The XRP coin was created by RippleLabs as a universal intermediary in money transfers and fiat currency exchange. XRP coin supply is controlled by RippleLabs. XRP cannot be mined, the developers refused the idea of mining and issued 100 billion XRP coins. There is no additional emission of XRP coins. This cryptocurrency is not decentralized, but it has its advantages. At the moment, Ripple offers a quite easy and cheap way to exchange any currency, and the internal XRP cryptocurrency is involved in each transaction. Due to this, the liquidity of this crypto and its market price increase.

XRP statistics

Here is the XRP crypto statistics from the CoinMarketCap service:

XRP Price Prediction

We would like to check several crypto sources and review forecasts of the XRP price below:

The first XRP price prediction is from TradingBeasts. It says that the XRP price will be the following:

Crypto community about XRP

What do crypto enthusiasts think about the XRP price? We will give a few examples below.

The founder of Gokhshtein Media, David Gokhshtein, expressed his regrets about the price of XRP and tweeted on June 23, 2020: “$XRP shouldn’t be this low. Not with what they have to offer.”

In addition, the cryptocurrency investor and YouTube blogger, Alex Cobb confirmed that he also believes in Ripple: “F*ck loads of XRP was moved around right after this, and price is breaking resistance, community doesn’t seem to like it but idgaf I’m holding indefinitely. This is the future of banking”

XRP fans from the crypto community also have their opinion on the XRP price. For example, XRP believer and analyst @DejuanLeeMartin recently posted on Twitter: “If #xrp performs just %10 as well as it did in 2017-2018 the price will be $12 from today’s pricethink about that my friends#xrpcommmunity @Kevin_Cage_ @mrlevelup”. One more XRP fan @xrp_phoenix replied on Twitter to the question “How about Ripple DISRUPTING the low price of XRP and move it on up?????” : “Yeah, disrupt that price@Ripple XRP should've been at $10 min by the end of last year”.

In the end, we can see that Ripple still has strong support in the crypto community. Undoubtedly, the price of XRP can fluctuate in 2022, but work on XRP does not stop and the coin can show a fairly good result by the end of the year.

Ripple Price Prediction 2024

In 2024, Bitcoin Cash (BCH) forecasts vary widely. Some analysts anticipate a positive trend, predicting an average trading price around $485.30, while others estimate a range between $173 and $586.58. For Ripple (XRP), predictions suggest a possible price of $0.6242 by 2024, with a minimum of $0.5599. A more bullish perspective estimates XRP could reach between $0.85 and $0.88. However, it's important to consider multiple sources and market conditions when making investment decisions.

Thank you for your attention to this topic. SimpleSwap would like to remind you that this article has informational purposes only and does not provide advice on investment. You are the only one responsible for making investment decisions.

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