Is it possible for $XRP to reach $5? Of course yes
Current price: $2.11
Market Cap: $123.56 billion
Daily trading volume: $2.17 billion
Circulating supply: 58.39 billion XRP
Total supply (max): 100 billion XRP
All-time high: $3.84
All-time low: $0.0028
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Is it possible for XRP to reach $5?
Answer: Yes, but there are two main ways to reach our goal, and each has a different impact:
1. Pumping investments in dollars
If a massive influx of liquidity (around $170 billion increase) comes in, the price could reach $5.
This requires trust from large institutions, like banks or global payment companies, and may take time, but it's a safe and sustainable path.
2. Burning part of the currency
If half of the current supply is burned, the price can easily jump above $4.2 – and a little demand could push it to $5!
This is a quick and direct solution, but it requires a decision from Ripple or the community.
What's better?
Burning = Speed
Investment = Strength and Stability
And the real magic?
Combine the two... and watch XRP soar!
But it's hard to burn any part of the currency, and the idea of bringing in large investments is the available option