Saylor’s $13M Bitcoin Forecast Fuels XRP $100 Prediction

Saylor's $13M Bitcoin Forecast Fuels XRP $100 Prediction Saylor's $13M Bitcoin Forecast Fuels XRP $100 Prediction
Saylor's $13M Bitcoin Forecast Fuels XRP $100 Prediction

Crypto Analyst Levi Rietveld has recently made a bold prediction, suggesting that Ripple could surge to $100, drawing parallels to statements made by MicroStrategy chairman Michael Saylor. In a CNBC interview, Saylor forecasted a future where Bitcoin could reach a staggering $13 million per token, a projection that has since shocked the crypto community.

Saylor based his Bitcoin forecast on the belief that the digital asset could eventually represent 7% of the world’s capital. He pointed out that Bitcoin’s global, non-sovereign status makes it a safe haven, free from the risks tied to government-backed currencies. He also expects Bitcoin’s annual growth rate, currently around 44%, to slow down slightly before stabilizing and delivering returns comparable to the S&P 500, with an additional 8% upside.

How did Rietveld analyze XRP price?

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Rietveld’s analysis aligns Ripple’s potential growth with this projection for Bitcoin. He explained that if Bitcoin’s market cap reaches trillion of dollars, it would likely create a ripple effect, benefiting the other key assets like Ripple. Rietveld noted that XRP plays a unique role in the market by providing liquidity and addressing gaps Bitcoin does not, which could help Ripple for a significant growth alongside Bitcoin.

Currently, XRP is valued at around $0.58, but if Bitcoin were to achieve its $13 million target, Rietveld believes XRP could climb to $100. He argued that as Bitcoin’s market share potentially hits $273 trillion, the entire crypto market, including Ripple, would see immense growth.

While Saylor predicts Bitcoin will hit $13 million by 20245, some crypto analysts believe that XRP could surpass $100 much sooner, as momentum around digital assets continues to build.

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