Versan Aljarrah, co-founder of Black Swan Capitalist, recently highlighted how a $5,000 investment in XRP today could appreciate over time.
In a tweet, Aljarrah shared a chart simulating various price scenarios for XRP against a $5,000 investment. The most optimistic projection envisions a scenario where the investment multiplies by 15x, potentially growing to nearly $80,000.
Notably, XRP is currently trading at $2.38. Based on this price, an investor could acquire approximately 2,101 XRP tokens for $5,000.
Potential Returns from a $5,000 Investment in XRP
According to Aljarrah’s projections, a 3x price increase from the current level would boost the investment to $15,000, assuming the price of XRP rises to $7.14. Notably, over the past year, XRP’s price has surged by 333%, supporting the possibility of such a move.
Aljarrah also suggested that XRP could experience a 10x rally from its current level. This would raise the token’s price to $23.80, increasing the value of a $5,000 investment to $50,000.
At a price of $23.80, XRP’s market capitalization would reach approximately $1.393 trillion. In a scenario where Ethereum does not see similar growth, especially if it remains below a $1 trillion valuation, XRP could potentially become the second-largest cryptocurrency after Bitcoin.
Interestingly, at that valuation, XRP would be more valuable than major corporations like Tesla, Berkshire Hathaway, Walmart, and JPMorgan.
However, Aljarrah’s projections do not stop at 10x. He emphasized that XRP could climb even further, possibly reaching 11x, 13x, and even 15x gains. In these hypothetical scenarios, XRP’s price would rise to around $26.18, $30.94, and $35.70, respectively.
The most ambitious projection of $35.70 would boost the $5,000 investment to approximately $75,000, yielding a $70,000 profit.
Notably, an XRP price of $35.70 would imply a market capitalization of around $2 trillion. This would bring XRP close to Bitcoin’s current market cap of $2.12 trillion. It also suggests a scenario where XRP rivals tech giants like Google and Amazon in valuation.
“That’s Not Happening”
Essentially, Aljarrah’s post outlines a range of hypothetical scenarios that could unfold if XRP’s price rises to trillion-dollar levels. However, he did not specify a timeline for when these projections might materialize.
Meanwhile, some proponents expressed skepticism about these predictions. While some laughed at them as numerical speculation, others pointed to market cap constraints as limiting factors.
Despite the skepticism, several technical analysts continue to express confidence that XRP could surpass $40 in the near future. One such analyst is South Korea’s Elliott Wave expert XForceGlobal, who previously stated he would mock those who doubted XRP’s potential to reach $20 once it eventually happens.
Meanwhile, analysts like Chad Steingraber and Rob Cunningham have used fundamental analysis to support high price targets for XRP, ranging from $15 to $75.
However, industry research from prominent firms like Bitwise suggests that it could take several years, possibly until the end of this decade, for XRP to reach prices between $12 and $30.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
