In a recent statement, Shannon Thorpe, a financial management specialist at Wells Fargo, presented an extraordinary forecast for the price of XRP.
With a forward-looking perspective, Thorpe predicts a potential price surge for XRP in the short term, specifically within the next 4 to 7 months. According to her forecast, the price is expected to range from $100 to $500 USD. Such a significant increase could result in returns for investors ranging from 14,200% to 71,400% of the current value of Ripple's token.
Thorpe's prediction takes into account various factors, including the liquidity strength (LS) in the price range of $1 to $5 USD, assuming that one entity holds all 100 billion XRP tokens. However, it's important to note that these calculations do not consider the potential growth of the economy or the continuous benefits derived from using XRP.
In simpler terms, Shannon Thorpe, a financial expert at Wells Fargo, has forecasted an impressive price increase for XRP within the next 4 to 7 months, with the price ranging between $100 to $500 USD. This could result in significant returns for investors, but the forecast doesn't factor in potential economic growth or the ongoing advantages of using XRP.