By Nathan Ferguson
A win or settlement of the conflict with SEC can see XRP exploring the $2.55 value area by December 2022. These forecasts come from panelists amid the latest XRP prediction report by Finder.com.
Market players can expect any outcome from the lasting Ripple vs. SEC battles. Finder’s financial experts trust XRP losing the case will see the remittance token around $0.68 by this year’s end. Carol Alexander, University of Sussex’s finance professor, issued her prediction from the panel’s average. She sees XRP at $2.50 following a win or $0.50 if Ripple loses the lawsuit.
Ripple is somewhat different from other cryptocurrencies, and winning the SEC battle can see the cross-border transaction token replacing SWIFT.
Ripple vs. SEC
Coinflip founder Daniel Polotsky isn’t that bullish on XRP. He believes XRP could be worth around $0.90 even with winning the case. That means a slight increase from the current price. While publishing this content, the remittance token traded at $0.6447.
Polotsky believes the XRP token doesn’t have anything more proprietary than its peers to authorize its somewhat large market capitalization. He added that the project might have a highly inflated interest as retail investors ignore the alt’s market cap and consider its unit price (below $1) while thinking its price will grow quicker than peers due to the lower prices. Coinflip’s CEO termed this a marketing trick, and the token’s price will reflect the fundamentals’ absence as the market matures.
Meanwhile, the panel is optimistic for long-term forecasts, placing XRP at $3.61 by 2025 before exploring the value area of $4.98 in 2030. Nevertheless, five of Finder’s panelists (14) see XRP hovering below $1 by 2025.
Not Everybody is Bullish
Finder’s crypto editor Keegan Francis thinks the remittance token will stay around $0.50 by 2025 and just $0.10 by 2030-end. He trusts that the Ripple project will eventually fail as more projects outcompete it by improving the asset offerings. Also, Mathew Harry of DigitalX acknowledges that XRP would lose all its value with time. Harry believes the token has nothing other than attracting speculators because of its low price.
45% of Finder’s panelists suggest you hold, 32% believe in selling your XRP, while 23% advise a buy.