Analyst Predicts XRP Price To Hit $100: Here’s How To Become A Millionaire
October 18 2023 - 12:00PM
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Several crypto analysts and influencers in the XRP community have
continued to make their predictions as to the future of the
XRP price. This time, another has predicted the token to rise
to $100 and given tips on how one could make money from this
occurrence. How To Make $1 Million From XRP In a post shared
on the X (formerly Twitter) platform, Crypto Analyst and XRP
influencer Crypto Assets Guy stated that XRP had the potential to
reach $100 in 3-5 years. As to the best way XRP holders could
benefit from such a significant increase in XRP’s price, he opined
that holding 10,000 XRP is enough for those holding
long-term. Related Reading: Ripple Job Posting Sparks IPO
Rumors, Will XRP Price Finally Cross $100? He further calculated
the potential returns that these holders stood to gain if his
prediction were to come through. Going by this, holders could gain
as much as $1 million, assuming they were holding 10,000 XRP and
each token was worth $100 in the next three to five years. Some
seemed to agree with the analyst’s prediction, with one particular
X user stating that XRP “should” break $100 long before then,
especially due to institutional interests. On the other hand, many
seemed to disagree with the prediction and stated that it was
almost impossible for the token to hit $100 by then. There was also
the category of people who seemed tired of such predictions as they
stated that they had heard similar predictions in the past (years
back), and still, there hasn’t been any notable increase in the
token’s price. XRP Price Prediction Factual Or Otherwise? The
future XRP price is arguably one of the trending topics in the X
crypto community, as analysts and influencers have continued to
make predictions on the token’s trajectory. While some have based
their prediction on certain indicators and fundamentals, others
seem to be making these predictions without any conviction or any
basis for it. Related Reading: Crypto Research Firm Predicts
200% XRP Price Rally To $1.5 With this in mind, some members of the
XRP community have gone as far as accusing these influencers of
simply making these predictions for engagement farming.
Interestingly, the influencer Crypto Assets Guy who had made this
$100 prediction was the same person who had some days back stated
that XRP wasn’t going to hit “$10000, $1000, $50 or $10 any time
soon.” Although one can’t assertively state what he meant by “any
time soon” in this context, it raises eyebrows as to the analyst’s
recent prediction, considering that he seemed less optimistic about
XRP’s future trajectory just days back. Token price takes a
beating | Source: XRPUSD on Tradingview.com Featured image from FX
Empire, chart from Tradingview.com
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