Is XRP Undervalued? New Model Suggests Fair Value of $3,541
- Pipeline Flow Model sees XRP’s fair value at $3,541 amid global adoption potential.
- Legal hurdles and price suppression may have held XRP back from its fair value.
- XRP’s future value could skyrocket if FX adoption drives transaction volume growth.
XRP enthusiasts often say the token is undervalued. It is currently trading at $0.5126, but the Pipeline Flow Model, developed by Dr. Deon Bakkes, suggests a fair value for XRP of $3,541. This model combines economic and ecological concepts to estimate XRP’s potential market value, a figure that seems much higher than its current price.
The model looks at XRP’s role in global financial systems and considers possible price suppression factors, like legal battles and periodic sales by Ripple, which may have hurt its market performance.
Factors Behind Alleged Price Suppression
In 2017, XRP’s price increased by 60,000%, reaching a high of $3.31. But since then, its performance has lagged. Some people think price suppression is to blame. Ripple’s regular sales of XRP have been a focus, but the company denies these claims.
The long-running legal fight between Ripple and the SEC has also contributed to thi…
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XRP Jumps as Bulls Push Through Key Resistance Levels
Is XRP Undervalued? New Model Suggests Fair Value of $3,541
- Pipeline Flow Model sees XRP’s fair value at $3,541 amid global adoption potential.
- Legal hurdles and price suppression may have held XRP back from its fair value.
- XRP’s future value could skyrocket if FX adoption drives transaction volume growth.
XRP enthusiasts often say the token is undervalued. It is currently trading at $0.5126, but the Pipeline Flow Model, developed by Dr. Deon Bakkes, suggests a fair value for XRP of $3,541. This model combines economic and ecological concepts to estimate XRP’s potential market value, a figure that seems much higher than its current price.
The model looks at XRP’s role in global financial systems and considers possible price suppression factors, like legal battles and periodic sales by Ripple, which may have hurt its market performance.
Factors Behind Alleged Price Suppression
In 2017, XRP’s price increased by 60,000%, reaching a high of $3.31. But since then, its performance has lagged. Some people think price suppression is to blame. Ripple’s regular sales of XRP have been a focus, but the company denies these claims.
The long-running legal fight between Ripple and the SEC has also contributed to thi…
The post Is XRP Undervalued? New Model Suggests Fair Value of $3,541 appeared first on Coin Edition.
Read More