Lately, the members of the XRP are divided into two: those who accept Bearableguy's theory123 and those who do not accept it. The philosophy of interest is if the XRP value will rise to $ 589 within the next three months. Distributed by a party labeled Bearableguy123, this prediction has divided the previously unified XRP community for opinions on whether or not it takes place.
Bearableguy123 is thought to be an XRP member who offers cryptic suggestions on the value of money. He made several forecasts in the last twelve months, referring to collaborations between different companies and Ripples that have occurred.
His predictions also include price trends on specific days and general information on when to invest in XRP.
The probability of the theory of $ 589 that is satisfied
Basically, the forecast $ 589 has three probabilities of transpiration. The first common point of view is that the launch of xRapid will bring the value of the currency upwards due to a sharp increase in the volume of trade.
The second point of view is that the increase in XRP is due to the high-volume trade the volume will push the price up
Finally, there are supporters who claim that 58.9 is the atomic mass of Cobalt, a name of a version believed to modify the operating speed of XRP.
The Superior Probability
The most likely of the three is that the launch of xRapid will positively bring the price of XRP to $ 589. xRapid is the fastest product of XRP so far for cross-border transactions and applies XRP as a bridge cryptocurrency to facilitate cross-border transactions.
Bearableguy123 The YouTube channel performed calculations of what will transpire after the launch of xRapid. He worked out the average daily change and the average daily volume of XRP and found 7.25% and $ 191 million in this order.
In addition to theorising what the value of XRP would be if Ripple captured 1%, 5%, 10% and 100% of the current incumbent, SWIFT's market share went further.
In conclusion, it is impossible for the value of XRP to rise to $ 589 within three months, considering the different requests that must be met before the value increases exponentially. Furthermore, the launch of xRapid will not automatically determine the value of XRPs in an instant, since it is necessary to satisfy the various regulatory circuits before XRP is used to the maximum for cross-border transactions.