This is because its total circulation is less than 10 billion, which means it would need to have a market capitalisation of 10 trillion in order to hit a price of 100 thats 10x more market cap than bitcoin this will not happen lol.
the short and straightforward answer is yes, xrp can reach 100.
many analysts believe that the price of xrp might never test the 100 level, not in the next ten years. Many digital asset investors may not like the sound of this, as they believe xrp has great potentials to hit that level in the coming years. The highest level xrp has ever tested is around the 3 mark, and that was during the massive crypto bull run in december 2017 and early january 2018.
This may sound very disappointing to xrp investors, but they should not be afraid, i have a puzzle for them. Xrp hit its all-time high of above 3 in the famous bull run staged in late 2017 to early january 2019.
but can its currency, xrp, reach 100? And if so, how high can it go? The short answer is yes, xrp can reach 100. In a scenario where the xrp market cap goes higher than a trillion dollars, its likely that the dollar will be overly devalued.
And no, xrp is not expected to hit 100 a piece in the next 5 years. It should not, however, have any problems reaching a 1 trillion market cap in due course (less than 5 years) which will then propel the price to about 10-15 per one.
However, after the sec announcement, the price collapsed and now is extremely volatile. By the end of 2021, xrp cryptocurrency can touch the 1 point.
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