Analyst challenges $1,000 XRP price claims, cites $60 trillion market cap

Extraordinary price predictions for $XRP have circulated widely across social media, with some retail investors and community commentators suggesting targets of $100, $1,000, or even $10,000 per coin. Crypto coach and market commentator Anderson addressed these projections in a recent analysis. At a price of $1,000 per XRP, with a circulating supply close to 60 billion tokens, XRP’s market capitalization would exceed $60 trillion. Pushing the price to $10,000 would create a total market cap of $600 trillion, figures that far outstrip the entire global gross domestic product, which sits at less than $120 trillion.

Source: CoinTurk News