$XRP Charging 100 USD? Wake up first, see the reality before talking
Recently, the claim in the crypto circle that 'XRP will rise to 100 USD each' has gained a lot of traction. But we need to analyze it calmly, is this really reliable, and don't let fantasies cloud your judgment.
ETF approval is unlikely to push XRP to 100 USD
Some are shouting, 'XRP ETF approved, institutions will go crazy for it, 100 USD is guaranteed.' But after the Bitcoin ETF was approved, BTC didn't even reach 100,000 USD, so why would XRP rise by dozens of times? To reach 100 USD, the market cap would have to multiply several times. Can the current crypto market's funds and sentiment support such an exaggerated increase? Institutions are not foolish; why would they bet everything on XRP to drive its price to astronomical levels? It's simply wishful thinking.
'Banks are all using XRP' also struggles to push it to 100 USD
The total supply of XRP exceeds 99.9 billion coins. If we rely on 'bank demand' to push it to 100 USD, we should first calculate supply and demand. Even if banks adopt it on a large scale, demand cannot fill the vast circulation. Bank cooperation is about expanding business, not about driving up prices. With this supply, relying on demand to push to 100 USD is nearly impossible.
XRP’s ecological shortcomings are far behind BTC and ETH
ETH is a leader in DeFi and NFT, with a thriving ecosystem; BTC has institutional backing and the consensus of 'digital gold'. XRP mainly relies on cross-border payments, and its ecosystem development is lagging. The market cap gap is also significant; BTC and ETH are in the trillion-dollar range, while if XRP rises to 100 USD, its market cap would be nearly 10 trillion, the gap is like heaven and earth, catching up is simply a dream.
XRP has potential, but 100 USD is a fantasy
XRP has the potential to rise, and it may increase several times, but reaching 100 USD would first need to address the issues of the 'market cap ceiling' and 'massive supply'. The crypto market needs enthusiasm, but more importantly, it needs clarity and rationality to avoid being taken advantage of.
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