Financial expert Levi Rietveld has issued a strong endorsement regarding the digital asset XRP, highlighting its growth potential for the future.
Overview of Levi Rietveld's Opinion on XRP
In a recent post, Levi Rietveld pointed out that less than 0.1% of the world's population holds XRP, contrasting with Bitcoin, which is owned by approximately 1 to 1.3% of the population. He emphasized this ownership discrepancy as a sign that XRP remains in an early adoption phase compared to Bitcoin.
Projections Based on Bitcoin Adoption Levels
Rietveld outlined a hypothetical scenario in which XRP could reach a market capitalization of $17.9 trillion if it aligns with Bitcoin's level of adoption. This assumption is based on XRP's current market cap estimated at $179 billion and suggests that similar global user engagement could occur over the next decade.
Long-Term Perspective on Growth Potential
The expert's projection of a $300 valuation per XRP does not indicate a short-term outcome but rather reflects a long-term potential based on sustained adoption. Rietveld stressed the importance of individual participation in XRP before it gains broader recognition.
Levi Rietveld's perspective on XRP underscores the significant potential of this digital asset, particularly in the long run. With its low adoption rate, XRP may present an attractive opportunity for future investments.
