Ripple Price Prediction: XRP to Spike to $800 Per Coin as “Best of the Best Experts” Back Major Rally
- 王林Original
- 2024-08-09 09:21:111051browse
A video by Levi on YouTube discussed Ripple's XRP price prediction based on the thoughts of some experts in crypto.
A YouTube video by Levi featured Ripple’s XRP price prediction based on the opinions of some leading crypto experts. The analyst made his prediction considering the views of those he believes are the best experts in the field.
Analysis by Expert 1: XRP Price Prediction Based on Utility
The analyst’s bullish XRP price prediction is based on its utility in several markets. Ripple is used for cross-border payments, central bank digital currencies (CBDCs), and more.
These industries are worth trillions of dollars, and if XRP is widely adopted by major institutions, its price could reach hundreds of thousands of dollars. Global tokenization and digitalization of the XRP ledger will also need high liquidity and a high XRP price.
Expert Analysis 2: XRP as a Global Bridge Currency
This expert believes XRP will serve as a bridge for all fiat currencies. XRP enables transactions between different digital currencies. The coin could be like a universal standard, such as the golden kilogram or the atomic clock.
The analyst sees one XRP as one-hundred-billionth of the total value of money and believes it can become a new global standard. However, the expert thinks it’s better to have multiple cryptocurrencies for a diverse digital economy.
Analysis by Expert 3: Hypothetical Role of Central Banks
This expert views XRP as a neutral currency that can resolve geopolitical conflicts. The analyst is unsure how the International Monetary Fund (IMF) and the World Bank will operate in a decentralized world.
He sees Ripple’s XRP becoming a global reserve currency instead of the USD, reducing the need for multiple national currencies.
XRP Price Predictions
The presenter also made XRP price predictions and examined assets under management by major firms like BlackRock and Fidelity.
Given its potential use case, the analyst sees XRP reaching a market cap of $50 trillion if major firms like BlackRock and Fidelity tokenize their assets using XRP.
Based on this, the analyst predicts the XRP price will reach $800 per token and suggests holding at least 1,000 XRP tokens, as it could be highly profitable if even a fraction of the prediction comes true.
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