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Ripple Forecast: XRP to Be Over 100 Dollars!

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A comprehensive survey of the Ripple (XRP) community shows investors are not interested in selling digital assets in the near future. However, the most striking result of the survey among the XRP community is that the majority estimate that the XRP will reach $ 100.

474 people participated in the survey conducted by XRP researcher Leonidas Hadjiloizou. According to the results, 94% of XRP investors do not intend to sell their XRPs in the long run and plan to become ideal.

More than 21% of respondents said they expect the XRP to reach $ 1,000. Given that the total maximum XRP supply is about 100 billion, the high price tag places the total market value of the money at about $ 100 trillion.

Not all Ripple traders intend to sell their XRPs

In contrast, the current gold market value is estimated to be around $ 5 trillion. According to the 2017 MarketWatch overview, each person and country in the world has the amount of fiat, that is, the world’s special wealth is 215 trillion dollars. In February, PayPal CEO Dan Schulman told CNBC that the entire cryptocurrency market would eventually rise to $ 100 trillion.

The survey also divides the participants according to their demographic characteristics. Most respondents live in the US, followed by the UK, the Netherlands, and Australia. Other important findings in this striking survey are:

  • 92.8% of the participants were men whose native language was English.
  • 72.4% of participants in social media or through a friend of XRP heard about him and said he was the owner information.
  • 48.1% of the participants invested in XRP for the first time in 2017.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.