The hype around XRP is heating up, and it’s all about the potential approval of a spot ETF.
The popular crypto site, Cointelegraph decided to get some insights in a prediction experiment from two AI models, OpenAI’s ChatGPT and xAI’s Grok to see how high XRP’s price could really go if that ETF gets the green light.
Language models predict the future?
First off, XRP just hit a yearly high of $3.38 on January 16, making it one of the hottest cryptocurrencies right now.
With this impressive rally, everyone’s wondering just how high it can climb by 2025, especially if any spot XRP ETF gets approved.
According to ChatGPT, if the ETF is approved, we could see XRP prices hitting anywhere from $5 to $10. This prediction assumes a steady influx of cash from both retail and institutional investors while the overall market sentiment stays positive.
In a super optimistic, or super crazy scenario, we might even be talking about prices in the $50 to $100 range.
That kind of leap would depend on big institutional investments and a frenzy of speculative buying, reminiscent of Bitcoin’s wild ride during its peak.
Grok, on the other hand, takes a more conservative approach. It suggests that if XRP hits $3 with ETF approval, we could see prices rise to around $5 in more cautious scenarios and potentially reach $10 to $15 if things go really well.
Whale watching: who’s buying?
There are some big players out there accumulating XRP like it’s going out of style, and if these whales keep piling on their holdings, we could see some serious price action.
Both AI models warn that even with an ETF approval, there are risks involved, for example the classic “buy the rumor, sell the news” scenario could kick in.
Traders who bought in below $3 might cash out at higher prices, leading to temporary price dips.
Remember when Bitcoin shot up ahead of its first spot ETF approval only to drop by 21% shortly after? Yea, that can happen XRP too.
Price analysis from human experts
Analysts at JPMorgan believe that a spot XRP ETF could attract between $3 billion and $8 billion in new investments, which would definitely give XRP a boost towards the $5 to $8 range.
Other analysts are even more optimistic, with predictions suggesting XRP could hit between $10 and $20 this cycle.
The excitement around a potential spot ETF has been fueled by the big political shifts, especially with Donald Trump back in the presidential seat.
Many analysts expect major regulatory changes that could benefit the entire crypto industry, not just a few assets.
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