TL;DR
- XRP’s price has been volatile due to Ripple’s ongoing legal battle with the SEC, with recent highs around $0.85 and later $0.55.
- Analysts provide varied future predictions for XRP: EGRAG CRYPTO at $27, Oaksacorn at $43, and Collin Brown at $10 if Ripple pursues an IPO.
- Shannon Thorp’s extreme forecast suggests a potential rise to $500 for XRP, a significant leap from the industry’s current market capitalization.
Some Shocking XRP Forecasts
The native token of Ripple – XRP – has experienced enhanced volatility in the past several months due to the constant developments surrounding the legal battle between the crypto firm and the United States Securities and Exchange Commission (SEC).
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