Will $XRP reach 10 dollars?
The answer through calculation:
Required market cap = target price × circulating supply
= 10 dollars × 60,676,393,849 tokens
≈ 606.76 billion dollars
This means that Ripple needs a market cap of approximately 607 billion dollars to reach 10 dollars
If we assume that all 100 billion tokens enter circulation someday (Fully Diluted Valuation), it would need a market cap of 1 trillion dollars, but this is unlikely to happen soon
I hope this answers the most asked question
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