Top Analyst Insists Ripple (XRP) at $100 Is Not a Lot: Here’s Why

Crypto analyst Rob from the XRP007 YouTube channel addresses the growing doubts among many in the XRP community about the price of the token spiking to $100. Over time, there have been a lot of optimistic predictions about this token, and reaching $100 has been widely regarded as an impossible feat or an overly optimistic prediction.

Rob emphasizes the widespread adoption of XRP, pointing to community members from Colorado to Australia. He notes the strategic mindset of XRP investors, focusing on their understanding of wealth preservation strategies.

Corporate Reserve Asset Transformation

A significant development emerges as NASDAQ companies reportedly begin acquiring XRP as a corporate reserve asset. The analyst emphasizes this represents a long-term holding strategy of 5-10 years rather than short-term trading, potentially triggering a supply shock.

Read Also: Analyst Warns of XRP Price ‘Bloodbath,’ But Here’s Why Ripple’s Token Holders Shouldn’t Worry

Breaking down the numbers, the analyst presents a compelling scenario where S&P 500 companies purchasing just 5 million XRP each could potentially absorb the entire retail supply. He further analyzes that 2,784 global billionaires could target the available 2-6 billion XRP retail supply.

Price Trajectory and XRP Price Prediction

Citing Finance Bro’s analysis, Rob discusses potential price targets, including a near-term projection of $110.97 and sustained levels between $30-50. The analyst draws parallels to Bitcoin’s historical journey from $100 to $100,000, suggesting XRP could follow an even more aggressive growth trajectory due to its utility advantages.

The analyst expresses strong conviction about XRP reaching $500-1,000 by end-2025, citing institutional adoption and potential implementation by major financial entities like BIS, FedNow, or Swift. He emphasizes that a single major entity adopting XRP could trigger trillions in value flowing through the XRP Ledger.

Rob concludes his analysis by urging viewers to prepare for transformative changes in the XRP ecosystem, metaphorically suggesting the community will need a bigger boat to handle the incoming wave of adoption and value appreciation.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo