I personally don't see Ripple having what it takes to be a worthy competitor of Bitcoin. Ripple is light years behind the popularity and relevance of Bitcoin in the cryptocurrency market. The total supply of Ripple makes it more like dogecoin anf that explains why the value has always been in penny's.
The value hasn't been in pennies always, it also had its fair share of popularity in its days back when bitcoin was hovering around its all time high and ripple did actually reached moon back then crossing $2 mark which was actually a lot considering its circulating supply. I also don't think that it will ever be able to moon now because back then altcoins were in the hype and now we are watching DeFi hype, if the ripple team announce the DeFi integration then we can see a price spike in that condition but other than that it is highly unlikely for ripple to moon.