Quote from: minhkhoa on December 13, 2020, 12:42:17 PM

The price of $14 with XRP is too high so I find it impossible to reach it during this year or the next, we need to analyze the actual Bitcoin value which is only $19,381 now, while XRP is only $0.5. therefore, it is not close to the $ 14 mark.

Agree. A target of $14 per XRP seems too optimistic to me. It's an insane price for XRP considering the level of inflation it has. The hard cap of a billion XRP tells us that the token is not meant to be valuable over the long term. If Ripple wanted its token to be a store of value like Bitcoin, it would've reduced its supply by now. Besides, the company controls a large portion of tokens on the market. This means that constant dumps are expected, reducing XRP's chances to gain new ATHs in price. The only way XRP will go up in price is if there's a massive bull run on the crypto market. Other than that, it'll remain below the $1 range for a very long time.

AFAIK, the recent pump in XRP's price is only attributed to the Spark airdrop. So many people out there looking to make a quick buck with Spark's free token offering to XRP holders. After the hype is over, expect to see XRP's prices going all the way down the drain. Considering all of XRP's limitations, I think the most realistic price for it would be $0.25 - $0.40 per coin. A price above $1 will not be sustainable in the long run.

Nonetheless, there are far better coins out there than XRP. The utterly centralized model of the XRP Ledger, will lead it to its demise in the future. That's largely because people prefer something they can control, than all the other way around. XRP's return of the middleman, greatly defeats the purpose of crypto/Blockchain tech. Decentralized cryptocurrencies will prevail, leaving XRP in the dust. At least, Stellar Lumens (XLM) is a better alternative to XRP with a decentralized model. Whenever XRP will become cheaper or expensive over time, it's yet to be seen. Just my thoughts Grin