The recent XRP rally has led to a breach of $2.3, a level not seen since 2018. This impressive upswing comes amid Bitcoin’s $100K retest. With such optimism, it isn’t unlikely for investors to become extremely bullish and predict wild targets and theories for the coin of their liking. In this CoinGape article, let’s explore this one user’s theory which suggests that XRP price will hit $10,000 due to supply and liquidity constraints.
XRP Price Could Hit $10,000 Based on Supply, Liquidity
XRP price predictions have sparked intense discussions, with some enthusiasts speculating a monumental rise to $10,000 or more. The speculation centers on XRP’s potential as a global bridge currency, leveraging partnerships with major financial networks like SWIFT and an increasing adoption rate among banks. “In reality, you would only need about $130 billion to buy up all the XRP in circlation,” the post suggests, emphasizing liquidity as a crucial factor for such a value.
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