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Can XRP Really Hit $100, $1,000, or Even $10,000? Let’s Break It Down | by Jeremy M Williams | The Capital | Dec, 2024

11 months ago
in Altcoin
Reading Time: 2 mins read
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The Capital

In the event you’ve been across the XRP neighborhood, you’ve in all probability heard wild worth predictions like $100, $1,000, and even an insane $10,000 per XRP. Sounds loopy, proper? However what if we took a step again, ignored the hype, and really dug into the technicals and fundamentals to see how XRP might hit these numbers?

Right here’s the deal — XRP’s utility isn’t simply discuss. It’s one of many few cryptos on the market that solves real-world issues within the monetary system. Let’s break it down degree by degree: $100, $1,000, and $10,000 — and see what must occur for every state of affairs to come back true.

First cease — $100 per XRP. That is the life like moonshot many locally are gunning for. So, what’s the deal?

Cross-Border Funds Are Large: Proper now, SWIFT handles $5 trillion each day. However SWIFT is sluggish, clunky, and costly. XRP and RippleNet repair all that with near-instant funds at fractions of a penny. If XRP captures even a tiny slice of SWIFT’s enterprise — say 2%-5% — you’re taking a look at trillions flowing via the XRP ecosystem.On-Demand Liquidity (ODL): Ripple’s ODL makes use of XRP to settle worldwide funds…



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