Unique Fair Pricing Model Puts XRP Price Higher Than Bitcoin, Here’s How Much

Name	Symbol	Market	Market Cap ($)	Algorithm
Quant	QNTUSD	Crypto	1,064,051,928	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Quant

QNTUSD

Crypto

1,064,051,928

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.160	-0.22%	73.06	72.99	73.06

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.160

-0.22%

73.06

72.99

73.06

High Price	Low Price	Open Price	Prev. Close	52 Week Range
73.53	71.95	73.02	73.22	63.89 - 153.83

High Price

Low Price

Open Price

Prev. Close

52 Week Range

73.53

71.95

73.02

73.22

63.89 - 153.83

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	13:08:37	0.736000	73.06	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

13:08:37

0.736000

73.06

USD

Price x Volume	Volume	Base Symbol	Related Pairs
259,614.27	3,563.68	QNT	QNTEUR	QNTGBP	QNTBTC

Price x Volume

Volume

Base Symbol

Related Pairs

259,614.27

3,563.68

Unique Fair Pricing Model Puts XRP Price Higher Than Bitcoin, Here’s How Much

01/11/2023 8:00pm

NEWSBTC

New research from financial analysts at Valhil Capital suggests the XRP price is far undervalued than what it should be. Analysts have developed pricing models that put the value of XRP way higher than its current price of $0.5853, possibly even surpassing Bitcoin. According to the research paper from Valhil Capital, which evaluated six distinct pricing models, XRP’s price should not be trading for less than a dollar but somewhere between $9.81 and $513,000. Research on XRP’s Fair Value It’s been well established that the XRP price has been held back over the past few years in large part due to the ongoing lawsuit between Ripple Labs, the company behind the cryptocurrency, and the SEC. This legal uncertainty made many crypto exchanges and investors hesitant to buy and trade XRP, leading to the cryptocurrency being left behind during the 2021 crypto market bull run. Related Reading: Galaxy Digital and Invesco Bitcoin Spot ETF Join BlackRock On The DTCC Unlike most cryptocurrencies, which aim to replace the traditional method of banking, XRP was designed by Ripple to help banks move money quicker and cheaper than current methods. Using this transaction function of XRP and its use as a store of value, Valhil Capital created six different valuation models to determine XRP’s fair market value. The first model, called the Pipeline Flow Model, considered XRP’s function as a mode of transaction as well as a store of value, putting its fair value in this case at $3,541. The second model called the Athey and Mitchnick Model, also used the transaction and store of value function to put XRP’s current fair price at $4,813. The next two models looked at the transaction function alone. These models, named the 99-Year Golden Eagle Model and the Discounted Cash Flow Model, determined XRP’s fair market price to be $13,368 and $18,036, respectively. Using XRP’s function as a store of value, the last two models, called the Collaterization Model and Quantum Liquidity Model, determined XRP’s current fair market price to be far above the price of Bitcoin, putting it at $122,580 and $513,518 respectively. Current State Of The XRP Price XRP trading has since resumed on US-based crypto exchanges, as the cryptocurrency has been deemed not to be a security by a federal judge. Despite its challenges with the SEC since 2020, the cryptocurrency has grown to become the 5th-largest in terms of market cap. Related Reading: Top 5 Bitcoin-Like Altcoins That Could Make You A Millionaire In The Crypto Bull Run Some of XRP’s fair market prices determined by Valhil Capital might seem extravagant, but some of them resonate with current predictions and sentiment in the XRP community. On-chain data has shown that whale and shark investors have increased their holdings in the past few days. On the other hand, Ripple’s latest periodic release of 1 billion XRP tokens from escrow could potentially reduce this ongoing buying pressure. At the time of writing, the XRP price is trading at $0.6006, up by 8.94% in a 7-day timeframe. Token price reclaims $0.6 | Source: XRPUSD on Tradingview.com Featured image from iStock, chart from Tradingview.com

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