$XRP XRP to Hit $100 – $1,000 in 10 Years
Given his convictions about XRP, Matthew predicted that the asset’s price would hit audacious targets of $100 – $1,000 over the next 10 years.
With XRP currently trading at $2.05 per coin, it must soar 4,778% from the current price to clinch the $100 target or 48,680% to achieve the $1,000 milestone.
To demonstrate the significance of these predictions, a portfolio of 5,000 XRP, currently worth $10,250, would be valued at $500,000 if the price rises to $100. At a target price of $1,000, this portfolio containing 5,000 XRP will be valued at $5 million.
Despite the hefty growth required for these predictions to play out, the CryptoGuard COO emphasized that reaching the $1,000 target for XRP is within the realm of possibility.
At a target price of $100, XRP’s market cap would stand at $5.84 trillion, assuming its circulating supply remains stable. On the other hand, XRP’s market cap would skyrocket to $58.39 trillion.
XRP to $100 – $1,000 Predictions
Meanwhile, Matthew is not the only expert who believes XRP could reach three to four figures in the near future. As previously reported, top crypto pundit Javon Marks predicted that XRP would soar to around $100 this year.
Last year, market analyst Moonshilla speculated that XRP would surpass the $100 mark if Bitcoin clinches the ambitious target of $350,000.
Further, experts at Changelly predicted that XRP would trade around the $1,000 target by July 2040, over 15 years from now. According to their forecast, XRP would reach a maximum target of $1,078.
Even though these experts seemed confident in their forecasts, it is imperative not to rely on these predictions as financial advice.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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