Expert Panel Sees $XRP Price Hit $2.55 by Year End
– A panel of cryptocurrency industry experts has predicted that the price of $XRP will hit $2.55 by the end of the year, and sees it go as high as $3.61 by the end of 2025, and $4.98 by the end of 2030.
– The panels prediction is based on Ripple having a positive outcome in its case against the U.S. Securities and Exchange Commission (SEC).
– Should Ripple lose, the panel sees XRPs value drop to $0.68.
– The expert added he believes that the underlying technology is terrific but the token itself does not currently have a use, it simply attracts speculators because the token price itself is cheap.
– Notably, 23% of the experts recommended buying XRP now, while 45% recommended investors should hold onto what they currently have. 32% said its time to cut their losses and divest of their holdings.
