XRP’s future price trajectory has always been an interesting topic among crypto analysts and enthusiasts in the Web3 space.
Amidst the heated debates and several analyses hovering around XRP’s future price movement, none seem to serve as an ultimate guide, as the coin does not seem to replicate any of the speculated assertions.
However, it does not stop crypto faithful from being curious about the fate of their favorite crypto, resulting in more intensified analyses aimed at XRP’s price movements.
Consequently, XRP’s price projection, ranging from feasible to highly ridiculous predictions, has continuously flooded the crypto space, resulting in a dilemma for XRP holders and other potential investors.
This article will adopt insights from some reliable authorities to evaluate the possibility of XRP at $500.
Google Gemini: XRP To $500
Gemini, Google’s artificial intelligence chatbot, asserted that XRP at $500 is highly unlikely despite the coin’s potential for expansion.
The chatbot noted that hitting $500 at the current circulating supply would imply a market capitalization above China’s Gross Domestic Product (GDP), which is not realistic in a real-world application.
Telegaon – XRP Will Be Far From $500 By 2050
Telegaon, a renowned online price prediction platform, does not envisage XRP at $500 happening even by 2050. According to Telegaon, XRP will conclude 2024 with a $2.28 maximum price.
Going further, the price prediction platform revealed that XRP will not attain double figures until 2030 when it will be worth a maximum price of $10.13.
The price prediction platform added that by 2040 and 2050, XRP will hit maximum prices of $20.34 and $35.27, respectively.
XRP At $500 Possible By 2050 – Changelly
Changelly, a leading trading and price prediction platform, is highly bullish on XRP’s future. According to the exchange price projections, XRP’s price trajectory will steadily expand as the year progresses.
Analysts at Changelly reveal that XRP will hit the $10 price mark by 2031. In addition, the trading platform noted that the coin will ascend to $100 by 2040. They state that XRP at $500 will be a possibility by 2050.
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XRP’s Market Statistics
XRP, the seventh largest crypto asset, is changing hands at about $0.61, reflecting a 2.6% decline in the past 24 hours. Any potential surge to $500 seems ridiculous as it implies an increment of about 134,372%.
How events unfold remains to be seen. However, as mentioned earlier in this piece, no price analysis on any crypto asset is said to be absolute. In that light, readers are encouraged to do personal research before making decisions on investment choices.
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