XRP made a high aound $ 3.20 in the first week of January. It was the highest gainer among all cryptocurrencies in 2017. People who got in at half a cent were among the lucky few to reap rich rewards. I myself don’t regret my entry at all. My entry was around 20 cents. When I heard about Ripple and XRP, I instantly became a fan. Although my first investment in cryptocurrencies is IOTA, I am a bigger fan of XRP. MY IOTA holdings have dwindled over time.
Although I must confess that my understanding of XRP was synonymous with Ripple, it is actually not the case. Ripple and XRP are different. XRP ledger will be there even if Ripple the company fails.
What is XRP headed for in the immediate future? In this year, I see XRP in the range of 10-15$. That will give it a marketcap of 400 billion dollars. I believe that market cap is a distorted metric for crypto valuations. So there goes. 400 billion..5000 billion doesn matter! What is XRP headed to achieve in the next 5 years matters more. XRP is a visionary in this field and it has caused disruption of a multi decade old banking industry. By the time, XRP is done capturing the world, we might see XRP in the high Triple digits. That's my vision for what XRP might achieve!