I know this might sound crazy, but I’ll share it here anyway to hear your thoughts.
As we all know, we’re in a speculative market, and as the crypto market continues to grow, it’s possible that XRP could reach this level.
Based on analysis, here are the key factors that could make it happen:
https://cointelegraph.com/news/xrp-price-to-18-k-one-crypto-research-group-says-it-is-possible
Aside the fact how that doesn't make any sense in any way to value it most expensive thing in human history, Cointelegraph has lost all credibility ages ago. And this is just one example of their horrible click bait journalism. Giving a megaphone to some internet crypto influencers trying to pump their bags seems to be journalism now.As we all know, we’re in a speculative market, and as the crypto market continues to grow, it’s possible that XRP could reach this level.
Based on analysis, here are the key factors that could make it happen:
https://cointelegraph.com/news/xrp-price-to-18-k-one-crypto-research-group-says-it-is-possible
Quote
XRP to $18,000?
In June 2023, a month before XRP was declared “not a security” by Judge Analisa Torres, a valuation white paper named “A Comprehensive Approach To Determine The Fair Market Value Of XRP” was released.
The white paper was published by Valhill Capital, where multiple authors presented five valuation models to evaluate XRP’s long-term price, with “XRP Valuation Model #4” taking the sweet spot as the most ideal outlook based on token utility and future global adoption.
Utilizing the Discounted Cash Flow (DCF) approach, the basic assumption taken was that Ripple would handle a large portion of global transactions in the next 10 years, generating fees on the XRP Ledger (XRPL) and possibly tokenizing a substantial portion of global wealth, while replacing traditional remittance systems likes SWIFT. The valuation analysis was carried out based on the following data:
Base Global Transaction Volume: $104 Trillion
Economic Growth Rate (Over 10 years, 2023-2032): 2%
Applied Discount Rate: 10%
Total Transaction Present Value: $915 Trillion
XRP Circulating Supply: $50.7 billion
Price per XRP: $18,036
In June 2023, a month before XRP was declared “not a security” by Judge Analisa Torres, a valuation white paper named “A Comprehensive Approach To Determine The Fair Market Value Of XRP” was released.
The white paper was published by Valhill Capital, where multiple authors presented five valuation models to evaluate XRP’s long-term price, with “XRP Valuation Model #4” taking the sweet spot as the most ideal outlook based on token utility and future global adoption.
Utilizing the Discounted Cash Flow (DCF) approach, the basic assumption taken was that Ripple would handle a large portion of global transactions in the next 10 years, generating fees on the XRP Ledger (XRPL) and possibly tokenizing a substantial portion of global wealth, while replacing traditional remittance systems likes SWIFT. The valuation analysis was carried out based on the following data:
Base Global Transaction Volume: $104 Trillion
Economic Growth Rate (Over 10 years, 2023-2032): 2%
Applied Discount Rate: 10%
Total Transaction Present Value: $915 Trillion
XRP Circulating Supply: $50.7 billion
Price per XRP: $18,036
I wouldn't count out banks using XRP, but that's only because i wouldn't count out collapse of USA itself with current administration either. Banks using XRP just isn't a good idea in any way, but not good ideas seems to be a trend over there. Imho it would be just another stick taken away from the united states of jenga game.
