Ripple’s XRP has been one of the most popular cryptocurrencies throughout the last few years, and not without a good reason.
The lawsuit between the United States Securities and Exchange Commission and Ripple has been going on for a few years now, and it seems to be entering its decisive stage. The impact it’s had on the price of XRP has been undeniable, as the cryptocurrency failed to produce new highs during what was arguably the biggest bull run so far – during 2021.
That said, the case has also made XRP incredibly popular if it wasn’t already, and many analysts have taken it upon themselves to predict its future price.
We’ve also taken the opportunity to ask ChatGPT, the world’s most popular AI-based chatbot, how high XRP can go during the next bull market, and its answer is quite interesting. You can find out more about it in our recent short video:
In the following lines, however, we will explore some of the most interesting XRP price predictions that were made during the month of September.
Some of them are quite shocking, others seem a bit too far-fetched, while the rest may as well be realistic.
Let’s dive in.
XRP Price to Reach $500 by 2027
It’s perhaps safe to say that this one falls within the shocking category. The prediction was made by a popular cryptocurrency analyst called Shannon Thorp.
Earlier in September, she pointed out that increased liquidity of XRP could turn the token into a form of digital currency to serve the purpose of seamless cross-border transactions.
Citing research on the matter, she indicated that this market could reach to a valuation of a whopping $250 trillion, tying this to a potential price per XRP of $500 by 2027.
Naturally, the prediction was met with a backlash as it assumes that XRP will be the sole solution for cross-border payments amid a bunch of ot
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Author: George Georgiev