Xena the Bitcoin Investor Believes It's Not Too Late to Buy XRP, Predicts It Will Hit $100-$500

Xena, a widely followed Bitcoin investor, suggested that crypto market participants can amass XRP cheaply now in cents as it could reach an expensive price in the $100 to $500 range.

Bitcoin influencer Xena is suggesting that XRP could amass a value in the $100 to $500 range, countering arguments that XRP is incapable of reaching such highs.

However, it’s crucial to note that XRP’s circulating supply is notably higher than that of SOL, QNT, or ETH, which could impact the feasibility of XRP reaching a price of $500. Despite this, Xena believes XRP could become the next big opportunity for investors who missed out on earlier crypto runs.

Key Takeaways:

Bitcoin influencer suggests XRP could be acquired cheaply now for potential future highs.

Xena counters arguments that XRP is incapable of reaching highs like $100 or $500.

The influencer highlights that rival digital assets like SOL, QNT, and ETH have already reached such price points.

XRP’s higher circulating supply could affect the feasibility of reaching a price of $500.

Despite the polarizing nature of XRP, the asset could be set for substantial gains.

Bitcoin influencer Xena is widely followed by the crypto community for her market insights and commentary. Recently, she took to platform X to share her thoughts on XRP, suggesting that the cryptocurrency could be had for cheap now—in cents—highlighting its potential to reach an expensive price in the $100 to $500 range.

Xena’s suggestion is met with differing opinions, as some believe XRP is capable of reaching such highs while others deem it unlikely. However, it’s important to note that XRP’s circulating supply is significantly higher than that of Solana (SOL), Quant (QNT), or Ethereum (ETH).

For example, QNT has a maximum supply of 14.88 million tokens, Solana has 466 million SOL tokens circulating, and Ethereum has 120.27 million ETH. At a price of $500 per token, QNT’s market cap would be $7.44 billion, and Solana’s would be $233 billion.

However, XRP has a circulating supply of 99.98 billion tokens, half of which are in escrow. At the same price, it would command a market cap of over $49 trillion—a figure that critics often use to argue that a $500 target for XRP is unrealistic.

Bitcoin Influencer: XRP Could Be Next Big Opportunity After Investors Missed Out on BTC, ETH

In related news, the Bitcoin influencer highlighted that many investors missed the early runs of Bitcoin and Ethereum, which have since become dominant in the crypto space. She now suggests that XRP could be the next big opportunity, offering a chance at similar gains.

With its current price still in the cents, Xena believes that XRP presents a unique chance to accumulate a substantial amount before it takes off. She also adds that the XRP community is known for its strong support and enthusiasm for the asset.

The above is the detailed content of Xena the Bitcoin Investor Believes It's Not Too Late to Buy XRP, Predicts It Will Hit $100-$500. For more information, please follow other related articles on the PHP Chinese website!