The $589 XRP Dream: Experts Say This Idea Needs to be Even 'Wilder'
A market analyst believes that the experts predicting $6 per XRP cryptocurrency are simply too conservative.
Crypto Bitlord claims that the real target for XRP is $589 per coin, adding that those who think this target is impossible simply 'lack ambition'.
Three Questions About XRP Price
Looking at the data, XRP has been the hottest cryptocurrency in the digital asset bull market driven by Trump. Market experts are starting to ponder that the idea of $589 per coin is quite plausible.
Crypto Bitlord states that the true target price for XRP is not the $6 that commentators mention, but rather $589. He further asserts that those who think this target is too high are lacking in vision.
Your XRP price dream needs to be wilder! XRP589
Some crypto analysts believe that the predictions of market observers are indeed too conservative; $589 per coin is completely possible.
However, he has also been called 'unrealistic' by investors for having such grand ideas.
Currently, crypto assets are incredibly hot in this bull market, and Crypto Bitlord can counter them by saying they 'lack ambition'.
Overthinking?
In the XRP community, some traders disagree with Crypto Bitlord, believing that the target of $589 is impossible.
Earlier this month, crypto analyst Tony Edwards said that the $589 target is just 'daydreaming'.
Edwards thinks this price prediction is absurd; he stated, 'Those saying $589, $1,000, or $10,000 are overthinking it.'
My prediction for XRP during this cycle is between $5 and $8. It might go higher, but I will be realistic. Those saying $589, $1,000, or $10,000 are overthinking it.
Another analyst mentioned that for XRP to triple in price, its market cap would need to reach $33 trillion, which is more than the total market cap of the top 20 US companies combined.
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