Will XRP win its lawsuit?
The end of the SEC case in April, especially if the penalties for the institutional sales of XRP are light, could boost XRP's price, but whether the price will stay high or fall afterwards is yet to be seen. Beyond the legal realm, the general state of the cryptocurrency market can significantly impact XRP.
Ripple is likely to win the case as the case crumbles or they come to an agreement. If so, the coin is expected to skyrocket. If Ripple were to win their court case against the SEC, it could potentially lead to a significant increase in the value of XRP (Ripple's cryptocurrency).
The partial win in the XRP lawsuit brings immense value to the crypto asset and projects a new uptrend in 2024. How much will XRP be worth by the end of 2025? XRP might reach a high of $3.38 or an average of $2.925.
Yesterday, the U.S. Securities and Exchange Commission (SEC) dismissed its own case against Ripple Labs CEO Brad Garlinghouse and Executive Chairman Christian Larsen. This is the third recent win for Ripple, the firm closely associated with XRP, in its multi-year legal battle with the securities watchdog.
Ripple price could hit a maximum price of $0.95. The Ripple price forecast for 2025 is for Ripple cryptocurrency to trade at a minimum price of $1.19 and an average price of $1.23. The maximum forecast price for 2026 is $1.41.
It can. People will often mention the market cap being too high for this to happen. There are 100 billion XRP not all are in Circulation and at any one time a fraction of that will be available. It is possible for XRP to reach $1,000 USD, but it is highly unlikely in the near future.
This is likely because investors are awaiting the conclusion of the Ripple lawsuit. Therefore, our XRP price prediction forecasts a price of $1.80 by the end of 2024. Depending on the lawsuit's outcome and crypto market conditions, it could go much higher, potentially reaching $3.10.
So, in short, it's impossible that we will see a $500 XRP anytime soon. But that doesn't mean XRP can't post impressive gains in the coming years. CoinCodex expects $XRP to double in 2024 as it moves above $1 and potentially moves above $2 the following year.
In a court filing dated November 13, 2023, Judge Torres nailed down the schedule for further pretrial filings. The process of discovery and rebuttals regarding the remedies the SEC will seek in the remaining legal action must be completed by April 29, 2024.
Can $100 XRP make you a millionaire?
At the time of writing, the value of one XRP token is approximately $0.50. Therefore, investors would need around two million tokens to hold XRP worth one million dollars. However, a study suggests that even having less than 100 XRP could be enough to reach the milestone of being a millionaire.
Investing in cryptocurrencies like XRP or Bitcoin has the potential to generate significant returns, and there have been individuals who have become wealthy through their investments. However, it's important to note that cryptocurrency investments also carry substantial risks.
200 XRP will not make you a millionaire. You would have to buy a lot more coins than that.
| # | Address name | Quantity |
|---|---|---|
| 1 | rMQ98K56yXJbDGv49ZSmW51sLn94Xe1mu1 Ripple29 | 1,960,027,032 |
| 2 | rKveEyR1SrkWbJX214xcfH43ZsoGMb3PEv Ripple39 | 1,541,294,080 |
| 3 | rEy8TFcrAPvhpKrwyrscNYyqBGUkE9hKaJ Binance4 | 1,477,168,712 |
| 4 | rBEc94rUFfLfTDwwGN7rQGBHc883c2QHhx Uphold4 | 1,372,766,274 |
In July, Ripple was handed a pivotal victory as a judge ruled that XRP is not in and of itself a security. Following this, the SEC was denied a request for an interlocutory appeal.
Even at a price of less than $1, XRP could be a riskier investment than you might think. Currently trading at a super-low price of just $0.65, crypto token XRP (XRP 0.11%) might appear to be wildly undervalued.
Most experts agree that Ripple's price can rise to the $250 range–$3 in ten years based on current predictions. According to Ripple Coin News, the price of Ripple might reach $30 in ten years. Smartereum is even more positive, predicting that Ripple will hit $250 to $300 in the next ten years.
The index includes top tokens like $SOL, $ETH, and $WBTC- all of which are expected to see considerable gains in 2024 - making this a fantastic DeFi platform primed to explode throughout the year.
In a recent proposal by Edward Farina, the Head of Social Adoption at #XRPUpdate Healthcare, a hypothetical scenario was presented whereby the price of XRP has the potential to see a significant increase, reaching a value of $10,000.
XRP went through a consolidation period in the last week of November, but fundamentals and price action show the crypto is primed for a breakout. According to a prominent crypto analyst, XRP is in the perfect position based on its previous price action for an epic rally that could send the price up to $10 or even $50.
Can Ethereum reach $100,000?
While the potential for Ethereum to reach $100,000 exists, it is likely many years out, at least 7 years (if not more). With a $13.7 trillion market cap of Ethereum, if and when it hits $100k, massive changes need to occur, first and foremost fundamental, technological, regulatory.
It's much more improbable that the token will hit $1,000. This is due to the fact that for XRP to reach $1,000 per coin, its market size would have to reach at least $100 trillion, which is unlikely to happen anytime soon. It was widely used by big banks and was well-liked by investors.
But what do the experts say about XRP prices as far out as 2030? Trading Education, which is bullish on XRP's long-term future growth, likens the platform to a Visa competitor by the end of the decade. The site predicts that XRP could reach a high of $31.81 by the end of 2030.
Ripple CTO, David Schwartz, has explicitly said that crypto like XRP could challenge the US dollar (USD) and become the world's reserve currency.
Will XRP reach $1 any time soon? So XRP should gain plenty of value over time from Ripple's money-transfer operations, and the token also benefits from the market-moving impact of predictable Bitcoin gains. I can't promise that XRP will reach $1 per token in 2024, but the general trend line certainly points upward.
