Although XRP is consistently routing the opposite direction of the community’s potential expectation, Ripple army is betting high on the value of the third-largest cryptocurrency, again. One of the members of Ripple (XRP) community claims that XRP will hit $1 by the end of the September, this very month.
On the one hand, the crypto community is worried about the plummeting value of the leading cryptocurrencies despite the most-anticipated bitcoin futures contract trading launch on Monday; there’s XRP enthusiast who broke out a tweet, predicting XRP at $1 by the end of September.
However, it remains unclear how well the prediction can turn out to be true – looking at the tough times that XRP cryptocurrency is currently enduring.
However, at the press time, XRP is trading with the tumbling value of $0.27 against USD. The coin is currently capturing the market capitalization of $11,907,189,531, which experienced a decline of 1.24% within the past 24 Hrs. Although high prediction looks pretty cool for potential cryptocurrencies but given the current waning XRP market volume, the prediction of $1 by the end of Sept is hard to believe.
Interestingly, this XRP enthusiast who goes by Twitter handle, XRPBitcoin is the same pseudonym who earlier predicted XRP at $7. It’s just four days ago when XRPBitcoin tweeted XRP at $7 prediction which amassed overwhelming response, but the community’s response is underwhelming to his latest forecast of XRP at $1 within a week.
On the other side of the coin, parent company Ripple recently celebrated its 7th anniversary and is soon to host its yearly conference Swell 2019 in Singapore. Besides, the San-Francisco based Ripple is onboarding new banking partners and financial entities to its network regularly and widening its reach.
In fact, as per a well-known XRP community member Steve, Ripple is currently counting 220 customers in its network. Unfortunately, nothing seems exciting the XRP market since the beginning of 2019.
In a nutshell, the price of native cryptocurrency of Ripple, XRP, has remained under $0.30 figure for a long time; however, the community is quite sceptical that Ripple’s Swell 2019 might bring a significant boost to the XRP market and push its value to new ATH (All time high) of the year.