XRP's Aggressive Target: Can It Reach $5 by December?

The XRP price has been stuck in a narrow range between $0.99 and $1.00 this week, down about 47% from its start-of-year value.

Despite this, some are predicting that XRP could reach as high as $5 by the end of October, with one influencer claiming it has a good chance of hitting this target before the deadline.

To put this in perspective, for XRP to reach $5, its market capitalization would need to climb to around $313 billion, roughly five times its current value of $62.3 billion.

This is a significant hurdle, as even if XRP were able to rally by 405% from its current price of $0.99, it would still only be worth about $251 billion more than its current market cap.