XRP 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.

Also Read: Pro XRP Lawyer Drops New Evidence Supporting XRP Isn’t A Security

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. Read More XRP News Here…

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.

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Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.