Many are mocking $XRP âs high price, but theyâre missing how liquidity actually works.
A low-priced asset can be moved aggressively with a single large order. But in a deep, high-liquidity market, a higher-priced asset may require a much smaller share of total supply to absorb the same $1 million flow.
This isnât hype â itâs basic market structure math, something David Schwartz has hinted at before.