55 Expert: Ripple (XRP) Can See These Crazy Levels! - Coinleaks
Current Date:September 21, 2024

55 Expert: Ripple (XRP) Can See These Crazy Levels!

55 crypto and fintech experts selected by Finder.com shared their price predictions for Ripple (XRP). Experts say that depending on the case, XRP will peak again at the end of 2025.

Here’s what levels Ripple (XRP) will be at if it wins the case

In the new survey, 55 crypto experts shared their predictions about the future value of XRP. Experts’ predictions depend entirely on whether Ripple wins the lawsuit against the SEC. For example, if Ripple wins the case, experts expect the XRP price to reach $3.81 by 2025. However, if Ripple loses the case, it will trade around $0.98 on that date, according to experts. 48% of experts predict that if Ripple loses the case, it could drop below $0.50.

One of the attendees, Gate.io’s head of global public relations and communications, Dion Guillaume, said he expects $2 by 2025 if Ripple wins the case. On the other hand, if he loses, he predicts XRP will trade around $0.75. Guillaume summarized what would happen if the latest Finder wins in the predictions poll:

On a positive outcome, Ripple’s XRP token can be listed on all exchanges that previously delisted it. Also, Ripple will rebuild valuable partnerships like Moneygram, which will work wonders in its valuation.

What will happen after Ripple loses the case?

If the company loses the case, 43% of experts believe the company will move to a different jurisdiction. However, 26% of the experts did not agree with this idea. The remaining 31% weren’t sure about it. Sathvik Vishwanath, CEO of Unocoin Technologies, is one of the 43% who believe that if they lose the case, Ripple will simply take action. Vishwanath says that even if he loses the case, the XRP token will continue:

XRP has responded well to market-wide price movements and all the recent bull runs. Its average price even increased in March 2022. The outcome of the lawsuit will play a big role in defining XRP’s future price action. However, despite all the bad press, it showed that it can still improve.

Anton Altement thinks case outcome will be ‘ineffective’

Osom Finance CEO and co-founder do not think that the SEC lawsuit will have a big impact on the future price of XRP in the long run, unlike the short-term volatility that XRP may experience in the eventual outcome of the lawsuit:

While the outcome of the case will have an immediate effect on the price, it will generally be ineffective. Even if they lose and get fined, they will likely be able to negotiate reasonable payment terms. Still, the overall bullish situation is driven by technology adoption rather than transaction costs (as was the case with the SEC litigation, after all) and so the outcome won’t be a make-or-break situation.

cryptocoin.com As you follow, XRP is currently trading at $0.48607. It was 1.2% lower than in the last 24 hours.