$692.30 per Ripple (XRP) and 3 Other Price Predictions In a Nutshell

$692.30 per Ripple (XRP) and 3 Other Price Predictions In a Nutshell

$692.30 per Ripple (XRP) and 3 Other Price Predictions In a Nutshell

[Photo: Ripple Taking Off. Source: newsbtc.com]

I think it is time for some good news after the happenings in the cryptocurrency markets and a similar crash in the regular stock market. Ripple (XRP) has not been spared by the hellish bloodbath that has seen some astronomical drops in value in less than a month. But there has been a slight pump in prices. Currently, Ripple (XRP) is trading at $0.73 which is a 17% rise from a yesterday low of $0.62. This is some welcome relief for those who invest in Ripple.

Allow me then to compile 4 of the major price predictions that I have come across on the web. Some might sound absurd; some might sound realistic. But it does not hurt mentioning and analyzing them. Not forgetting that anything is possible in the world of cryptocurrencies.

$692.30 per XRP

Yes, this figure is absurd! This would mean that the market cap of Ripple would be around $27 Trillion. It is worth noting that the total value of all gold ever mined is about $7.8 trillion. 

But how did we reach a price prediction of $692.30 per XRP?

This value is obtained by using the assumption that Ripple (XRP) will be the coin and system of choice for all cross-border settlements by financial institutions. The daily estimate of all cross-border payments accross the globe stands at $9.8 Trillion. The theory also states that there is $27 Trillion parked in cross-border transnational accounts. If Ripple (XRP) were to be the medium of choice for that $27 Trillion, then we get to $692.30.

$151.51 Per XRP

The author of the article on medium that predicts this price for XRP goes ahead and does complex math calculations to reach this figure. Some of which I am sure we’d understand with time. This price estimate is obtained using a value investing approach. The price is reached by calculating what value Ripple (XRP) brings to the world of transferring value/cash across the globe. It is more or less giving a price prediction for Ripple’s (XRP) proof of concept.

I am a fan of Ripple’s proof of concept and I think given the various partnerships it continues to acquire there is an argument to get involved and buy it at some point. Whether this prediction is correct it is difficult to say given the volatility.

$25.64 per XRP (Trillion Dollar Market Cap)

The current supply of ripple lies at 39 Billion coins in circulation. The current market cap at the moment of writing this, lies at $28.489 Billion. This value is obtained by multiplying the current price of $0.73 with the 39 Billion coins in circulation. Therefore, for a Trillion dollar market cap, we work backwards from the coins in circulation to get the projected price of $25.64 per Ripple (XRP). This is not a far off figure for Ripple to reach by the end of 2018. This can be made possible as more and more banks and money remitting service providers adopt the Ripple money settlement system. Considering the fact that Ripple (XRP) did over 20,000% in gains in 2017, $25.64 is highly likely and only a 3,500% gain from the current price of $0.73. It is possible!

$6.45 per XRP

The following investors have currently put forward their intention or are already working with Ripple:  Accenture, Andreessen Horowitz, CME Ventures, Core Innovation Capital, Google Ventures, Santander Innoventures, SBI Group, Digital Ventures, Seagate, Standard Chartered and many more to come. This means that the little coin is really living up to the big shoes that the financial institutions expect it to fit into. This is why it might not be prudent for the coin to skyrocket at a pace only known by Bitcoin or other coins that fluctuate due to pumps. Therefore, a $6.45 price prediction is a conservative and welcome price to guarantee price stability for Ripple (XRP) in 2018.

It is with the last estimate that I am most comfortable with right now. The other three are exciting but the reality is, such quick and rapid rise of a coin, can easily lead to a fumble at the top like the legendary Bitcoin has. I hope Ripple (XRP) takes the steady but sure route to the top.

More Resources

More Ripple Resources & Articles:

Buy Ripple or other cryptocurrencies

Sheep mentality see’s Ripple price increase over 100%

Ripple partners with PNC Bank

A guide to buying Ripple

A look at other popular cryptocurrencies

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I would love to see $1.20 so I can sell without a loss but alas i dought we will ever get close to this price. I belive xrp will be the big faill of 2018/19 like the Enron of Cryptos.
Without any utilty and with 100 B coins controlled by Ripple the true value of the coin is less than 1 cent.

You may get your wish in the coming week. Be prepared

Ripple is A MAJOR BIG FAT FLOP it will never go to the TOP !

DogeCoin is the same it is a losers game !

Le potentiel de XRP est illimité, Ripple n’en est qu’à ses débuts et effectivement certaines institutions financières parmi les plus grandes testent le protocole de transfert Ripple (phase 1) avant de passer a la phase 2 (adoption de XRP). Il semblerait que Ripple avec XRP tienne ses promesses. 2018 va être une année fulgurante pour XRP et nul ne pourra dire quel prix on va atteindre fin 2018 (15$ – 25$ – 30$ – plus ?)

La drogue.

Bruno, get your facts straight. If you bothered to do any research before spouting off misinformed views you would see it IS being used and/or tested (that has been made public i might add!).

Cuallix (bank) is using it.
MoneyGram – in pilot testing

As xRapid is only a few months out of beta, most financial institutions would not jump into it straight away. Get them comfortable with xCurrent, then some of them will adopt xRapid! Walk before you run!

* The rocket is loading with fuel, prepare to blast off in 2018! *

How right you were with this analysis! Nicely done 7 months ago! This week we’ve seen the adoption of xrapid and xcurrent by the likes of Santander Bank of Spain. There’s even rumor that Amazon is in talks with Ripple for it’s international orders utilizing xcurrent. Sure, there are some hurdles yet to unfold, but the outlook and real-world use of Ripple is far greater than any other project in crypto at the moment.

Name 3 institutions that use or are planning to use XRP token in the future. There’s none. ZERO. Planning to adopt Ripple’s money settlement system does not necessarily mean the use of XRP token…Period.

Mercury FX, Cuallix, Catalyst Corporate Federal Credit Union

Predictions For 2018

– Looking at the latest developments and increasing interest towards the XRP, by the end of 2018, the Ripple price is expected to cross the $2 barrier at least.

– Trading Volume of XRP is nowhere close to the most popular cryptocurrencies, BTC and ETH. Trading volume is expected to grow in 2018, and a rise in speculative activity on the Ripple cryptocurrency can even raise its prices to $4-$5 mark as well.

– Though the overall price of XRP is expected to witness an upsurge, not all months of 2018 will be the same. A lot of cryptocurrency enthusiasts don’t like the idea of banks or any financial institution or a company regulating the cryptocurrency. In the long run and as long as banks exist, XRP is likely to prove as a solid investment, but its prices can see a downward trend in some of the months.

Should You Invest In Ripple?

If you want to invest in Ripple, XRP as a long-term investment that you would like to hold for years to come, Ripple seems to be a promising investment. A paradigm shift is happening, and we are moving towards digitization of all currency. In the world where money exists in the digital ledger of banks, cryptocurrencies like Ripple have a special place as they are not anti-bank in nature like many other cryptocurrencies. Instead, they are developed to let the banks utilize the evolving blockchain technology.

If you want to invest in XRP for quick gains within a few months to an year, it seems promising. In 2018, it is expected to see a sharp upsurge in prices. It is projected to cross the one dollar mark at the very least.

If you are a day trader, XRP’s trading volume should grow as well. With increased trading activity, fluctuation in prices will be seen as well.

Final Verdict

With a promising financial technology for future and growing network of banks, Ripple’s cryptocurrency looks like a promising long-term investment. With more investors becoming aware of XRP and a growing awareness towards its technology, XRP’s prices are expected to rise in 2018. In the first half of 2017, XRP’s price surged up to 4000%. As the trading volume of this cryptocurrency is nowhere near the most popular cryptocurrencies, BTC and ETH, it is expected to witness at least one-fourth or half the spike as seen in 2017. Therefore, it is predicted to rise above $2-$4 in 2018.

Note:- this is a view of friend of mine……what do you say about this……..i am new over here that’s why I need suggestions from you…….hope i will get the answer soon…..thank you in advance

I think Ripple/XRP on the one hand and Ethereum on the other hand may become an east-west thing. I read this week that Ethereum are starting a use case in oil trading (Texas!) and the Russians and Chinese are looking at Ethereum also for oil business. New attempt to topple the petro-Dollar??

Only xrp and eth they will remain big players. The rest is either too weak or their glory time belongs to the past

In the Congress testimonies a market cap of “North of 20 trillion” for crypto was mentioned by one of the big wigs earlier this week. Let’s suppose this estimate would work out and Ripple would gain 20% market share and have 65 billion XRP in circulation by 2020. Then there would be 4 trillion USD for 65 billion xrp = appr. $ 61.50. Bear in mind crypti is only now becoming ‘mainstream’ and the fraudsters will be weeded out. That’s what regulation is about.

This is just the wind-up. Looking forward to the journey.

$ 25.64 por XRP essa eu quero ver

I also hope the $25.64 prediction materializes.

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