The past six months have seen a lot of speculation surrounding XRP due to the winning case with the SEC and XRP’s expected ETF approval. Many opinion leaders and crypto industry figures began posting predictions that XRP would reach $100 to $2,000.
I don’t know what kind of thinking they have, but 100 billion supply coins are worth 100 US dollars or 500 US dollars.
This is purely a pipe dream. This gives false hope to people with limited knowledge of the space, who start to think the space is a scam when they buy and hold for a year with no returns.
In order to get some attention and something interesting, they ruined the image of the industry.
It would make sense to say that #ICP） could go to $1,000 or that #INJ/USDT📈 could reach $500, because of what they do and their total supply, there is at least a logical possibility that these coins can reach that valuation.
The same thing applies to memecoins, their supply is in the trillions and people expect them to go up to $1.
