Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
injo
--
・
88 views
Follow
Sell the news buy the fear
#BTC
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
injo
@injo
Follow
Explore More From Creator
$XRP Ripple's bold move acquiring Metaco signals a seismic shift in digital finance. With potential value soaring to $10T, it's poised to revolutionize asset management, driving mass adoption and reshaping the future of fintech. Maybe XRP to going 100$ is sooner or later, still not advicing to buy or sell, please do your own research, dont put all money in one coin
--
$XRP Someone questioning if the XRP price is not based on marketcap but on money he can move, actually XRP has a built-in mechanism that burns a small amount of XRP with each transaction, gradually reducing the total supply. The current burn rate is approximately 0.00001 XRP per transaction. Impact of Burn Rate on Supply To assess the impact, let's consider hypothetical transaction volumes: Average Transactions Per Day: 1.5 million (a reasonable estimate based on historical data) XRP Burned Per Day: 1.5 million × × 0.00001 = 15 XRP XRP Burned Per Year: 15 XRP/day × × 365 days = 5,475 XRP Even if transaction volumes increase significantly, the burn rate is still relatively small compared to the total supply. For instance: 10 million transactions per day: 100 XRP burned daily, 36,500 XRP annually 50 million transactions per day: 500 XRP burned daily, 182,500 XRP annually The Fact Unfortunately over decades, the burn rate would only reduce the supply marginally. Disclaimer: not advicing to buy or sell $BTC $ETH Dominance and Popularities is above XRP will hard to see XRP going 100$ its need 9times values of All BTC in the world
--
$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.
--
$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
--
XRP, created by Ripple Labs in 2012, aims to facilitate fast, cost-effective cross-border payments. Unlike Bitcoin, it doesn't rely on mining. Ripple's unique consensus algorithm ensures transactions are quick and secure, making XRP widely used for global payments. Ripple has partnered with several financial institutions globally to facilitate cross-border payments using XRP. Notable examples include Santander, American Express, and SBI Holdings. These partnerships leverage Ripple's technology, including XRP, to enhance the speed and reduce the cost of international transactions. Dont see the low price but see the mission. #XRPGoal $XRP
--
Latest News
Vitalik Buterin Refutes Claims Of Centralization In Ethereum Research
--
Bitcoin(BTC) Surpasses 68,000 USDT with a 1.35% Increase in 24 Hours
--
Metabit Network Secures $10 Million In Strategic Funding
--
AI Success In Africa Hinges On Local Language Data And Skills Gap Solutions
--
Fren Pet Announces Major Updates to Game and Token Economics
--
View More
Trending Articles
Are PoS Networks Really More Expensive to Attack Than PoW?
Cryptopolitan
XRP Price Climbs 2% As Ripple SEC Settlement Meeting Looms Today And Traders Race To Buy This Blo...
InsideBitcoins
Scaramucci Slams Claims of Harris’s Anti-Crypto Bias, Critiques Trump’s Transactional Approach
CryptoPotato
Political undertones stand out as Bitcoin 2024 hits Nashville
Cointelegraph
Cardano Welcomes Major Node Release as Chang Preparations Heighten
U.today
View More
Sitemap
Cookie Preferences
Platform T&Cs
