There have been a lot of videos today talking about how XRP was designed to be worth $10,000 per token, I asked Grok and this is what he told me about it:

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1. Disproportionate Market Cap: XRP would need a market cap of $570 trillion to reach $10,000 per token, surpassing global GDP.

2. Scarcity vs. Abundance: With a supply of 100 billion tokens, XRP lacks the scarcity that drives Bitcoin's value.

3. Utility and Adoption: To justify $10,000, XRP would need unprecedented global adoption, surpassing even fiat currencies.

4. Market Dynamics: Such a high price would be seen as a bubble, not sustainable by current economic fundamentals.

5. Regulation and Stability: XRP's future depends on legal and regulatory decisions, adding uncertainty to its value.

6. Competition: XRP faces increasing competition in the cryptocurrency and payments space.

7. Token Burning: Reducing supply through token burning would not be enough to justify such a price increase.

8. Market Expectations: Optimistic predictions are not always based on solid fundamental analysis.

Boys, don't sell at a loss! This is happening due to ignorance; the FED has nothing to do with the BTC reserve that Trump wants to make.

That Mr. Powell did not have any delicacy in specifying that THEY, as the federal reserve system, cannot own BTC, but the treasury department can (they have different objectives).

This has affected the entire stock market and cryptocurrency market due to fear. Just as there is FOMO, there is also panic.

If you believe in a project, hold.

I expected that with all the hype built up by the launch of RLUSD, XRP would spike more than it did... the Ripple project seems interesting to me, but why is that not reflected in a more substantial giant leap? Is it because there are too many tokens? Is it because it is not very popular?

Does anyone have an unbiased answer?

Is anyone else losing faith in XRP?

A lot of silence from Ripple
A lot of hype from influencers
A lot of noise, little substance

It's supposed to be something revolutionary and very exciting, but that doesn't seem to be reflected in the crypto market, what's going on?

Why isn't the price of XRP increasing drastically?

Because we are all waiting for:

-The launch of RLUSD (they said 'soon' on their Twitter, but what does 'soon' mean for them?)

-January 20 (Trump)

-To verify if it will be used on payment platforms

-To verify if it will be used by large nations for major transfers.

Another factor is that XRP does not use Blockchain technology and proof of work to verify transactions and does not pay validators for this task, so it competes with more classic technologies like BTC and this can move far away from what is now the great heart of the market.

$XRP $BTC

Guys, $XRP has not surged suddenly because we are all still waiting for the official announcement on Ripple's Twitter regarding the launch of their stablecoin. How does this affect the value of XRP?

Ripple's stablecoin uses the base technology of XRP, which means that making transactions with RLUSD will be cheaper and faster... (moving large amounts of USDT, Bitcoin is costly and slow)

There is also speculation about the implementation of this technology in online payment systems on platforms like Amazon and Twitter (but there are still no official announcements regarding this)

We need to keep an eye on that Ripple post and see how those negotiations unfold in the future. If everything goes as planned, XRP will become a utility asset, and utility assets are not governed as much by market cap.