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Following the recent ethereum price prediction report, 55 crypto and fintech experts selected by the online product comparison portal, finder.com, shared their forecasts related to the crypto asset xrp, commonly referred to as ripple. Finder’s experts believe xrp could rise to $3.81 per unit by the end of 2025 if Ripple Labs wins its lawsuit against the US Securities and Exchange Commission (SEC).
55 specialists selected by Finder have shared their predictions regarding the future value of xrps (XRP), and the experts’ forecasts are completely dependent on whether Ripple Labs wins the lawsuit against the US SEC. For example, if Ripple Labs wins the lawsuit, by 2025 XRP could jump to $3.81 per unit by the end of the year, according to the survey. However, Finder’s panelists say XRP will be worth $0.98 by 2025 if Ripple Labs loses the lawsuit, and 48% believe it could fall below $0.50 if the firm loses against the US regulator.
Dion Guillaume, the Global Head of PR and Communications at Gate.io, believes that if Ripple Labs wins the suit, it will be worth $2 by 2025 and $0.75 per XRP if Ripple Labs loses. “If given the green light, Ripple’s XRP could be listed on all the exchanges that had previously removed it,” Guillaume explained in the latest Finder’s prediction survey. “Additionally, Ripple will build back valuable partnerships like Moneygram, which will do wonders for the valuation,” Guillaume added.
If Ripple Labs loses the case, 43% of Finder’s crypto and fintech experts believe the company will simply move to another jurisdiction. 26% of panelists do not believe Ripple would switch to another jurisdiction, and 31% of experts were unsure. Sathvik Vishwanath, CEO of Unocoin Technologies, is one of the 43% who believe Ripple Labs will simply move if they lose their case with the US regulator.
“[XRP] has responded well to market-wide price action and all recent bull runs. The average price increased even in March 2022,” noted Vishwanath. The outcome of the lawsuit will play a major role in defining the future price movement of XRP. However, the coin has shown that it can still thrive despite all the bad press.”
Osom Finance CEO and co-founder Anton Altement does not believe the SEC lawsuit will have any major effect on the future price of XRP in the long term, as opposed to the short-term volatility XRP may experience from the lawsuit’s final outcome.
“While the outcome of the lawsuit has an immediate impact on the price, it shouldn’t at all. Even if they lose and are fined, they will likely be able to negotiate reasonable payment terms, Altement said. “Still, the overall bullish case is driven by the use of technology rather than transaction costs (as the SEC case ultimately is) and therefore its outcome will not lead to a make or break situation,” the Osom Finance chief said .
What do you think about the recent finder’s prediction survey discussing the future value of xrp? Let us know what you think about this topic in the comments section below.
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