Featured image from CryptoRank, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto Expert BarriC has raised eyebrows with his recent analysis of the XRP price, in which he stated that the crypto token could rise to $1,000. As part of his analysis, he also elaborated on why this price level is attainable and not an \u201carbitrary number\u201d he has pulled out for fun.\u00a0 When Will The XRP Price Rise To $1,000? BarriC suggested in an X (formerly Twitter) post that the XRP price will rise to $1,000 in the next five to ten years. He explained that this would happen due to the new money flowing into the crypto space during that period. Specifically, he alluded to the \u201c400 trillion dollars of personal wealth\u201d and also institutional money yet to come into crypto, which could help drive up XRP\u2019s price.\u00a0 Related Reading: $115-Million Bitcoin Whale Wakes Up From 10-Year Slumber \u2013 What\u2019s Next? To drive home his point, he drew his followers\u2019 attention to the Spot Bitcoin ETFs and how they have so far contributed to Bitcoin\u2019s bullish momentum and price surge. As such, he believes that XRP could also benefit from such institutional demand once institutions begin to show interest in other crypto ETFs like a potential XRP Spot ETF. BarriC boldly claimed that to say that XRP will not hit $1,000 \u201cis to say that the entire crypto market as a whole will never grow or evolve or that new money will not come in.\u201d He also suggested that the only way the XRP price wouldn\u2019t hit $1,000 was if Ripple somehow failed in everything they had set out to do.\u00a0 However, he believes all that is unlikely and that the crypto space and Ripple will continue to grow the same way they have since 2016, even though he admitted that people \u201caren\u2019t ready to fathom price action like a $1,000 $XRP.\u201d He added that this is the same way no one in 2016 could have fathomed Bitcoin at $74,000, but it eventually happened.\u00a0 XRP To $2,500 Is Also A Possibility Crypto analyst Egrag Crypto once raised the possibility of the XRP price hitting $2,500 by 2029 while sharing his encounter with a top banker. Egrag mentioned that the banker told him XRP would hit this price level, and he agreed. Like BarriC, Egrag claimed that the banker spoke about how ETH hitting $2,500 seemed impossible then, but it happened.\u00a0 Related Reading: ADA Price Ready To Soar As Cardano Network Hits New 88.6 Million Transaction Milestone However, XRP YouTuber Moon Lambo will have reservations about these price predictions. He once suggested that there isn\u2019t enough money in the world to drive XRP\u2019s price to four or five digits. He also noted that any new money that flows into crypto won\u2019t only go into the XRP ecosystem. As such, one can\u2019t base such an ambitious price prediction solely on money that has yet to come into crypto.\u00a0 At the time of writing, the XRP price is trading at around $0.60, up in the last 24 hours according to data from CoinMarketCap. XRP price sitting at $0.6 | Source: XRPUSD on Tradingview.com Featured image from CryptoRank, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":602030,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-602004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n
Expert Maps Out Timeline For The XRP Price To Cross $1,000<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n