Crypto expert Levi Rietveld has provided a detailed price prediction for XRP, anticipating its trajectory by 2025. Leveraging historical data and current trends, Rietveld predicts that XRP’s price could reach $20 or even $70 per coin.
Rietveld notes that XRP exceeded his initial predictions in November, surpassing market expectations with a 5X increase to nearly $3. He now feels confident about the coin’s trajectory moving into 2025. To illustrate his prediction, Rietveld analyzed the potential worth of a portfolio holding 1,000 XRP tokens for 2025.
The choice of 1,000 XRP as a benchmark makes math easier and is a realistic goal for many investors. Rietveld encourages followers to aim for higher amounts, such as 10,000 to 25,000 XRP, to maximize potential returns.
XRP’s historical market dominance has seen significant growth in recent months. From September to November 2024, its market capitalization more than tripled, increasing from 1.25% to 3.91% of the total crypto market. Rietveld predicts that XRP could achieve 20% market dominance by 2025, resulting in a 6X increase in price.
In this scenario, 1,000 XRP today would be worth $20,000. However, Rietveld also pointed out that an extremely bullish case could see XRP reach $70 per coin, with the value of 1,000 XRP reaching $70,000.
While Rietveld remains optimistic about XRP’s potential, he provided a more conservative estimate for the coin’s 2025 price. Assuming XRP captures 10-15% of the crypto market and the total market cap reaches around $12 trillion, his target price for XRP is around $20 to $23 per coin.
Disclaimers: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions.
Source: https://thecryptobasic.com/2024/12/28/heres-what-1000-xrp-will-be-worth-in-2025-price-prediction