According to the popular cryptocurrency analyst Shannon Thorp, the price of Ripple’s native token could blast beyond $500 in the future.
She based her bold prediction on a recent report that estimated that the total value of cross-border payments might reach $250 trillion by 2027.
XRP Hitting the $500 Mark?
Thorp shared some key points from Ripple’s 2023 New Value Report, agreeing with the thesis that the increased liquidity of XRP could turn the token into a form of digital currency that can be moved around the world in real-time.
The research further states that expected cross-border payments value could skyrocket to a whopping $250 trillion in the next four years. As such, Thorp thinks that XRP’s price should be above $500 to facilitate that amount.
From the 2023 New Value Report by #Ripple
$250T is expected by 2027 just in cross-border payments!
A $500 XRP price just doesn’t seem like enough to facilitate that amount. $xrp #xrpisnotasecurity pic.twitter.com/HvIIp0vIi
We współpracy z: https://cryptopotato.com/expert-makes-outrageous-ripple-xrp-price-prediction-but-is-it-out-of-touch/
