The XRP community is buzzing with excitement and conjecture, pondering the possibility of the price of
XRP will soon reach $130
In April 2020, Schwartz commented on an extraordinary 1.871% rise in Liberty Tripadvisor Class B (LTRPB) shares on the traditional stock market.
Ultimately, it went from $4.51 on April 14 to $130 on April 15. He said he wished he had kept some of it. This increase was notable due to the generally low volatility of traditional stocks.
At the time, Schwartz was talking about what happened with that other thing, LTRPB. But some people in the XRP community started thinking, “Hey, maybe XRP could reach $130 too.
XRP Captain, April 2024 could be the perfect time for XRP to reach the $130 target
Fast forward to today, and the speculation has gained new momentum. A pseudonymous community member, XRP Captain, has put forward an intriguing theory.
He suggested that April 2024 could be the right time for XRP to reach the $130 mark. This projection is based on the reconciliation of data regarding the Ripple vs. SEC lawsuit and Bitcoin’s next halving expected on April 25, 2024.
Judge Analisa Torres presides over the SEC vs. Ripple case for, and recently set a trial date for April 23, 2024, with the final pretrial conference scheduled for April 16, 2024.
XRP Captain thinks this might be the right time for XRP to reach that $130 price when these events happen. But many people are not sure if this can happen so quickly.
Currently, XRP is trading around $0.5262. For the price to reach $130 in April 2024, the price would therefore have to rise by as much as 24,605%. That’s a big jump and would make XRP worth $6.9 trillion, more than six times the total value of all cryptocurrencies today.