In a recent Finder survey, 36 fintech experts were asked what would happen to the altcoin price if the Ripple company were successful against the SEC. According to findings from participating panelists, Ripple could jump to $2.55 per unit by December 2022. But the prediction is based on whether Ripple Labs wins or decides the case with the SEC.
36 panelists predict how the case will affect the XRP price
In this week’s Finder report, experts predict that the XRP price could reach $2.55 by December 2022. The panelist’s estimates say that XRP could be worth $3.61 by 2025 and $4.98 by 2030. About 23% of experts said it’s time to buy Ripple, 45% said people should hold it, and 32% of 36 respondents said people should buy it. However, most of the predictions depend entirely on whether or not Ripple Labs settles the case with the SEC. Study participants say that if Ripple Labs loses the case, XRP could change hands by December 2022 for $0.68 per unit.
Some experts predict that Ripple could “replace SWIFT”
University of Sussex finance professor Carol Alexander said the price of XRP would be $2, if Ripple wins. He predicted it could reach $50, but drop to $0.50 if the company loses:
It’s unlike any other crypto. If it wins against the SEC, it will really replace SWIFT.
Alexander. While some panelists like Alexander said that XRP could replace SWIFT, other participants were not so optimistic about the future value of XRP.
Digitalx Asset Management fund head Matthew Harry says:
XRP is worthless for anything but speculation. The underlying technology is terrific, but the token itself currently has no use, attracting speculators as it has a cheap and easily digestible value boost.
Experts emphasize that they believe in the altcoin project
According to the expert estimates we quoted as Kriptokoin.com, the XRP price may be about $ 3.61 at the end of 2025 and about $ 4.98 at the end of 2030. However, 14 experts say that by 2025 XRP will be under $1. Coinflip founder and chairman Daniel Polotsky noted that even if Ripple Labs wins the SEC lawsuit, his estimate is around $0.90 per unit. Polotsky states in the report:
I believe XRP offers nothing proprietary compared to its peers to justify its relatively large market cap. I think the project is getting a lot of attention as individual investors ignore the market cap and look at the unit price (under $1) and mistakenly think it will grow much faster because it’s ‘too cheap’.