$XRP Why Believing XRP Will Reach $500 Makes No Sense
Honestly, I still don’t get how some people think XRP is going to hit $500. I’m not sure what they’re basing that on or what kind of analysis they’re doing.
Let’s break it down with some basic math. Right now, XRP’s market cap is around $129.14 billion, and the circulating supply is about 58.5 billion tokens. That’s how we get the current price.
Now let’s imagine the market cap doubles (which is already pretty optimistic) to $260 billion, and the full supply is unlocked. Even in that case, XRP would only reach around $2.60.
Okay, what if the supply stays the same at 58.5B and the market cap still jumps to $260 billion? XRP would be worth $4.44—still nowhere close to $500.
Now let’s humor the $500 crowd and consider a more “reasonable” target of $10. To reach that, XRP would need a market cap of over $1 trillion—and that’s assuming maximum supply. If we keep the current circulating supply, XRP would be about $17.09 at a $1 trillion market cap.
So really—how do people expect XRP to go to $500? Just because of “adoption”?
Let’s be real: a $1 trillion market cap for XRP alone? When the entire crypto market is hovering around $3 trillion?
That’s not just unrealistic. It’s absurd.$XRP