The price of XRP could potentially increase by over 759% if its market cap reaches $350 billion. XRP has experienced a surge in price as Bitcoin broke $90,000 and recently surpassed $1. Its market cap has also reached $60.9 billion, the highest since July 2021. Some market analysts have suggested that XRP could reach targets of $4, $6, $14, or even $17. However, skeptics question the feasibility of these higher goals due to the substantial amount of capital required. XRP has not yet reached a valuation of $100 billion, with its peak market cap at $95.5 billion in January 2018. To reach a $350 billion market cap, the value of 1 XRP would need to rise by 759% to $6.15. Some potential catalysts for XRP to reach these levels include the upcoming XRP ETFs and the launch of the Ripple Stablecoin on the XRP ledger.
- Content Editor ( thecryptobasic.com )
- 2024-11-17
Here is How Much 1 XRP Will be Worth if Its Market Cap Reaches $350B