Bitcoin Milestone Could Send XRP Soaring to $50
A top investor connected the dots between Bitcoin's potential price and XRP's possible range. Ric Edelman, a financial analyst, predicts that Bitcoin will reach $500,000 by 2030. This target is based on an assumption that if everyone in the world allocates just 1% of their assets to Bitcoin, it would drive up its price to $500,000.
Edelman's forecast is not overly aggressive compared to other analysts' predictions. Some project Bitcoin to reach between $1 million and $5 million by 2035. However, Edelman's target of $500,000 by 2030 is grounded in a calculable assumption rather than speculative adoption scenarios.
Digital Asset Investor believes that if Bitcoin reaches this milestone, XRP could hit between $10 to $20. If Bitcoin climbs even higher, to $1 million or beyond, the investor sees XRP reaching $20 to $50. This represents a potential gain of up to 35.7x from its current price of $1.40.