XRP has surged 300% in the past year, reaching $2.20, sparking dreams of hitting $1,000 per coin, which could potentially make Chris Larsen a trillionaire.
Speculations suggest that if XRP reached $1,000, it could create hundreds of new millionaires and billionaires, igniting interest among investors.
Financial experts caution that achieving the $1,000 target for XRP is unrealistic, requiring a market cap of $58.4 trillion, far surpassing the combined values of gold, Apple, and Bitcoin.
While XRP faces downward pressure in the short term, long-term outlook remains uncertain with technical indicators suggesting potential upsides but emphasize caution amid volatile market scenarios.