But if they are burning token for every rusd transaction, that mean less total supply, so price go up
souphianesalissou
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Bullish
$XRP can it reach $100, $300 or $500 with a circulating supply of 57 billion tokens For XRP to reach price levels like $100, $300 or $500 with a circulating supply of 57 billion tokens, it would require extremely high market caps. Let’s break this down: 1. Market Cap Calculation: Market Cap = Price × Circulating Supply. At $100, the market cap would be: 57,000,000,000 × 100 = $5.7 trillion. At $300, the market cap would be: 57,000,000,000 × 300 = $17.1 trillion. At $500, the market cap would be: 57,000,000,000 × 500 = $28.5 trillion. --- Is this realistic? To put this in perspective: The total crypto market cap in 2024 fluctuates between $2 and $3 trillion. At its peak in late 2021, the total crypto market cap was around $3 trillion. $28.5 trillion (for XRP at $500) is over 10x the peak crypto market cap and nearly surpasses global GDP levels. While XRP has utility through its use in cross-border payments and Ripple partnerships, reaching this kind of valuation would require: XRP to dominate global financial systems. Massive institutional adoption. A significant shift in the global economy. --- Conclusion: Reaching $100, $300, or $500 per XRP with a circulating supply of 57 billion tokens seems highly unrealistic given current market conditions and global financial limitations. However, if XRP gains widespread adoption and global demand for its utility explodes, moderate price increases (e.g., $5 to $10) could be achievable in a bullish scenario.
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