Amelie (@_Crypto_Barbie), a prominent figure in the digital asset space, has drawn attention to a projection from asset manager WisdomTree stating that XRP needs to rise approximately 14 times in price to overtake Bitcoin in market capitalization.
WisdomTree's XRP Forecast
WisdomTree's estimate suggests that for XRP to match Bitcoin's market capitalization, it must reach a price of $34.86, which represents a 14x increase from current levels.
Community Reaction to the Forecast
Responses from the cryptocurrency community reflect a mix of skepticism and optimism, with some considering the projection ambitious but achievable, noting that significant price movements are not uncommon in crypto markets.
XRP's Path to Bitcoin
XRP has outperformed expectations in recent months, aiming to surpass Ethereum in market capitalization. Analysts believe XRP may achieve prices well above $34.86 if market conditions allow.
The analysis suggests that under current market conditions, XRP holds potential for significant growth, making anticipated changes in its market capitalization a point of keen interest.
