“Who will hold their XRP until it reaches over $100?” With this provocative question, crypto analyst XRP Avenger recently fueled the discussion within the Ripple community on the X platform. In his opinion, 98% of investors would sell their XRP tokens as soon as the price is between $10 and $50. However, he himself follows a completely different strategy: Only when Ripple exceeds $100 will he consider selling.

Absurd price targets: From $44 to $333 and beyond

XRP Avenger’s provocative statement sparked a flood of reactions within the Ripple community, with many investors sharing even more ambitious price targets. While some community members said they would not sell until Ripple was worth several hundred dollars, others even targeted price targets in the four-digit range.

One participant stated that he would sell his Ripple at $44 to use the remaining tokens to build a company specializing in tokenizing assets on the Ripple Ledger (XRPL).

Not only investors but also analysts are optimistic. Dark Defender, a respected crypto analyst, stated that he will not sell his Ripple until the price reaches the $333 mark.

What awaits XRP?

Despite the different opinions within the Ripple community, optimism prevails that Ripple will soon see a significant price increase. Current developments in the crypto world are further strengthening this positive sentiment. The infamous lawsuit against Ripple, which for a long time acted as a brake on the Ripple price, seems to be coming to an end.

The SEC seems to be abandoning its aggressive regulatory strategy. In fact, recent actions by the regulator have even convinced a former SEC director that the lawsuit against Ripple will soon be withdrawn. If this scenario comes to pass, it could finally unleash XRP’s full potential and potentially lead to a price increase to the four- or even five-digit levels predicted by the community.

In addition, the likelihood is growing that an XRP ETF will soon be approved in the US. Such an exchange-traded fund (ETF) would offer institutional investors the opportunity to trade Ripple in an accessible and regulated manner. This could significantly increase the demand for Ripple, which in turn could have a positive impact on the price.

Author
Recent Posts

Margharet Tess

Editor, Developer at Cryptheory Labs

I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com

Latest posts by Margharet Tess (see all)