Prediction: XRP (Ripple) Will Be Worth This Much in 10 Years

The cryptocurrency market is currently worth $3.8 trillion. That represents a total return of 180% (or about 41% annually) during the last four years. Morningstar analysts expect the market to hit $7.8 trillion by the end of 2034, a modest estimate that implies 105% upside during the next decade.Applying that estimate to XRP (CRYPTO: XRP), which currently trades at $3, would bring its price to $6.15 by the end of that period. But XRP has typically delivered above-average gains versus the broader market. For instance, its price increased 360% in the last four years, and that trend will likely continue given its status as the third most-valuable cryptocurrency.Indeed, Geoffrey Kendrick at Standard Chartered estimates XRP could hit $12.25 in just five years, which implies a total return of 310% (or 36% annually) through 2029. My prediction is a little more cautious: I think XRP can triple to reach $9 over the next decade as adoption of stablecoin Ripple USD (CRYPTO: RLUSD) and approval of spot XRP exchange-traded funds (ETFs) boost demand for the cryptocurrency.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool