Can XRP hit $100?

[JahriMeayer]

What? Its true that many impossible things were possible due to the power of crypto but i can't imagine the price of xrp could reach that high. circulating supply of XRP is 54B and Max 100B. If price it can cross 10$ then it would be 5.5B$ which is worth the 5 time higher than whole current crypto market. Lol. It could be cross 2/3$ max in next 2/3 years, in my opinion

[Paragon2]

Ripple Coin current position is very good because of massive investors are here. At present the price of Ripple coin is very low, while the price of all other coins is increasing, the price of Ripple coin remains limited in the market.

[shuvenker999]

Nobody can predict the future market prices, including the price of XRP. Cryptocurrency prices are influenced by a really wide range of factors, including market sentiment, adoption, regulatory developments, and overall market conditions. It's important to conduct a vigorous research and consider multiple perspectives before making any investment decisions. Always be cautious and stay aware of the inherent risks associated with investing in volatile assets like cryptocurrencies.

[anshor1]

Nobody can predict the future market prices, including the price of XRP.

Sorry, I don't agree with you.
I think we can predict crypto price, including XRP by their habits.
Today is the time before bitcoin halving, I think  bitcoin halving will happen at April 2024.
Of course, the XRP price is starting to grow do two this months and will continue until XRP touch ATH.
So,  I think crypto can be predicted.

[Freemind]

Sorry, I don't agree with you.
I think we can predict crypto price, including XRP by their habits.
Today is the time before bitcoin halving, I think  bitcoin halving will happen at April 2024.
Of course, the XRP price is starting to grow do two this months and will continue until XRP touch ATH.
So,  I think crypto can be predicted.

A market in which a single negative piece of news can cause its collapse could never be predictable. It is enough to go back a few years to see several examples such as the banning of China, the possible banning of Russia, the persecution of Mixers and exchanges in the United States...And there are many more examples, although some time later they have not materialized or have been legislated differently depending on the international panorama. A market like this cannot be predicted, even in the short term.

[densus88]

A market like this cannot be predicted, even in the short term.

Yeah...
 while negative issues against crypto we cannot predict the market. But as you said, it is just short term. The market will recover and  will go up again.
I think demand and supply are the basic factor of the market.

[de_prof]

Ripple Coin current position is very good because of massive investors are here. At present the price of Ripple coin is very low, while the price of all other coins is increasing, the price of Ripple coin remains limited in the market.

After legal problem has been solved by XRP team, I see many investors come back to ripple.
CRP price is going up again.
But I don't believe XRP will hit $ 100, seems impossible.

[hair]

But I don't believe XRP will hit $ 100, seems impossible.

I think so, it needs to long time to hit $100 because so many factors will make it happen such as the supply. if the supply decreases it will be possible, for me that XRP can hit $5 to $10

[jonathancool220]

Its Max supply is 100 Billion
And 100B *100$ is 10 trillion dollars

Very profitable calculation, right? lol
But unfortunately these calculations are very valuable and I am also amazed to see these numbers.
As many people have discussed in this thread, if Ripple reaches a price of 100 USD then there will definitely be lots of millionaires who get or buy Ripple coins below the price of 0.1 USD.

So it getting that value to me might not even happen in the next 20 Years.

This is only my guess, BURNING is only one way for increase of price Ripple coin.
It could only be in the next 5 years but with conditions, Ripple must be burned up to 90% of the existing supply and leaving only 10% of the supply of Ripple coins.
But the problem is that there is no burning of Ripple coins and this seems to be just a fantasy and at least there is hope for us to wait for the next 20 years to wait for Ripple coins to reach 100 USD.

[Freemind]

Yeah...
 while negative issues against crypto we cannot predict the market. But as you said, it is just short term. The market will recover and  will go up again.
I think demand and supply are the basic factor of the market.

Of course, the market will recover and grow again after a crisis, but it may take years. Sometimes I feel like people are not able to understand what industry we are in and how to do simple multiplications to realize that for XRP to reach $100, the amount of money that would be needed would be really huge. Politics and volatility are the worst enemies of cryptocurrencies, we must have our feet on the ground to think coldly, otherwise we could receive very hard blows.

[bitbit97]

Yeah...
 while negative issues against crypto we cannot predict the market. But as you said, it is just short term. The market will recover and  will go up again.
I think demand and supply are the basic factor of the market.

Of course, the market will recover and grow again after a crisis, but it may take years. Sometimes I feel like people are not able to understand what industry we are in and how to do simple multiplications to realize that for XRP to reach $100, the amount of money that would be needed would be really huge. Politics and volatility are the worst enemies of cryptocurrencies, we must have our feet on the ground to think coldly, otherwise we could receive very hard blows.

Sometimes people dont realize how economy work. They have forgotten the the word balance. For something to grow, something must get decreased. Money can not appear out of nothing, out of the air. Current price of XRP is around 60 cents, its market cap is around 35 billions. Lets make it more simple, if XRP prices grows up and would cost $100, its market cap would grow to 33.5 trillions. There cant be that only XRP market cap would be so huge, other cryptocurrency would be the similar huge either. People cant imagine that market can get such value out of nothing.

[dekafee79]

TBH, I personally don't believe XRP price will touch $ 100.
In my prediction and maybe same with other predictions, XRP will touch around 20-30 USD after bitcoin halving.
I think $ 100 is too high.
But anything can happen in crypto currency.

[Freemind]

Sometimes people dont realize how economy work. They have forgotten the the word balance. For something to grow, something must get decreased. Money can not appear out of nothing, out of the air. Current price of XRP is around 60 cents, its market cap is around 35 billions. Lets make it more simple, if XRP prices grows up and would cost $100, its market cap would grow to 33.5 trillions. There cant be that only XRP market cap would be so huge, other cryptocurrency would be the similar huge either. People cant imagine that market can get such value out of nothing.

That's what I said on several occasions, but it seems that some people don't want to do the math to understand it clearly. Could Bitcoin reach $100,000,000?. Maybe asking that question will make it easier to understand (I hope no one asks now if Bitcoin can reach that value ). As I have said in several of my posts, XRP can reach a much higher ATH than the previous one, but $100 is somewhat exorbitant. The ATH of XRP is $3.84, if the next ATH is $7 it would already seem high to me, but we'll see.

[hair]

how to do simple multiplications to realize that for XRP to reach $100, the amount of money that would be needed would be really huge. Politics and volatility are the worst enemies of cryptocurrencies, we must have our feet on the ground to think coldly, otherwise we could receive very hard blows.

That's right, there are only a few factors that can influence whether it can reach 100 $, such as the adoption of XRP by large companies or many who use XRP in their business, this can also increase the price of XRP in the future. Touching $100 does take time but it is not impossible to happen

[elbans89]

It seems impossible to happen, If there are many people said TRX will touch $ 100.
I don't believe it will be..
TRX is just another smart platform, Ethereum bad binance smart chain are still the favourite.