In the latest episode of BitBoy Crypto, the cryptocurrency-focused YouTube channel, host AJ from the Price Prediction Department made some pretty remarkable predictions for XRP. AJ thinks that XRP will experience a tremendous surge towards the bull run in 2025.
Ripple, the company behind XRP, recently successfully won its legal battle against the US regulator, the SEC. After this development, XRP experienced a huge price increase. This has made XRP investors and some analysts more optimistic in terms of price. In light of these developments, AJ focused on the tokenomic and technological foundations of XRP to analyze the potential trajectory for XRP.
He highlighted that AJ XRP was launched in 2012 with 100 billion pre-mined tokens. In addition, he drew attention to Ripple’s escrow program. According to this program, implemented by Ripple in December 2017, 55 billion XRP was locked in the escrow system, with 1 billion of them being released every month for 55 months. AJ stated that Ripple has turned to an inflationary model thanks to this program.
Considering this system, AJ made some mathematical calculations for the number of tokens. According to AJ, approximately 5.84 billion new XRP tokens will enter circulation between November and December 2025, resulting in a circulating supply of approximately 58.39 billion. During the analysis, AJ recalled that XRP hit an all-time high on January 4, 2018, with a supply of just over 38.7 billion and an impressive market cap of over $130 billion.
Turning to today, AJ highlighted that XRP is trading around $0.74, the circulating supply is just over 52.5 billion, and its market cap is $39.2 billion. AJ stated that for XRP to regain its previous high market cap, it would need to surpass $130 billion.
XRP Price Predictions
Based on these numbers, AJ presented his bullish forecast for XRP, noting that if it regains its all-time high market cap, XRP will have a price of around $2.23 per token, which could translate into an impressive 183% increase from its current value. But that’s just the price it will reach when it hits the previous peak market value. AJ took this estimate a little further and offered an estimate of $6 to $11 in XRP that would require market caps ranging from $350 billion to over $642 billion:
“I believe XRP can surpass its all-time high market cap in 2018. (…) Someone asked me, ‘AJ, what is your price prediction for XRP for the peak of the next bull run?’ I’ll tell you it’s somewhere between $6 and $11.”
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Source : the crypto basic