LIVE🔺️If $8 trillion USD worth of funds are transferred to XRP ripple To determine the estimated price of #XRP
Calculation
1. Determine the current market capitalization of $XRP . According to your data, it is $26,741,289,544.
2. Divide the amount you intend to invest ($8 trillion USD) by the current market capitalization of XRP:
$8,000,000,000,000 / $26,741,289,544 = approximately 298,396,887
This calculation shows how much XRP you would purchase for $8 trillion USD at the current market cap.
3. Now, to determine the expected price of XRP, divide the investment amount by the amount of XRP:
$8 trillion USD / 298,396,887 XRP = approximately $26,771.42 USD per XRP.
This means that the estimated price of XRP after investing $8 trillion USD will be approximately $26,771.42 #USD per XRP coin.
Please note that this is a simplified calculation and does not take into account factors such as market dynamics, liquidity and demand. The cryptocurrency market is very volatile and prices can fluctuate widely. In addition, such large-scale investments can have a significant impact on the market and change conditions.
Please remember that cryptocurrencies are high risk
LIVE
The paper bore the title "Anticipating the 'Collapse' of the U.S. Dollar: Projecting a $8 Trillion Shock, Inflationary Response by the Federal Reserve, and the Subsequent Emergence of a 'Critical' Price Surge in #bitcoin , Ethereum, XRP, and Other Cryptocurrencies to Compete with Gold."
Forbes:
“U.S. Dollar ‘Collapse’—Shock $8 Trillion Predicted Fed Inflation Flip To Spark A ‘Critical’ Bitcoin, Ethereum, #XRP And Crypto Price Boom To Rival Gold” https://t.co/FZ6ToCBVcd
— Chad Steingraber (@ChadSteingraber) October 8, 2023
The aforementioned event shed light on a momentous incident that possesses the capacity to reverberate throughout XRP, Bitcoin, Ethereum, and other notable cryptocurrencies. The Forbes study presented an argument on the possible impact of a $8 trillion withdrawal from the US financial system on the XRP and Bitcoin markets, in light of an anticipated collapse of the US currency.
Chad Steingraber, a game designer with expertise in the XRP community, brought attention to the report inside the XRP Army.
The paper bore the headline "Anticipating the 'Collapse' of the U.S. Dollar: Projecting a $8 Trillion Shock Resulting from Inflationary Measures by the Federal Reserve, Potentially Triggering a 'Critical' Surge in Bitcoin, Ethereum, XRP, and Cryptocurrency Prices Comparable to Gold."
The aforementioned event shed light on a momentous incident that possesses the capacity to reverberate throughout XRP, Bitcoin, Ethereum, and other prominent cryptocurrencies. The Forbes piece presented an argument on the possible impact of a $8 trillion outflow from the US financial system towards the XRP and Bitcoin markets in the event of a forecasted collapse of the US currency.
Chad Steingraber, a game designer with expertise in the XRP community, brought attention to the report inside the XRP Army.