[Shag]

Originally Posted by Taco John

I don't think so, but it's hard to tell. Right now it's at $113 billion dollar market cap. That's up from 9 million less than a month ago, which is a huge rise. For it to become a $50 coin, it has to reach $4.3 trillion dollar marketcap. To put that into perspective, the entire market cap for cryptocurrencies is at an all time high today of $730 billion. It's not realistic to think Ripple can be a $50 coin for some time to come (unless financial institutions start stampeding into the cryptospace, and big retailers like Amazon start announcing adoption).

Consider that right now, Bitcoin is the market dominance leader at $250 billion. It's easy for me to believe that Ripple could catch up, and even beat Bitcoin in market domninance. So if Ripple were to get to, let's say, $260 billion, that would make it a $3.00 coin, provided that the supply remained consistent.

Ripple is a slow growth, steady coin. I use it as part of my "safe" investment base where I put 50-60% of my total stake (Cardano, Ripple). Then split some (45%) on on medium risk (IOTA, XLM, EOS, VEN), then high risk (XVG, TRX) and the final 5% on sub penny gamble coins that look like they've got promise (I recently got in on EmberCoin, which is soon going to be a GPS coin called Chartis).

No one is going to "get rich quick" on Ripple at this point, but it can serve as a very stable growth coin that will grow steadily as the market grows, and challenge for dominance. Any altcoin porfolio is incomplete without it.

XRP is over $3 on some exchanges right now.