By (MR_UMAIR)
In the world of cryptocurrency, bold predictions are nothing new. But some claims cross the line from optimistic to outright absurd. A recent post circulating on Square suggests that XRP could skyrocket to $978.99 within two days—by May 12, 2025. Let’s be clear: that’s not just improbable, it’s mathematically and economically impossible. Here’s why.
Understanding the Numbers
At the time of writing, $XRP is trading at approximately $2.37, with a circulating supply of around 56 billion tokens. That places its market capitalization near $132.7 billion. Now imagine XRP jumping to $978.99. This would inflate its market cap to an astronomical $54.82 trillion. If you factor in XRP’s total maximum supply of 100 billion tokens, the valuation soars to $97.9 trillion—nearly equal to the entire global stock market, which is estimated around $100 trillion.
The Scale of the Impossibility
Even hypothetically halving XRP’s supply wouldn’t make such a price jump feasible. With 50 billion tokens in circulation, a $978.99 price would still result in a $48.9 trillion market cap—about 17 times larger than the entire cryptocurrency market, which currently hovers around $2.94 trillion. There is simply no precedent or mechanism to support such a massive surge in such a short timeframe.
Token Burns and Supply Dynamics
Some might argue that a drastic token burn could drive prices higher. While Ripple has implemented limited burns via transaction fees, the impact is extremely gradual. No historical or planned supply reduction comes anywhere close to the scale required to justify a $978 price tag—especially within two days.
Price History and Market Behavior
To reach $978.99 from its current price of $2.37 would require a 41,000% increase. For context, XRP’s most aggressive rally in recent history was a 280% gain over three months. A move to $978 in two days would necessitate over $54 trillion in new capital flowing into one asset—a figure that would not only be unsustainable but could trigger chaos in global financial markets.
Even if XRP were to fully replace SWIFT and handle 1% of its estimated $5 trillion in daily volume, the resulting price impact might push XRP toward $35—not even close to $978.
Realistic Market Influences
While XRP has enjoyed bullish developments—including a favorable resolution to the SEC lawsuit and potential CME futures listings—these catalysts tend to influence price gradually. For instance, $XRP recently dropped from $2.25 to $2.09 before recovering to $2.37—a modest 13% swing that underscores the real pace of market movement.
Conclusion: Stay Grounded
The claim that $XRP could hit $978.99 in two days is not rooted in any financial reality. It’s a prime example of viral misinformation designed to generate hype rather than inform. Investors should approach such predictions with skepticism, do their own research, and stay focused on fundamentals rather than fantasy.