Should You Buy XRP (Ripple) While It's Under $2.50? A Wall Street Analyst Says It Could Soar 150%
XRP (CRYPTO: XRP) has advanced 13% year to date. It currently trades at $2.30 and has a market value of $135 billion as of June 10. But at least one Wall Street analyst thinks the cryptocurrency will be worth much more in three years.Geoff Kendrick at Standard Chartered recently predicted XRP would overtake Ethereum by 2028. To put that in context, Ethereum currently has a market value of $335 billion, so XRP must increase nearly 150% to reach the same level. That would bring its price to $5.70.Here's what investors should know.Continue reading
XRP (CRYPTO: XRP) has advanced 13% year to date. It currently trades at $2.30 and has a market value of $135 billion as of June 10. But at least one Wall Street analyst thinks the cryptocurrency will be worth much more in three years.
Geoff Kendrick at Standard Chartered recently predicted XRP would overtake Ethereum by 2028. To put that in context, Ethereum currently has a market value of $335 billion, so XRP must increase nearly 150% to reach the same level. That would bring its price to $5.70.
Here's what investors should know.
