Ripple (XRP) could reach $100: Surprising prediction from a crypto expert!
Crypto analyst Levi Rietveld predicted that Ripple ($XRP ) could rise to $100, based on Michael Saylor's recent statements.
MicroStrategy founder Michael Saylor's positive views on Bitcoin came to the fore with Rietveld's XRP prediction. Saylor shocked the crypto world with his Bitcoin prediction in a CNBC interview. The Bitcoin maximalist argued that BTC would grow to account for 7 percent of the world's capital. He talked about its advantages as a global, non-sovereign asset, free from the risks associated with government currencies.
Based on this, Saylor believes that Bitcoin could reach $13 million in the next 21 years. Levi Rietveld also stated that Ripple (XRP) could rise to $100, based on Michael Saylor's statements.
At the time of writing, it is hovering around $$XRP 0,580. However, Rietveld believes that if Bitcoin reaches Saylor’s $13 million target, XRP could reach $100. Bitcoin is currently valued at around $63,500, meaning it would need to increase more than 200-fold to reach $13 million. At that level, Bitcoin’s market cap would reach $273 trillion.
Bitcoin commands more than half of the global crypto market cap. If the crypto leader reaches $13 million, the entire crypto market would be worth over $546 trillion. Rietveld believes that XRP will benefit significantly from Bitcoin’s projected 20,300 percent growth. In total, factoring that percentage increase into XRP’s price would push the major coin’s value to $120.
