Claim BonusXRP Fair Market Value Stands Between $3.5k To $22K: Report
XRP News: The legal tussle between the U.S. Securities and Exchange Commission (SEC) and Ripple has hindered the XRP price growth over time. The recent developments in the Ripple lawsuit may have led XRP to print green indexes in the last 90 days but experts believe that the fair market valuation of the token is still quite low.
Will XRP Price Surge After US SEC Lawsuit Ends?
Research done by Jimmy Vallee and Molly Elmore of Valhil Capital concluded the fair market value of XRP after facing a two year long running U.S. SEC lawsuit. The report suggested that XRP’s fair value ranges from $3.5K to a whopping $22K.
It mentioned that in order to check the harm caused due to the U.S. SEC lawsuit on XRP price, they invited a large group of people to form a confidential committee. The team members were well experienced in quantitative and financial valuations.
The confidential committee built six different valuation models in the process. The research is based on 99-Year Golden Eagle Model, Discounted Cash Flow Model, Pipeline Flow Model, Athey and Mitchnick Model, Collateralization Model and Quantum Liquidity Model.
The variables considered during the research are Global transaction volume, discount rate, daily transaction value, tokens circulation, projected economic growth and more.
XRP Price Up By 42% In 90 Days
Keeping six quantitive models together suggested median fair market value per XRP is around $12,822. At the same time, the mean value came out to be $61, 231 per XRP. However, the research concluded that the current XRP fair market value ranges from $3.5K to $22k.
However, XRP is trading at an average price of $0.52, at the press time. XRP price surged by a whopping 42% in the last 90 days. Ripple’s native crypto is the biggest gainer outperforming Bitcoin (BTC) and Ethereum (ETH) among the top 10 cryptos over this period.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Breaking: U.S. CPI Inflation Comes In At 2.7%, Bitcoin Rises
- Bitget Launches One-Click Bot Copying for Crypto Users as Algorithmic Trading Goes Mainstream
- Senate Releases Amended CLARITY Act Ahead of Markup as Stablecoin Yields Come Into Focus
- Cardano Founder Slams President Trump, Says His Memecoins Stalled U.S. Crypto Bills
- Monero (XMR) Hits Record High After 44% Rally Just Hours After UAE Privacy Token Ban
- Bitcoin Price Eyes $100k as Core US Inflation Slips Ahead of CLARITY Act Markup
- Why Is MSTR Stock Price Down Despite Recent Bitcoin Purchase
- Pi Coin Price Prediction: How Mainnet Migration and New Tokens Supply Could Affect Pi Network?
- Crypto Stocks To Watch: MSTR, Metaplanet, and S&P 500 price
- Solana Price Targets $200 as WisdomTree Declares Its Dominance Structural
- Bitcoin Price Prediction Amid DOJ Probe as Powell Indictment Fears Cool
