How do you think that this centralised cryptocurrency will perform that much. Do you know what is the current price of xrp and its volume in the exchanges.
first of all this project should allowed the traders to perform as their own which on trading and give free hands to their investors. Please understand xrp team holds the funds around 10+ percentage within their team alone.
They can be as high as that not because of a good performance in the market but rather because of manipulation of those who hold both the funds and the token. We have seen several manipulation in XRP market from pump to dump. I can say, it is possible to reach $60 if the Dev decided to burn their token holdings.
if so, it means basically coins are centered, like this xrp is very vulnerable to manipulation? and the price issue is easy to play so to reach the price of $ 60 is not impossible.