AJ, an analyst from BitBoy Crypto’s YouTube channel, has made bold predictions regarding the future price of XRP, forecasting a potential surge in value post-SEC lawsuit victory. His projections suggest that XRP could reach a range of $6 to $11 during the 2025 bull run.
$XRP has exploded in price this past week! But how high will this go at the top of the next bull run? Welcome to the Price Prediction Department with @Ajwritescrypto! Today, we'll be looking into #XRP's recent win and what that means for price action! 🧐https://t.co/MkGRWZgLlO pic.twitter.com/QE9FTbH751
— Ben Armstrong (@Bitboy_Crypto) July 17, 2023
AJ’s optimistic outlook stems from XRP’s recent legal win and the subsequent significant price gains following the ruling. Intrigued by this turn of events, he delves into XRP’s tokenomics and underlying technology to analyze its potential trajectory.
Read Also: ChatGPT Elaborates On What Ripple’s Victory Means For XRP Price
Understanding XRP’s Characteristics
AJ provides a brief overview of XRP, noting its launch in 2012 with a pre-mined supply of 100 billion coins. Unlike conventional consensus mechanisms, XRP utilizes the XRP Ledger Consensus Protocol, which allows validators to achieve consensus through a unique node list. This approach involves comparing blocks every three to six seconds.
Regarding XRP’s inflationary or deflationary nature, AJ argues that the small number of coins destroyed from transactions renders the deflationary argument virtually irrelevant. Instead, he emphasizes that XRP leans towards an inflationary model, with an escrow program gradually releasing 55 billion XRP.
Projections Based on Historical and Circulating Supply
Taking into account the projected circulating supply of XRP during the next bull run, AJ estimates that approximately 5.84 billion new XRP tokens would enter circulation by November to December 2025. This would result in a circulating supply of around 58.39 billion.
Referring to XRP’s all-time high price of $3.29 on January 4, 2018, with a circulating supply of slightly over 38.7 billion and a market cap exceeding $130 billion, AJ draws comparisons to the present.
Currently trading around $0.74, XRP has a circulating supply of slightly over 52.5 billion and a market cap of $39.2 billion. To regain its previous peak market cap, XRP would need to surpass $130 billion, requiring an additional $90 billion to be added to its current market cap.
Read Also: XRP Price Crashes to Zero on Poloniex Exchange. What happened? Details
Bullish Price Projections
Based on these figures, AJ presents a bullish outlook for XRP. He suggests that if XRP were to regain its all-time high market cap, the crypto asset could see a value of around $2.23 per XRP, representing a significant 183% increase from its current value.
Furthermore, AJ envisions an even more substantial price range for XRP, with values ranging from $6 to $11. These price levels would necessitate market caps ranging from $350 billion to over $642 billion, potentially resulting in an extraordinary 13x gain.
Divergence of Opinions
Acknowledging differing opinions, AJ contrasts his bullish projection with BitBoy’s forecast of $7 to $25 for XRP. Considering Ripple’s regulatory clarity and potential IPO plans, AJ believes that a $1.5 trillion market cap for XRP is within the realm of possibility, potentially leading to the lofty $25 price target.
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