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XRP Likely Price If Altcoin Surges 50x According to This Prediction
In a recent statement, Carl Runefelt, also known as Carl Moon, sparked widespread debate within the cryptocurrency community. He urged his 1.5 million followers to invest in altcoins immediately, stating that this asset class is poised for an unprecedented 50-fold increase in value. While some investors have welcomed the prospect of substantial returns, others have questioned the feasibility of such dramatic price growth across the board.
To gain a deeper understanding of what a 50x surge would mean for XRP’s valuation, we consulted with cryptocurrency analyst and influencer Jake Gagain. Based on his estimates, assuming the current trading value of $2.13 per XRP token remains constant, a 50-fold increase would propel the asset to $106.50.
This astonishing forecast would represent an all-time high for XRP, significantly surpassing its previous peak of $3.84. If XRP’s circulating supply stays constant at approximately 59 billion tokens, this valuation would place the asset’s market capitalization at around $6.28 trillion. This staggering figure would far exceed the combined market value of most companies and financial institutions worldwide.
Gagain also provided projections for other major cryptocurrencies, assuming the same 50x increase. According to his estimates, Ethereum (ETH) would reach an astonishing $122,350 per token, Binance Coin (BNB) could rise to $32,266, Solana (SOL) would be valued at $7,100, and Cardano’s (ADA) market capitalization might climb to $27.50.
After sharing these figures, Gagain expressed skepticism about the likelihood of such dramatic growth, questioning the assumptions behind Runefelt’s predictions, suggesting that these numbers may not reflect realistic market conditions.
Source: timestabloid.com
