We recently reported that some pretty sci-fi forecasts regarding Ripple’s digital asset pricing are out, making waves.
A recent theory has been reportedly published on TheIndependentRepublic.com, says UToday.
It claims that Ripple’s market cap could hit around $27 trillion and XRP could be boosted by about 2,000%.
UToday discussed the details that this suggestion is based on and they claimed that such a high number would be possible only if Ripple becomes the choice of all the cross-border payments that are being made by all the financial institutions.
Ripple unlocks 1 billion XRP
Oracle Times reported that Ripple just unlocked a vast amount of XRP from their escrow wallets. The San Francisco-based company sent the fund to a separate unknown wallet.
“The $1 billion XRP transfer is worth about $302 million, The Daily Hodl notes, and the operation cost under one penny. It was also completed in just a few seconds,” the online publication writes.
This transaction looks quite similar to some other ones that Ripple has been sending lately.
The weird thing about it is that there’s a strange message that was attached to it. It says: “Crawl…Walk…Run… ;)”
Ripple sold a record-breaking amount of their digital asset back in 2018 which reached about $535 million.
“In Q4, we saw an overall settling of XRP volatility compared to quarters’ past. XRP’s volatility of daily returns was 5 percent – the lowest quarterly average since Q4 2016. Conversely, we saw the average daily volume for XRP increase substantially. The average XRP daily volume was $595.7M – the highest quarterly average since Q1 2018,” Ripple notes.
Both Ripple and their digital asset XRP have been making waves in the crypto space throughout the bearish 2018.
It seems that they’re maintaining this trend because the company and XRP are in the spotlight again with various price predictions, accusations and most importantly, tons of great achievements.