Post
Topic
Board Speculation (Altcoins)
Re: XRP - yes or no?
by
Abiky
on 05/12/2023, 11:30:26 UTC
Adding up into this one.

XRP Price Could Hit $10,000 If It Overtakes SWIFT, Pundit Suggests
https://www.newsbtc.com/xrp-news/xrp-price-10000-overtakes-swift/

With these kind of sentiments or fundamentals whether these are real ones or not, it does really give out that kind of positivity towards into its holders.
This is why if you do believe that XRP would be having that good future despite of being that too centralized then it would be not bad
on throwing up some bucks for you to invest into it.

$10k is quite an exaggeration. There are billions of XRP in circulation. On top of that, Ripple (the company) holds a large portion of XRP tokens ready to "dump" anytime. A more realistic price would be $20 - $25 per XRP. That's only if the XRP Ledger replaces SWIFT as the international settlement layer for payments. Otherwise, expect prices to decline or stall due to lack of real use cases for the "cryptocurrency".

I wouldn't trust a centralized coin endorsed by banks. Not even to make a profit out of it. If US regulators continue to pressure Ripple (the company), it's likely XRP will fade away into oblivion. Why choose XRP when you can choose something that's built to last (Bitcoin, Ethereum, etc)? Cheesy