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HomeCrypto NewsMarket'XRP Won’t Teleport to $500,' Analyst Shares Realistic Price Target

‘XRP Won’t Teleport to $500,’ Analyst Shares Realistic Price Target

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Crypto commentator Crypto Bitlord has once again stirred the XRP community with another aggressive price outlook.

This time, he envisions a world where XRP instantly “teleports” to $500 per coin, reshaping global finance.

XRP Teleporting to $500

In his post, Bitlord imagined a scenario where the U.S. administration uses “the premine to pay off the $35 trillion U.S. national debt.”

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His statement suggests a speculative scenario in which the U.S. government leverages XRP tokens held in escrow to neutralize its debt, where the price of one XRP reaches $500 per token.

Meanwhile, Bitlord envisions this scenario playing out with “early holders becoming upper-class elite humanoids,” referring to the immense wealth that could result from XRP’s hypothetical $500 price.

Indeed, a $500 XRP would mean a fortune for holders. Specifically, even retail investors with just 1,000 XRP would find themselves sitting on a $500,000 fortune.

Bitlord also sees this development as significant enough to help the U.S. government offset its debt.

For context, Ripple holds around 35 billion XRP in escrow, which would amount to $17.5 trillion at $500 per XRP. While this may not eliminate the U.S. debt, which currently sits at $38 trillion, the speculative figure is enormous enough to make a dent in the national deficit.

Interestingly, Bitlord is not the first to make this proposition. Last week, a prominent U.S. TV commentator made a similar argument, suggesting the U.S. government could leverage XRP to overcome its debt. 

In their case, they proposed that the government deploy $1 trillion into the XRP market to push prices higher dramatically, then sell to realize profits, bring the price down, and buy back in to send it soaring again—repeating the cycle until enough profit is made to pay off the debt.

While Bitlord’s statement was clearly hyperbolic, it sparked discussion across the XRP community about how high XRP could realistically go in the next bull cycle.

No, “$13–$27 Is Realistic”

Responding to Bitlord’s post, technical analyst ChartNerd stated XRP will not teleport to $500. In his view, a realistic outlook for XRP this cycle could see it “teleport” to between $13 and $27.

This range also aligns with several community estimates, including prior discussions sparked by Bitlord’s earlier $21 target prediction. However, some market participants do not consider ChartNerd’s $13–$27 price range realistic.

“Understand market caps before posting this,” said X user PythiaCrypto. Others have called Bitlord’s earlier $21 target “a meme price” or “a myth,” saying it is too ambitious for the current market cycle.

$27 Price Is Even Conservative

Interestingly, X user @man_like_manley believes ChartNerd’s $13–$27 outlook is even conservative.

He suggested that the estimate probably overlooks the billions of dollars that could flow in from ETFs this year, as well as the XRP locked up in treasury funds and liquidity pools over the coming months.

ChartNerd maintained his outlook. He argued that massive inflows from ETFs and treasury buybacks would make the $27 price target far more realistic than the $500 fantasy Bitlord proposed.

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.

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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