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Replying to @Chill Dyll Market cap absolutely matters. It’s a simple way to measure the total value of a cryptocurrency and gives context to its price potential. Some argue market cap is “just a number,” but dismissing market cap ignores basic supply and demand economics and the reality that it represents the current valuation the market collectively assigns to an asset. Market cap remains a helpful metric when determining whether a crypto token or a company’s stock is worth its price. Could XRP increase significantly in value? Possibly—if crypto adoption grows, regulatory clarity improves, and institutions use its payment rails. But $10,000 per token assumes near-impossible levels of global adoption and liquidity that no asset (and no combination of assets) has achieved. Instead of focusing on price fantasies, @William Watson and I suggest looking at realistic growth scenarios based on market cap, actual partnerships, substantiated evidence, and utility-driven demand. — #learn #crypto #marketcap #xrp #ripple #investing #swift #blockchain #finance
Duration: 453 sPosted : Tue, 17 Dec 2024 06:11:05Views
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