Ripple (XRPUSD)

[MindlessSelf]

A lot of People will actually use xrp market cap as a reason why xrp will never go to a higher dollar value. There is a hundred billion xrp (only half in circulation) so if someone said xrp is going to $100, that is a ten trillion market cap. Kind of a hard pill to swallow.

But market cap is whatever the last price is, times the available supply. It doesn’t mean every xrp will sell for that price going forward. If I held all the xrp and the last price was $100, sure the market cap os worth 10 trillion, but as soon as I start selling all my supply, tbe price will start to drop as more of it is back into circulation.

The other thing is I believe the top coins will have all their market caps in the trillions over time. Xrp os designed to move virtually any form of wealth from one place to another. Swift moves trillions. Ripplenet and xrp are built to move trillions too. The amount of value that could move on Ripplenet could easily dwarf the amount of circulating xrp giving each xrp a high dollar value by default