Remember that it was at 0.50 for years! This latest rise is already significant. The forecasts are long-term. For now, reaching 3.50 to 5.00 to 10 usdt is no small feat.

There have been a lot of videos today talking about how XRP was designed to be worth $10,000 per token, I asked Grok and this is what he told me about it:

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1. Disproportionate Market Cap: XRP would need a market cap of $570 trillion to reach $10,000 per token, surpassing global GDP.

2. Scarcity vs. Abundance: With a supply of 100 billion tokens, XRP lacks the scarcity that drives Bitcoin's value.

3. Utility and Adoption: To justify $10,000, XRP would need unprecedented global adoption, surpassing even fiat currencies.

4. Market Dynamics: Such a high price would be seen as a bubble, not sustainable by current economic fundamentals.

5. Regulation and Stability: XRP's future depends on legal and regulatory decisions, adding uncertainty to its value.

6. Competition: XRP faces increasing competition in the cryptocurrency and payments space.

7. Token Burning: Reducing supply through token burning would not be enough to justify such a price increase.

8. Market Expectations: Optimistic predictions are not always based on solid fundamental analysis.