When we talked yesterday about XRP, I found a strange attack as if I was cursing them, God forbid, and people talking about what they do not know. One told me that the currency is worth $30,000. 😅 One told me that there is no relationship between the market value and the price. 😅 The market value is basically the total price of the currencies, including his currency!!
That is, he owns ten pieces of currency X, for example, and the market value of the currency is $100, and the total number of coins in the market and offered for circulation (circulating supply) is equal to 100 pieces, so how do we know the price of one piece of it??
We divide the market value by the number of currencies, thus we have extracted the individual price of a single currency. I do not claim to know, but this information is essential. Some people post that the currency is going to a thousand dollars, and some people start their drums and say, "Yes, the currency is strong and will become stronger than Bitcoin!!" Brothers, this talk happens every time Bull Run happens and we say the same thing about a thousand currencies, and unfortunately, some people go after the peaks and leave a currency that can do 20 times more and chase a currency with a liquidity of 100 billion when the price does not reach $2, and they come and say that the currency is going to a thousand dollars. Man, the current market liquidity in total has reached 3.4 trillion dollars. Bitcoin will soon acquire $2 trillion, and the rest is divided among currencies, including Ethereum. A currency like XRP, God willing, its project will be stronger than Ethereum and sweep the market. How much will its market acquisition percentage be? Consider it the number one project in the galaxy. How much? 20%, for example, even though Ethereum only acquires 13%!
Okay, if we consider the market value of the entire market to be 3.5 trillion, 20% of which is 700 billion, and the market value of the currency is 110 billion and it has not yet reached $2, even after all these exaggerations, it will not bring more than 7 times this after placing exaggerations in a crazy way that cannot happen at the present time or even in the near future, but technically it is possible after many years if the project proves its integrity and burns half of its currencies and the liquidity of the total digital currencies doubles and reaches 10 trillion, it is possible for xrp to reach $14, yes.
This content is published for learning only and not to show off or stir up sarcastic and mocking discussions. I respect you all with all your opinions, and every person is responsible for what he owns. Your profit will not go into my wallet and your loss will not decrease anything from it either. The goal of publishing my words continuously is to publish simplified educational content to add information that perhaps a newcomer will benefit from and protect him from losing his money. I initially wished to find someone to publish these words because after knowing such simple information, it gives you a different vision of the market that makes you protect your assets more logically, away from feelings and FOMO.
