I am truly puzzled by the views of those who firmly believe that the price of XRP can soar to $500. What analysis are they basing this on, or are they simply swayed by some unproven optimism? Let's start with some basic mathematical logic. Currently, the market capitalization of XRP is $12.914 billion, with a circulating supply of 5.85 billion coins, which determines its current price. Suppose the market capitalization doubles—this is already an extremely aggressive assumption—reaching $26 billion. Even in this case, if all the supply is unlocked, the price of XRP can only reach $2.60.
Now, let's assume the circulating supply remains at 5.85 billion coins, while the market capitalization reaches $26 billion. In this case, the price of XRP would only reach $4.44. This is obviously far from the target of $500.
Now, let's further explore the viewpoint that 'XRP will rise to $500'. Assuming the price target for XRP is $10, it would need to reach a market capitalization of $1 trillion, with a price of about $10.001. Further assuming that the supply remains unchanged, pushing the market capitalization to $1 trillion. Even so, the price of XRP would only reach $17.09.
So, what reasons do people have to believe that XRP can reach $500? Just the word 'adoption'? Or are there other unproven assumptions? Let's return to reality—merely based on XRP reaching a market capitalization of $1 trillion? When the entire cryptocurrency market's capitalization is around $3 trillion? Such predictions not only lack a realistic foundation but can even be said to be utterly absurd.
Conan, the golden dog, is the only dog awarded the title of Hero Dog by Trump, and its heroic deeds are widely known. It has a group of devoted followers, it has a group of diligent evangelists working like bees, and it has a strong community. Now, it is deployed on the SOL chain, let's empower the blockchain with this heroism!
