XRP to $100?
Facts and Fiction:
Fact:
XRP Ripple is designed to revolutionize the global financial system by making transactions faster, cheaper, and more efficient. It holds a unique position in the cryptocurrency market due to its focus on institutional use cases rather than solely on individual users.
After the controversial lawsuits and fundamental framework questions, some responded and others subsided; XRP is challenging Ethereum for the second spot after Bitcoin. XRP is currently the third most valuable crypto asset with an amazing $148 billion market cap.
Fiction:
1. XRP is going to take over Ethereum soon:
That's not a fact! By far and large, Eithereum is a superior asset and the most dynamic an used platform by a number of projects currently falling into gems category in crypto markets. So, this is not going to happen any time soon!
2. XRP is going to hit $100 in 2025:
100 Billion XRP in Max Supply and 57.1B+ in circulation, you need to pour $5.5 trillion into XRP before it hits $100. So, this is impossible as at this price, XRP will be #1 crypto asset beating Bitcoin, the power store of value.
Fair projection for XRP in year 2025, at hyper bullish canvas is $6.36.
Stay informed and away from rumors!