While Steff suggested that these factors are capable of pushing XRP to hundreds of dollars, he specifically presented an estimate of what a rise to at least $100 would mean for the market.
According to his estimates, ifĀ XRPĀ captured just 10% of the global remittance market, it could see a 3-5x increase in valuation. However, if it replaces SWIFT, which moves trillions of dollars daily, Steff believes $100 is a realistic outcome based on market demand and adoption.Ā Ā
Nonetheless, not everyone holds this opinion. A critic known as Mr. RandomĀ arguedĀ that XRP reaching $100 would require a market capitalization exceeding $5 trillion, supposing 45 billion tokens are in circulation. Notably, a $100 price would lead to a fully diluted valuation of around $10 trillion for XRP.Ā
The critic pointed out that this valuation would surpass the economies of many major nations. Notably, several individuals who have opposed this $100 price goal have also identified XRPās supply as the major constraint. Currently, XRP has a market cap of $144 billion.
šØ Less than 20 hours left until the SEC files its appeal brief in the Ripple case, the appeal could be dismissed if they don't file the#XRPform by tomorrow. If that happens, this currency will shoot to the moon š tomorrow
š„XRP is preparing for explosive growth š„
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Why XRP Could Change Your Financial Future: Experts Predict a Big Boom Experts warn of the huge opportunity XRP presents, with predictions that it could revolutionize the global financial system. Hereās why owning 1,000 XRP could be one of the smartest investment decisions you can make. Why 1,000 XRP?
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š 4 Cryptocurrencies Under $0.10 That Could Rise 5000% by 2025! š Are you ready to turn small amounts into huge profits? These four low-priced cryptocurrencies have huge potential for growth. A golden opportunity for ambitious investors to get in early and make huge gains by 2025! 1ļøā£ VeChain (VET): Supply Chain Revolution
š” **XRP/USDT Analysis on 4-hour time frame**: š¹ **Indicators**:
- **EMA**: The price is above EMA(7), EMA(25), and EMA(99), indicating a strong uptrend. - **RSI**: At 86.94, which means the asset is in overbought territory. - **MACD**: In positive zone with bullish crossover. š¹ **Support**: