The Pipeline Flow Model, a market valuation model, suggests that the fair market value of XRP could be in the four-digit range, far higher than its current trading price. XRP enthusiasts argue that the altcoin faces a price suppression campaign that has kept it undervalued. Despite being a top performer during the 2017/2018 bull run, XRP has continued to underperform. Speculations suggest that this price suppression may be due to Ripple's periodic XRP sales or the SEC's legal battle with Ripple. The Pipeline Flow Model views XRP's role in the financial ecosystem as a dynamic system and predicts that its price will expand as transaction volumes increase. The model estimates that XRP's fair value could stabilize at $3,541 under peak global transaction volumes. However, XRP currently trades at $0.5126, making it 690,692% away from this fair value. It is important to note that this fair value is hypothetical and does not reflect a price projection.



Other News from Today