"But XRP can't go to $1 trillion because of market cap!" Meanwhile Bitcoin at it's ATH was worth more than $2T. Dom is correct here, everyone is talking about market cap, but almost no one has an explanation for Bitcoin being worth its market cap. XRP is being utilized in multiple ways, ways that could potentially lead to trillions moving over the network. Let me ask one important question. What would the underlying asset be worth if it will utilized to settle trillions? The network effect will make XRP extremely valuable, even more valuable than Bitcoin.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.