💥💥💥 What $XRP Price Could Be if Bitcoin Expands to $52.3M

XRP Sheds Gains Post-Lawsuit Victory, Drops Over 6%

XRP has erased the gains it made following Ripple’s legal victory, now trading at $0.5756 after a 6% decline in the past 24 hours. Despite high hopes within the XRP community that the resolution of Ripple’s lawsuit would propel the token to new heights, the momentum has faded.

As XRP holders look for a new catalyst to drive the token’s value, a recent analysis considers XRP’s potential price if Bitcoin were to reach a staggering $52.3 million. Historically, Bitcoin’s performance has been a significant influence on the broader crypto market.

XRP’s Potential If Bitcoin Hits $52.3 Million

#VanEck , a billion-dollar asset manager, recently presented three bold price predictions for Bitcoin over the coming decades. Their base case projects Bitcoin could reach $2.91 million per $BTC by 2050, driven by massive demand, potentially covering 10% of global commerce settlements. In an even more optimistic scenario, VanEck predicts Bitcoin could surge to $52.38 million, with a market cap exceeding $1 quadrillion, fueled by declining confidence in major global currencies.

If #bitcoin☀️ were to reach this $52 million mark, it would represent an 88,840% increase from its current value of $58,900, delivering an 889-fold return on investment.

For XRP, currently trading at $0.5559, mirroring Bitcoin’s growth trajectory could see it rise by 88,840%, reaching a potential value of $494. This assumes XRP follows Bitcoin’s growth without outperforming it. If XRP were to exceed Bitcoin’s growth rate, the price could be even higher, aligning with some ambitious forecasts from XRP analysts who expect the token to repeat its explosive 2017 performance.

Source - thecryptobasic.com