XRP’s High-Flying Price Targets Face Reality Check

XRP is struggling to reach the ambitious price targets of $100, facing significant hurdles that analysts believe will hinder its growth. While some Ripple supporters envision this milestone, market realities and technical constraints cast doubt on its feasibility. The high supply of 58 billion XRP currently limits market capitalization, posing a major obstacle to achieving such astronomical figures. This contrasts with Bitcoin’s current valuation of $1.8 trillion which is significantly smaller.