Can Holders Become Rich With The Altcoin?
With favorable market conditions, Doyle says that the coin is set for a massive rally. Holders of the crypto will soon reap the potential rewards. The crypto commentator believes the crypto sector will benefit from increasing institutional adoption and use cases.
Doyle further predicted that if Ripple’s governance coin can control 4 to 5% of the global financial market, the coin’s price can hit $30 or up to $50.
Currently, XRP is trading above $1.60 after a few days in the red. Other crypto commentators also shared Doyle’s predictions and insights. For example, a Wall Street analyst, Linda Jones, targets $50 as XRP’s price. She mentioned that it follows a four-year cycle and is due for a price run.
Other analysts hold a contrarian view, and some offer a conservative price estimate at less than $10.