Here’s How Much Ripple (XRP) Will Increase in 1 Year: Analysis

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Here’s How Much Ripple (XRP) Will Increase in 1 Year: Analysis
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Cryptocurrency research provider, Sistine Research, predicts XRP might rise to $1.50 by July next year, following a possible dip to $0.40.

For XRP to reach $500, its market cap would need to surge to $250 trillion, compared to the entire crypto industry’s $3 trillion peak in 2021.The latest price prediction regarding Ripple’s native token – XRP – came from the cryptocurrency research provider Sistine Research. The entity took into consideration a certain chart, according to which the asset has a chance to soar to $1.50 by July next year.

The most ridiculous assumption was presented by the crypto analyst Shannon Thorp. In her view, the coin’s valuation couldIt is safe to assume that such an increase would remain a mirage since XRP’s market capitalization should rise to around $250 trillion for this to happen. In comparison, the entire market cap of the industry stood at approximately $3 trillion during the bull run in 2021.

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