Recent happenings hovering around Ripple saw XRP emerge as one of the honest topics of discussion in the crypto space.
Prior to Judge Torres’s summary ruling, speculation of how an optimistic court verdict would undoubtedly spike XRP market cost appeared to abound. However, the opposite seemed to be playing out presently as XRP continues to record unimpressive stats.
Obviously, XRP has failed to live up to the anticipated hype in terms of price tend, following Judge Torres’ summary judgment; the meager spike it recorded was not what the community envisaged.
Now, doubt seemed to become the order of the day among potential XRP investors. Nevertheless, there is still hope for XRP’s future price surge, as bullish predictions continue to emerge in recent months.
In the latest development, ChatGPT, an artificial intelligence (AI) model that ranks high in its applications for predicting crypto asset future prices, was consulted to predict XRP prices for some selected years.
In response, the AI chatbot came up with conservative and optimistic prices for the selected years. It also included factors that might impede XRP’s price ascent.
XRP Conservative And Optimistic Price Forecast For 2024
ChatGPT projected XRP’s conservative price target for 2024 to fall between price levels of $0.8 and $1.2, citing a potential drop in adoption rate and Ripple’s pending regulatory concerns as factors that could impede or accelerate the coin’s price ascent.
For an optimistic price outlook, the AI model noted that a price target between price marks of $1.5 and $2.5 is feasible in 2024.
XRP Conservative And Optimistic Price Forecast For 2028
Noting similar regulatory concerns, coupled with a potential unexpected technological mishap, the chatbot predicted price levels in the range of $2.5 to $4 for XRP.
On the other hand, citing factors like a matured crypto sphere, a remarkable cross-border payments adoption rate, and an expansive blockchain integration, ChatGPT projected XRP’s value to range between $5 and $10 in 2028.
XRP Conservative And Optimistic Price Forecast For 2032
For 2032, the chatbot highlighted a continuous regulatory concern and competition from other projects as potential hindrances to XRP’s price surge. It predicted XRP’s price to be between $5 and $10 in 2032
For an optimistic outlook, ChatGPT noted that price targets between $10 and $20 are possible if XRP eventually succeeds in establishing itself as a strong force in multinational finance, as this could boost the token’s mainstream adoption.
XRP Conservative And Optimistic Price Forecast For 2050
ChatGPT said in 2050, the emergence of better advanced technological inventions and regulatory concerns would suppress XRP’s market value between $10 and $20 for a conservative approach.
For an optimistic scenario, XRP could attain price levels between $20 and $50 if the coin succeeds in evolving into a dominant crypto asset for global adoption.
Meanwhile, XRP’s data at press time, and according to CoinGecko, revealed the cryptocurrency’s price to be changing hands at the $0.500760 price level. It boasts a market cap of $26,593,726,539, with a trading volume of $750,218,813.