XRP's $500 Billion Milestone: A Price Target of $7
EGRAG Crypto, a well-known cryptocurrency analyst, has made a prediction about XRP's price if its market capitalization reaches $500 billion by June 2029. According to EGRAG Crypto, the token's future price will depend on changes in its circulating supply.
The analyst calculated that if XRP's market value climbs to $500 billion by mid-2029, the coin could price near $7 per token once future supply changes are taken into account.
EGRAG Crypto considered scenarios based on both current and projected supply figures. Currently, XRP has an estimated circulating supply of 62.74 billion tokens.