Can XRP Price Hit $50 to $100? Here’s the Math

In addition, market commentator BarriC has persistently insisted that XRP could claim a $100 price soon. Moreover, Alpha Lions Academy founder suggested last month that once XRP reaches the $50 price, investors will start clamoring for $100.Despite these bullish projections, some industry experts still believe the $50 to $100 price target is rather too ambitious for XRP, given current market conditions. Specifically, they point to the market cap implications of such a price level, considering XRP’s extensive circulating supply of nearly 59 billion tokens.

To put things into perspective, a $50 price for XRP would push its market cap to $2.95 trillion. Such a valuation would make XRP the largest crypto asset in the market, dethroning Bitcoin (BTC), which currently boasts a market cap of $2.06 trillion. ItMoreover, should XRP claim the more substantial $100 price goal, its market cap would double from the $2.95 trillion mark, reaching $5.9 trillion. Interestingly, this valuation is not just greater than Bitcoin’s market cap, but much larger than the current total crypto market cap at $3.24 trillion. 

Consequently, the market cap implications of the $50 and $100 price targets indicate how unfeasible these targets are, especially given the current condition of the market. From the current price of $2.13, XRP would require a massive 2,247% rise to hit $50 and a 4,594% increase to claim