Some holders of $XRP
are still dreaming of seeing the price reach $1,000, but let's take a moment to review reality.
.
Estimates from Ripple suggest that the total market for digital assets could reach $18 trillion by 2033. Now, let's say that #XRP succeeds in capturing a large slice of that. Even in that case, with a circulating or maximum supply of 100 billion XRP, the market capitalization needed to support a price tag of $1,000 would be $100 trillion. That's more than the combined GDP of every country on Earth.
In short, it's not about questioning the technology of $XRP . It's about understanding the economics in the real world. No level of innovation in blockchain technology can surpass basic mathematics. The rise of XRP to $1,000 is not only optimistic but economically impossible.
are still dreaming of seeing the price reach $1,000, but let's take a moment to review reality.
.
Estimates from Ripple suggest that the total market for digital assets could reach $18 trillion by 2033. Now, let's say that #XRP succeeds in capturing a large slice of that. Even in that case, with a circulating or maximum supply of 100 billion XRP, the market capitalization needed to support a price tag of $1,000 would be $100 trillion. That's more than the combined GDP of every country on Earth.
In short, it's not about questioning the technology of $XRP . It's about understanding the economics in the real world. No level of innovation in blockchain technology can surpass basic mathematics. The rise of XRP to $1,000 is not only optimistic but economically impossible.
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XRP
3.2653
-0.31%