Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP’s price has stabilized after its recent crash and is now making a slow recoveryto $2.50 with early signs of renewed strength. The cryptocurrency is now under close observationby traders waiting for the next decisive move. One such observation is an ambitious forecast that has surfaced online, projecting an astronomical rally for XRP.
A crypto commentator known as Remi Relief shared a post on the social media platform X, using artificial intelligence to support his claim that XRP could reach as high as $1,700 if it repeats its explosive run from 2017 to 2018. The Analyst’s AI-Backed Projection
In his post,Remi Relief revisited XRP’s 2017 rally, noting that the token had surged by about 76,000% rather than the commonly cited 64,000%. He explained that if XRP were to replicate that same level of growth in the current market cycle, its price could reach around $1,700. Related Reading Analyst Predicts XRP Price Will Hit $1,200 With 50,000% Run Driven By These Factors 2 days ago
The image attached to his post, which appears to be an interaction with Grok 3, an artificial intelligence tool, illustrated this calculation by adjusting previous errors in the percentage increase.
According to the AI’s analysis, XRP’s 2017 rise from $0.005 to $3.84 represented an actual gain of about 76,700%. When this growth rate is applied to XRP’s present market value, the resulting projection points to an estimated price of $1,697.27, rather than the previously calculated figure of $1,414.40.
Grok concluded that although earlier projections contained mathematical inaccuracies, the underlying argument that XRP remains capable of another extraordinary price expansion fits within the speculative nature of crypto price projections.
Taking this correction into account, Remi Relief revised his earlier outlook, abandoning his initial $1,200 target and adopting the higher $1,700 estimate as a more accurate reflection of what a repeat of XRP’s 2017 to 2018 rally could achieve for its current price. The Fine Line Between Optimism And Reality
The crypto market that witnessed XRP’s rise in 2017 was an entirely different onefrom what exists today. Back then, the industry was still in its experimental phase, and investments were mostly due to hype and unregulated enthusiasm. Related Reading The XRP Price Roadmap To $8: How An Over 50% Bounce Could Materialize 4 days ago
Retail investors poured in with little resistance, and even small inflows had an outsized effect on token prices because overall liquidity and capitalization were relatively low. Particularly, XRP’s 76,000% rally occurred in an environment where total crypto market capitalization was under $1 trillion.
To replicate that same magnitudeof rally now, XRP would need capital inflows on a scale that is greater than anything the crypto market has ever witnessed. An XRP price of $1,700, given its current circulating supply of around 59.97 billion tokens, would translate to a market cap exceeding $101 trillion. This is an astronomical figure that surpasses the combined value of the entire world’s GDP.
At the time of writing, XRP is trading at $2.47, up by 5.9% in the past 24 hours. XRP trading at $2.47 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com