Investors holding 1,000, 3,000, and 5,000 XRP could see their portfolio grow to $500,000 if the XRP price reaches $100.
XRP continues to trade below the critical threshold of $0.50. after a decisive collapse below it on June 20. Despite periods of sharp price increases, XRP has failed to reclaim $0.50 as a result of the ongoing market collapse. This decline has also kept Bitcoin (BTC) below $65,000 since June 21.
XRP Shows Increased Accumulation
However, numerous market analysts see the prevailing downtrend as an opportunity to buy XRP at discounted prices. Notably, at the all-time high of $3.31 in January 2018, an investment of $1,000 in XRP would have bought 302 tokens.
This figure has increased significantly at the current price of $0.4791. Interestingly, if an investor now invests $1,000 in XRP, they will accumulate 2,087 tokens. This discount has led to rapid accumulation among whale addresses. Santiment confirms that investors holding between 1 million and 100 million XRP, as well as those holding at least 1 billion tokens, increased their holdings.
As of June 10, these wallets collectively held 34.26 billion XRP. However, at the time of writing, their combined balance had increased to 35.53 billion tokens. This means they have acquired 1.27 billion XRP in less than a month.
1000, 3000 and 5000 XRP denominations at $100
In addition, smaller addresses have also joined in, especially those holding between 1,000 and 10,000 tokens. accumulation campaign. This buying spree is largely driven by confidence in an impending price recovery. Market experts have forecast several price targets for such a recovery, with the bold $100 level prominently featured.
Amid current expectations, The Crypto Basic recently estimated how much certain assets would be worth at $100. The investments in focus include 1,000 XRP, 3,000 XRP, and 5,000 XRP.
For investors holding 1,000 XRP, a $100 price would dramatically increase their holdings from the current $479 to $100,000. This huge increase would mean a return on investment (ROI) of 20,766%, resulting in a profit of $99,521.
Meanwhile, those holding 3,000 XRP will see their portfolio skyrocket to $300,000 if XRP hits $100. This would represent a gain of $298,563. Additionally, investors holding 5,000 XRP will see the biggest gains if XRP hits $100, increasing their investment portfolio to $500,000.
Can XRP Reach $100?
While these valuations present enticing prospects for investors, the question is whether XRP can reach $100. XRP it would need to grow by 20,666% from its current value to reach $100. At this price, the asset’s market cap could reach $5.56 trillion, which is higher than the current capitalization of the global cryptocurrency market.
This shows that the chances of XRP reaching this price level are extremely low, although the prospect remains possible. Some market commentators have considered this possibility several times. For example, three months ago, expert Andrew Forte casually offered that XRP could reach $100 in 2037.
Interestingly, market analyst BarriC argued in April that XRP could be considered undervalued at $100 in the future. According to himXRP price between $100 and $500 in 2032-2033 will be cheap for market participants. This remains highly speculative and does not constitute investment advice.
