#AIAndGameFiBoom
The possibility of XRP rising to $2.5-3 when Ripple launches RLUSD on December 4, 2024, remains a topic of debate within the community and among experts. Key factors to consider include the impact of RLUSD on the Ripple ecosystem, the state of the cryptocurrency market, and macroeconomic factors.
1. Impact of RLUSD: RLUSD, a stablecoin backed by USD, is expected to enhance the Ripple ecosystem. However, since RLUSD does not directly utilize XRP, the influence on XRP's price may only be pronounced in the long term with an overall increase in users and transactions on the Ripple network【7】【8】.
2. XRP Price Predictions:
• In the short term, experts forecast a price range from $0.7 to $1.5 by the end of 2024, with some more optimistic predictions suggesting that the price could reach $2.5 if strong driving factors such as positive market sentiment or technical breakthroughs occur【8】【9】.
• Some more optimistic long-term forecasts, especially if Ripple continues to expand partnerships with banks or makes significant improvements in payment technology【8】.
3. Market Situation: The current cryptocurrency market is in an unstable phase, and XRP's price is often significantly influenced by Bitcoin's volatility as well as the overall industry trends. A substantial price increase requires extremely favorable market conditions【9】.
In summary, the likelihood of XRP reaching $2.5-3 at the time of RLUSD's launch remains uncertain and depends on many factors. You should closely monitor market developments and macroeconomic factors before making investment decisions.