Why XRP Could Reach $10,000

Vincent said in an X post that ChatGPT, an AI chatbot, warned him XRP might reach $10,000 per currency. Some argue that XRP can't reach such a price due to its market cap. Analyst: ChatGPT also disproved the market cap argument by saying monetary market cap is invalid.

Vincent did not specify when ChatGPT predicted the XRP price would achieve its lofty aim. He said he discussed Ripple with the AI chatbot. ChatGPT may have analyzed Ripple's effect before predicting $10,000.

Ripple might be crucial if XRP hits $10,000. CryptoTank predicted that XRP may hit $1,000, citing Ripple's payment rails for most cross-border transactions.

XRP's use case will grow as Ripple's payment service is widely used, boosting its price. Bullish XRP ETFs are also worth noting. With predictions that pro-crypto Paul Atkins might replace Gary Gensler, the SEC may approve these funds next year.

These funds would boost XRP prices by attracting institutional investors. It remains to be seen whether they can push crypto to five digits.

Rally to Double Digits This Cycle

Crypto researcher Mikybull Crypto predicts XRP might rise to double digits in this market cycle despite this $10,000 projection. The expert said that XRP was providing 2017 rally vibes, suggesting that the currency might recreate its 61,000% rise from 2017.

Accordingly, the crypto researcher anticipated that XRP will reach $2, retreat, and then resume its vertical upward climbs to a new cycle high of $10. Using Elliott Wave theory, crypto expert Dark Defender projected XRP might reach $18 in current bull run.

CoinMarketCap reports that XRP is selling at $1.90, up 18% in 24 hours.