Post
Topic
Board Speculation (Altcoins)
Re: XRP Price to $14 - Any thoughts?
by
Abiky
on 03/07/2020, 01:54:21 UTC
gentlemen are we talking about same xrp ripple coin?
Its all-time XRP-USD chart shows nothing but bear run. Continuously for 2 years.
Literally it peaks once in X months and each peak is lower than the last one.

Exactly. I think XRP is a goner, because of heavy manipulation on the market. No one would want to "hodl" a centralized cryptocurrency for the long term. XRP is meant to be used in the short term due to its economic model. Being a "settlement system" could prove to be extremely beneficial for banks and governments alike. But knowing that XRP has been unable to provide real use cases for the mainstream world, it looks unlikely that it'll become a success anytime soon.

I'd say that XRP will be worth cents instead of dollars in the future. $14 per XRP seems to be a lot, considering the coin's total supply. The latest ATH of XRP was well over $3 per coin. If it goes higher than that in the future, it must've been because Bitcoin went all the way to the moon. But achieving higher prices on its own, will not be feasible right now. Unless the Ripple company decides to reduce the supply of XRP, I don't see it going anywhere. Just my thoughts Grin