Prediction: XRP Will Quadruple in Value and Hit a Price of $4 in 5 Years
As new use cases emerge over the next half-decade, XRP could soar in value.
Overview
Volatile altcoin XRP (CRYPTO: XRP) is down 70% over the past 12 months and trades for just $1. So it's perhaps no surprise that crypto analysts are rapidly downgrading their price targets for XRP.
Just one year ago, XRP seemed to be on a glide path to $10. Today, the growing consensus is that XRP could fall to zero. So, which is the more likely scenario for XRP over the next five years?
Details
One way to answer that question is to examine XRP's use cases. Right now, XRP is primarily a bridge currency for cross-border payments.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.