$XRP Let's compare this required market cap increase with various global money supply metrics:
M0 (Physical Money): $7.6 trillion
The increase needed is larger than the total physical money in circulation globally.
M1 (Narrow Money): $48.9 trillion
The required $9.96052 trillion represents about 20.4% of the global narrow money supply.
M2 (Broad Money): $95.7 trillion
The required increase would be approximately 10.4% of the global broad money supply.
M3 (Broadest Measure): Over $130 trillion
The required $9.96052 trillion is about 7.7% of the broadest measure of global money supply.
Feasibility Analysis
M0 Context: It is unlikely that all physical money would be redirected to a single cryptocurrency, making the $100 price target challenging under this measure.
M1 Context: While the proportion needed is smaller compared to M0, it still represents a significant portion of liquid assets globally.
M2 and M3 Contexts: The required market cap increase is a smaller percentage of these broader money supply measures, making it more conceivable, albeit still highly ambitious.
Conclusion
While the potential for XRP to reach $100 is a tantalizing prospect, achieving this price would require a monumental shift in global financial allocations towards XRP. It would necessitate a significant portion of the world's money supply to flow into XRP, particularly from broader money measures like M2 and M3.
Investors should consider these metrics and the broader economic implications when evaluating such high price targets. Cryptocurrencies continue to evolve, and while reaching $100 for XRP is not impossible, it would require unprecedented adoption and investment.