$XRP With the growing interest in cryptocurrency, many investors are curious about the potential for XRP to reach a $100 price point. Let's break down the numbers and consider the feasibility using different measures of global money supply.
Current Market Snapshot
Total Supply of XRP: 99.9 billion XRP
Current Market Cap: $29.48 billion
Current Price: $0.534 per XRP
Market Cap at $100 per XRP
To reach $100 per XRP, the market cap would need to be:
Market Cap
=
99.9
billion
×
100
=
9.99
trillion dollars
Market Cap=99.9 billion×100=9.99 trillion dollars
Required Increase in Market Cap
Currently, XRP's market cap is $29.48 billion. The increase needed is:
9.99
trillion
−
29.48
billion
≈
9.96052
trillion dollars
9.99 trillion−29.48 billion≈9.96052 trillion dollars