
However, do not harbor false expectations!!! Many YouTubers and influencers (some of them paid) say that with the end of the lawsuit, XRP will go to the moon!!!! And they set unrealistic targets like 30, 50, 100, and as crazy as it sounds, 1,000 or 10,000 dollars!!!
Yes, the lawsuit could end this very month, but don’t expect to see those absurd figures; what is a realistic goal? 4 dollars!!! Don’t expect more than that!!!! But many will ask why? Well, let's do the math: currently, there are over 58 trillion tokens in circulation at a price of 2.21. We must consider that for there to be a supply vs. demand shock, it must be established that there will at least be a massive buying intention of 70% on the circulating tokens, which amounts to 88 trillion dollars!!! And all for it to rise to 4 dollars!!!
Now, is there currently this liquidity from institutions willing to enter the market and exclusively to XRP? No!!!!!
But what about the utility? No, everything is governed by the law of supply and demand!!! When a good or raw material is scarce or finite, it will be valued like Gold or Bitcoin!!! But XRP has a limited supply, yes!!! But 100 billion vs 21 million, which is why it is so easy for Bitcoin to rise to high figures!!!
What is my prediction??? XRP will reach a maximum of 5 dollars when the demand ends, then fall to the 2.70-3.00 dollar range!!
Remember, you heard it first from Charlie!!!