Ripple would reach the price, however, what I see is banks building on the platform of ripple with soft forks or hard forks. Ripple partnership with banks, translates to long run, I mean 3-5 years. Even with big announcements, coin supply factors against an increase in price jump in a short term.
By the circulating ammount of coins now 38.7billion, the marketcapital needed to be around 387billion usd. If I'm not mistaken ripple has a total of 100billion coins. In my personal oppinion impossible ...because the marketcapital should always be calculated by the ammount of existing coins.
From my point of view: never...
The coin supply is to big to hit 10$.
Ripple would reach the price, however, what I see is banks building on the platform of ripple with soft forks or hard forks. Ripple partnership with banks, translates to long run, I mean 3-5 years. Even with big announcements, coin supply factors against an increase in price jump in a short term.
By the circulating ammount of coins now 38.7billion, the marketcapital needed to be around 387billion usd. If I'm not mistaken ripple has a total of 100billion coins. In my personal oppinion impossible ...because the marketcapital should always be calculated by the ammount of existing coins.
Actually ist ripple overvalued!!!