Up to 28 dollars for XRP? Is that possible?? 🚨 $XRP
Is it just hype? Or a well-thought-out logic?
Let's understand the topic step by step.. without exaggeration and without complication.
The whole matter starts with Ripple's deal with Hidden Road, which moves around 3 trillion dollars annually.
And if XRP plays a role, even a small one, in this magnitude, then the current price could just be the beginning!
So how did they come up with the price of 28.55 dollars? Here’s the method simply:
Step 1:
Hidden Road deals annually with 3 trillion dollars.
Step 2:
The power of XRP? It's reusable!
This means the same currency can be used ten times a year (super digital liquidity).
So the equation becomes:
3 trillion ÷ 10 = 300 billion dollars that need to be covered with XRP liquidity.
Step 3:
The available supply of XRP currently is about 52.5 billion coins (after deducting reserved and frozen).
The basic calculation:
300 billion ÷ 52.5 billion = 5.71 dollars per unit of currency.
But if we add the effect of fear of missing out (FOMO), and market pressure:
5.71 × 5 = 28.55 dollars.
So can we reach this price?
If the conditions move in this direction, it’s not a fantasy… but it needs time, focus, and a real understanding of the market.