Will XRP Hit $5? 3 Things That Could Make It Happen by 2027
XRP's (CRYPTO: XRP) recent price is about $2.55, but during the next couple of years, there's a real chance that it could roughly double to reach $5 or higher.But for that to occur, three things in particular need to happen. Let's examine each so that you can decide whether to invest as these issues play out.Ripple, the business that issues XRP, is also responsible for building features and platforms that the XRP Ledger can offer to the chain's target users. Those target users are institutional investors and international banks that need to do a lot of money transfers across borders. Generally speaking, for a cryptocurrency like XRP to offer value to its organizations, it needs it to solve pain points. If it can solve pain points and make it more convenient to do core tasks as well, it's a big bonus, and that's what Ripple envisions for XRP.Continue reading
XRP's (CRYPTO: XRP) recent price is about $2.55, but during the next couple of years, there's a real chance that it could roughly double to reach $5 or higher.
But for that to occur, three things in particular need to happen. Let's examine each so that you can decide whether to invest as these issues play out.
Ripple, the business that issues XRP, is also responsible for building features and platforms that the XRP Ledger can offer to the chain's target users. Those target users are institutional investors and international banks that need to do a lot of money transfers across borders. Generally speaking, for a cryptocurrency like XRP to offer value to its organizations, it needs it to solve pain points. If it can solve pain points and make it more convenient to do core tasks as well, it's a big bonus, and that's what Ripple envisions for XRP.
