#GENIUSAct
##XRP Price If 1 BTC Reaches $1M
To estimate the price of 1 XRP token of BTC reaches $1M, we need to assume different scenarios depending on the rate at which Ripple price grows and gains adoption.
Scenario 1: XRP Captures 6.8% of BTC’s Market Share
The first scenario to forecast how high the XRP price will rally by 2030 is by looking at its current market cap share. XRP has a market cap of $136 billion, which is around 6.8% of Bitcoin’s current $2 trillion market cap.
If XRP maintains this market cap share against Bitcoin, it means that it will hold 6.8% of Bitcoin’s $20 trillion market cap by 2030. This is equivalent to $1.3 trillion, and if Ripple’s supply remains constant at 58 billion, the price of 1 XRP token will also be $23.
With a price value of $23, XRP would have a $1.3 trillion market cap, which is realistic as Wood’s forecast places BTC’s market cap at around $20 trillion by 2030.
Scenario 2: XRP Captures 10% of BTC’s Market Share
If Ripple increases its market share and attains 10% of BTC’s market cap by 2030, its market cap will reach $2 trillion. Assuming the supply remains the same at 58 billion, the XRP price will reach $35.
Again, this market cap range can be attained if BTC is trading at $1 million. However, getting to such a high price would require intense institutional adoption and usage.
Scenario 3: XRP Captures 20% of BTC’s Market Share
The end of the Ripple vs. SEC lawsuit is in its final stages, and this could draw much interest into XRP and lead to the altcoin capturing 10% of BTC’s $20 trillion market share by 2030.
In this scenario, XRP price will have to surge significantly to attain a $4 trillion market cap. This means that by then, 1 XRP token will be worth $68, which is an extremely high target as Ripple would have to surge by over 30 times from its current price.
Considering the above three scenarios, the most realistic one is for XRP to maintain its current market share of 6.8% against Bitcoin and reach $23 by 2030 if Bitcoin reaches $1M per Wood’s estimates.$XRP