There's a lot of buzz around $XRP these days, with some people claiming it could hit $30 or even $40. However, let's look at the numbers to see if this is realistic.
Understanding the Market Cap
Current Market Cap: ~$103.5B
Total Supply: 99.99B XRP
Maximum Supply: 100B XRP
For $XRP to hit $30, its market cap would need to be around $3 trillion, and for $40, it would need $4 trillion. This is highly unlikely when you consider the total crypto market cap, which peaked at $3.3 trillion during the last bull run.
Realistic Targets
A more achievable price range for $XRP could be $3.5 to $5, especially by early 2025, assuming favorable market conditions, regulatory clarity, and sustained adoption.
While $30 or $40 may seem like a dream, it's important to stay grounded in data. However, there's always room for hope and optimism—let's see how the market unfolds. Here's hoping $XRP touches $5 soon!
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What do you think?