What does everyone think for the potentinal now with XRP for rest of this year? It hit a high of $3.30 a few months ago so i see no reason why it can't get to at least $6-8 now that it has been cleared. I have even heard some say it can hit $15 but I'm not sure about that.
You're thinking too much about it. I know that things can be possible for the crypto market and these prices can be moved due to volatility.
But there are many factors that you have to consider. The total supply is quite high for this coin and if you're going to think of these prices, you'll need to recalculate how much it needs for it to reach that price.
$15 is too high for a 58.1B circulating supply coin while it's got a total of 100B for its entirety.
I feel its normal to wonder how high an investment can reach this year especially after it being held back for many years.
It reached $3.30 back in December, so i dont see why it cant at least double that now that the lawsuit has been dropped and likely ETF coming for it soon also.
Yeah, it's normal to speculate that high but you shouldn't go far in the reality that if that is to happen. The possible time will take longer than you can possibly imagine.
Well, that's possible to double at the end of the year and let's see if it will be doubled by any point of this year. I am not discouraging you but I am only stating what I think about it.
Because before, I've thought of the same for some other projects and I have failed myself, my own expectations.