The Reality Behind Unrealistic XRP Price Predictions
Recently, there have been claims circulating on platforms like Square suggesting that XRP will reach an astronomical price of $978.99 in just two days (by May 12, 2025). However, such predictions are not grounded in any realistic market analysis or fundamentals. Here's why this prediction is highly unlikely to come to fruition.
Market Cap and Supply Considerations
At its current price of approximately $2.37 per token, XRP has a market cap of around $132.7 billion, with a circulating supply of roughly 56 billion tokens. For XRP to reach $978.99, its market cap would need to skyrocket to nearly $54.82 trillion. If we consider the total supply of 100 billion tokens, that market cap would exceed $97.9 trillion—more than the entire global stock market, which hovers around $100 trillion. To put this into perspective, this valuation would dwarf the entire cryptocurrency market, which is currently valued at approximately $2.94 trillion.
Unrealistic Price Surge and Token Supply Constraints
Even with a drastic reduction in supply, such a price increase remains practically impossible. For instance, if XRP’s supply were halved, the required market cap would still be over $27 trillion, roughly 9 times the current size of the global crypto market. XRP’s token burns have been gradual, and there's no historical precedent for such an immense impact on the price in such a short time frame—especially not in just two days. The notion of a 41,000% surge is far beyond the scope of any past rally, including XRP’s record 280% increase over three months.
Conclusion: Stick to Facts and Stay Informed
The idea of XRP hitting $978.99 in a matter of days is based on pure speculation with no basis in market realities.