XRP at $500: What Would It Take?
Current Price (2024): ~$0.50–$0.70
Reaching $500 per XRP would mean a market cap exceeding $25 trillion, based on a circulating supply of ~50 billion XRP. For perspective, Bitcoin’s highest market cap was around $1.3 trillion, and Apple’s sits near $3 trillion.
In short, XRP would need to revolutionize global finance—becoming the primary bridge for cross-border payments, overtaking major currencies, and replacing systems like SWIFT. While not impossible, it’s an extraordinarily high bar.
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AE Coin: Abu Dhabi’s Strategic Digital Leap
Abu Dhabi has launched AE Coin, a dirham-pegged stablecoin, marking a bold step in its mission to lead global crypto and fintech innovation.
Aligned with the UAE’s CBDC ambitions and blockchain-forward regulation, AE Coin aims to:
Streamline cross-border trade
Attract Web3 investments
Deepen integration with international financial systems
With AE Coin, the UAE reinforces its position as a front-runner in sovereign digital currency development.
#AbuDhabiStablecoin #CryptoLeadership
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