Ripple’s Potential: What Happens if Trump Adds XRP to the US Treasury?

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TL:DR;

  • XRP received a massive regulatory boost after Trump’s election victory, and the landscape is also expected to get better during his upcoming administration.
  • With some notable reports on the matter of Ripple’s potential prioritization under the new government, the question arises of what could happen to the token’s price.

XRP’s Potential Under Trump

As an analyst, I’ve noticed a significant spike in Ripple’s cross-border token following the U.S. elections. This surge can be attributed to the anticipated shift in government policies, particularly in the leadership of the Securities and Exchange Commission (SEC). Remarkably, this asset has recently reached its 2018 peak of $3.4, marking a staggering 460% increase since early November when it was trading below $0.6.

As a researcher, I’ve noticed an uptick in the cryptocurrency market following news that the incoming president, set to take office on January 20, has expressed interest in domestic crypto initiatives. Among the projects he intends to focus on are Solana, Cardano, and Ripple.

It currently appears unlikely that any cryptocurrency, including Bitcoin, would be integrated into the U.S. Treasury. However, several reports indicate that it could potentially occur under a supportive administration in the future. In light of these possibilities, we wondered about XRP’s price reaction if such an unexpected event were to happen within the next four years. To explore this scenario, we consulted ChatGPT for its insights.

The well-known AI chatbot indicated that the value of the third-largest cryptocurrency could reach around $6 initially before experiencing significant growth. Given favorable market conditions and a supportive regulatory framework, XRP, along with ADA and SOL, might continue to increase in value. ChatGPT presented two possible scenarios for a price maximum.

Positive Outlook: Some experts predict that under favorable conditions, such as increased global adoption by institutions and consistent use of its utility, the price of XRP might climb to between $10 and $15 within a reasonable timeframe. In an extremely optimistic situation, where widespread institutional support is realized, it could potentially surge past $20 and even reach $50 in the long run.

It’s clear that the more conservative prediction appears quite optimistic and could border on being unattainable. If XRP’s price reached $10, its market capitalization would exceed $570 billion, which is significantly greater than Ethereum‘s current market cap of around $410 billion. This suggests that Ripple’s token might surpass Ethereum in value under these circumstances.

From a crypto enthusiast’s perspective, reaching a $50 price point would translate to a market capitalization exceeding $2.5 trillion, making it the leading digital currency out there. To be frank, as of January 19th, such a projection seems nothing short of an overstatement, at least in my book.

XRP Will Face Challenges

ChatGPT highlighted several obstacles that XRP may encounter, many of which stem from intense competition. Beyond the previously mentioned contenders like Cardano (ADA) and Solana (SOL), XRP faces a tough climb in the face of Bitcoin (BTC).

Additionally, the AI system indicated that Donald Trump’s strategies could have evolved following the introduction of his new cryptocurrency, Trump Coin (TRUMP). Over the weekend, it was announced that he would launch this meme coin, and it has already made a significant impact in the crypto sphere, reaching the second-largest position among meme tokens at one point before experiencing a slight pullback.

Despite some uncertainty about its impact, it might prove to be a strong competitor against XRP and other market players, as its potential is currently under discussion within the industry.

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2025-01-19 19:44