Yesterday I conducted a survey asking if you wanted to know my point of view on XRP, and most voted 'yes', so the community has spoken, and I am here to listen to you.
Before reading this post, I recommend that you set aside everything you have read about XRP for a few minutes. Read this calmly, and once you are done, make comparisons and thus draw your own conclusions.
If you want, I encourage you to share your opinion as soon as you finish reading, and even engage in a discussion on this topic.
That said, let's get started! 😁
1. FOMO Campaign: Reality or Exaggeration? 🤔
In recent months, content about XRP suddenly became mostly memes, but it generated a lot of enthusiasm in the crypto community, claiming that the value $XRP could reach $10,000 per token, becoming a new substitute for the dollar or a new global banking system.
But I haven't seen fully developed explanations showing why this could happen, or just because there were banks like Santander that collaborated with Ripple when launching One Pay FX (used for international payments), it is already considered that this will be a new banking system.
2. Can it really grow to $10,000? 🚀
Speculation about whether XRP can reach $5,000 or $10,000 has been notable, but let's be realistic: is it really possible? For this, market capitalization needs to be considered, and a very significant multiplication of capitalization would need to occur for this to happen.
3. Can XRP grow? 🔥
Caution, what I said does not mean that XRP has no potential, but it will depend on several factors such as: market sentiment, regulatory decisions, approval of its ETF...
Looking at the long term, in my opinion, it will depend on banking adaptation for interbank payments, and this may cause an increase in demand and lead to an increase in value.
4. Conclusions: 💻
In my opinion, XRP has a future, as well as a rise in value, but it will take many years, and it will all depend on one thing: dependence on adaptation in the banking system.
There is another point I would like to mention, it's its RippleNet technology; if they choose to use RippleNet, this could affect the adoption of XRP, as these are two completely different things.
I don't think they will reach $10,000, but I hope they achieve a value of $25 - $30 per token in the very long term.
5. Should I invest in XRP? 💵
In my opinion, yes, but I have seen many people focus solely on acquiring XRP and BTC; it's better to diversify your portfolio, and right now I am using XRP as a stable asset for the long term.
Thank you very much for reading this post, and I hope it gave you a different perspective; I would write much more since I have a lot to say, but it would end up like a bible or be longer than the bible itself.
I invite you to analyze everything now and draw your own conclusions and share your opinion.