CandleFocus

Expert Says XRP Reaching $100 is Very Possible, Ditches Market Cap Concerns

Angel investor Armando Pantoja challenged skeptics who believe XRP cannot reach a price of $100 due to its market cap. He compared the situation to the early days of the internet, where critics dismissed its potential because only a fraction of homes owned personal computers. Pantoja urged crypto investors to think beyond present constraints and emphasized that the path to mass adoption often unfolds unexpectedly. XRP has been performing well in the ongoing bull market, reaching $1.46 and seeing a 185% increase in the past three weeks. However, reaching $100 would require a significant expansion in value and market cap. Some analysts believe it is possible, while others find it unlikely. XRP enthusiasts draw inspiration from Bitcoin's rise and believe that a $100 price could be feasible in the future. Pantoja, although optimistic, stated that this threshold may remain elusive for at least another five years.

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