XRP triple digits this year? How it could happen
Here are my thoughts on what it would take to send XRP above $100, since a lot of you have been asking.
A triple-digit price for XRP is not so much a moonshot as it is a math exercise.
The way I see it, XRP could hit triple digits the day the volume arrives. The very day.
Most people think backwards about what it takes for XRP to rally. They look at XRP sitting at $1.20 and laugh at $100, because it feels like an 80x investing fantasy pulled out of thin air.
They think speculative demand needs to increase 80x for the price to 80x.
It’s like using elementary math for a calculus problem.
No, XRP does not climb to $100 on hype. It gets there when financial institutions start burning XRP with fee-burning transactions on the ledger.
Here is the uncomfortable truth I keep coming back to. The repricing of XRP to triple digits is not really about XRP demand as a speculative investment itself. It is about how many transactions occur on the ledger.
Right now, almost none of the institutional money is on XRPL yet, because let’s face it, almost all of the money in the world settles in the USD denomination, and Ripple USD (RLUSD) is a relatively new invention.
The setup, the rails, are built, but the train traffic is just starting.
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