Can ripple ever be worth as much as bitcoin?

Karlee Shanahan asked a question: Can ripple ever be worth as much as bitcoin?
Asked By: Karlee Shanahan
Date created: Tue, Mar 2, 2021 1:01 PM
Date updated: Tue, Sep 27, 2022 6:44 PM


Top best answers to the question «Can ripple ever be worth as much as bitcoin»

Given that a single bitcoin is worth upwards of $7,000 at the time of writing, you'd be forgiven for wondering just how this is possible… Ripple is currently worth just $0.410746 which is certainly a world away from Bitcoin, but its total market cap is an impressive $16,142,261,452.

9 other answers

Experts Say Yes. A lot of people made a lot of money out of Bitcoin. Most of them invested in the early stages many years ago and sold recently near the top. Industry experts are predicting the next big thing may not be Bitcoin but Ripple.

Wallet Investor expects Ripple to be worth anywhere between $0.934 and $1.547 by the end of 2021. Previsioni Bitcoin believes Ripple will hit $2.20308 before 2021 is over. Long Forecast’s disappointing prediction continues into

Will Ripple (XRP) Ever Be As Big As Bitcoin? By Prashant Jha Ripple is being touted as the next big thing in the cryptocurrency realm and even though the price of XRP token is nowhere near that of Bitcoin, people, investors, and crypto enthusiast are all in agreement that the Ripple is the next big thing in the crypto space.

It means that if Bitcoin or altcoins will grow, then Ripple is likely to reach the previous all-time high point of $3.84. This is a very optimistic scenario. If the SEC wins the lawsuit, the XRP price can fall down to a couple of cents

Too many xrp tokens. Btc is worth that much in part of its “small” supply of 21 million tokens. If ripple ever got as big as BTC right now it would only be worth around 7 USD.

Ripple's goals are different from Bitcoin's though, so don't think of Ripple as becoming "the next Bitcoin". Bitcoin is still (as it always has been) the number one cryptocurrency. I believe that Bitcoin is more suited as a store of value rather than a payment system though, in a similar way to Gold or Silver.

For XRP to be worth a $100 in future it should earn about 100,000,000,000 x $ 100 = $10,000,000,000,000 capital. That’s $10 Trillion (Bitcoin’s current market cap is $213 billion). At the moment, no company has reached the market cap of even $1 trillion with Amazon, Google and Apple being race leaders.

The Ripple system scores better than the bitcoin network for its lower processing times and lower transaction charges.

So 1 XRP could be worth at least $200. Here's why : Let's compare it to GOLD & bitcoin : As you know gold is not very convinient (it's heavy , you can't pay with it) , but still , its market cap is over $7.5 trillion (ripple market cap is now 10 billion = $0.01 trillion) .

Your Answer