ChatGpt predicts XRP price if SEC lawsuit does not occur

Without the SEC lawsuit, XRP would have likely experienced tremendous growth during the 2021 bull run, setting the stage for a better rally in this round.

XRP investors missed out on the 2021 bull run, with the asset reaching only $1.96. Many attribute XRP’s failure to reclaim its all-time high price in the last session to the now-coming-to-announcement lawsuit against Ripple.

On December 20, 2020, the U.S. Securities and Exchange Commission (SEC) sued Ripple and its executives Christian Larsen and Brad Garlinghouse, accusing them of manipulating an unregistered securities offering worth $1.3 billion through XRP. As a result, U.S.-based exchanges withdrew support for XRP, causing a temporary drop in price.

At the same time, the cryptocurrency market is entering a new bull market during Bitcoin’s third reward distribution process. However, lawsuits restricted public access to XRP, bringing its bull run to an early end. Specifically, XRP hit a high of $1.965 on April 14, 2021, while Bitcoin continued to rise over the next six months until November 2021.

The price of XRP has since fallen and today trades at around $0.47. Enthusiasts believe that without the SEC’s lawsuit, XRP might be in a better position. The sentiment stems from the 750,00% surge that XRP experienced during the 2017/2018 season, temporarily replacing Ethereum as the second most valuable cryptocurrency after Bitcoin.

To explore the potential price of XRP in the absence of the SEC lawsuit, we leveraged OpenAI’s ChatGPT. The AI tool acknowledges that predicting XRP’s price without an SEC lawsuit is guesswork. However, ChatGPT takes into account key factors such as market sentiment, Ripple’s partnerships and historical performance to make its guess.

Medium and high growth scenarios

In a medium growth scenario, assuming continued positive development and increased adoption in the absence of litigation, ChatGPT suggests a possible price growth of 50-100%. It uses the XRP price of $0.60 in approximately December 2020 as a reference point. Therefore, the predicted percentage growth suggests that XRP could be worth between $0.90 and $1.20.

ChatGPT suggested that in a high growth scenario, XRP could potentially maintain a price growth of 150-200%. This would result in a hypothetical price range of between $1.50 and $1.80.

If the SEC lawsuit had not occurred, XRP price would have

Aggressive Growth Scenario

In an aggressive growth scenario, ChatGPT speculates that XRP could maintain a price increase of 300-500% since December, potentially raising the price of XRP to $2.40 to $3.60. While this is still below its 2018 all-time high of $3.84, today’s price of $3.60 would be a significant improvement from its current price of $0.47.

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