Cryptocurrency Q&A
Is XRP designed to be $10,000?
Is XRP designed to be $10,000?
Federico
Wed Mar 27 2024
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7 answers
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So, is XRP really designed to reach $10,000? I've heard a lot of talk about its potential, but I'm still not entirely sure how realistic that goal is. Given the volatile nature of the cryptocurrency market, isn't it a bit optimistic to expect such a significant increase in value? And even if it does reach that level, what factors would drive it there? Would it be due to increased adoption, technological advancements, or maybe some other external factors? I'm just curious to understand the logic behind this prediction and how likely it really is to happen.
7 answers
SumoPowerful
Fri Mar 29 2024
Divisibility Matters: The initial glance at a price of $0.31 might lead one to believe that the divisibility offered is excessive.
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Valentina
Fri Mar 29 2024
Such a low transaction cost makes it highly feasible for XRP to be used in everyday transactions.
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NebulaNavigator
Fri Mar 29 2024
However, when considering a higher value like $10,000 per XRP, the divisibility becomes crucial.
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Leonardo
Fri Mar 29 2024
This high value does not mean transactions become prohibitively expensive.
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Valentina
Fri Mar 29 2024
Even at $10,000 per XRP, the cost of a transaction would only amount to $0.10.
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