Founder of Sound Alive Records and Eric Finnerud (E. Smitty) Ripple price prediction shared. The CEO believes that the $XRP price will “reach 5-digits and even beyond.” He also shared his belief that the price could make a big boom in the future.
$XRP won’t hit $1000 it will hit 5 digits and beyond!!! $XRP is the standard!!!
— E. Smitty $XRP $HBAR $LCX $ALGO Family!!! (@THEREALESMITTY) October 19, 2022
Some of the people who responded to E. Smitty objected, stating that this estimate was not realistic. XRPAlthough it is very difficult for Turkey to reach five-digit prices at the moment, there are also those who believe that possibilities are always possible.
Some users mockingly stated that the estimate could be 1000 years later. Users who approach the job technically stated that this prediction will be valid if there is a very large XRP burn.
As Koinfinans.com previously reported, the musician announced that he used XRP to pay royalties. Besides royalties, the master also accepts XRP payments for production and marketing.
E. Smitty has been described as an ‘XRP bull’ for some time now. The musician reiterates that he has a great passion, although he has been involved in this field for a short time. E. Smitty, who recently distributed tokens to his followers, attracted attention with this move.
What Are Analysts Saying for XRP Price?
A few analysts XRP priceAlthough there was a rising feeling in the market, such wild predictions did not come, of course. An analyst made an estimate based on the ongoing Ripple-SEC lawsuit, but his estimate was limited to a 100% increase.
The parties’ request for a summary decision in the case had created a rise in the XRP price. In the lawsuit, which began in 2020, a lawsuit was filed against Ripple for the sale of 1.3 billion dollars in securities. Two employees were also involved in this case and the transactions were described as unregistered. Ripple, on the other hand, does not accept these ‘securities’ claims. There are chances of a drastic increase as Ripple’s victory could come as a shock to the supply of XRP. However, the fact that this shock has risen at this rate is a bit of an ambitious estimation.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.