The XRP community has begun assessing how much investors could rake in if XRP ever matched the market cap and price of Bitcoin.
Despite being around for over a decade, XRP still has a long way to go in terms of rivaling Bitcoin (BTC) for the top spot among the largest crypto assets. XRP has only been Ethereum’s biggest rival, with both assets historically battling for the second spot, though ETH has had the clear advantage.
Prospect of XRP Matching Bitcoin
Interestingly, while XRP has still not been able to surpass Ethereum, some market commentators have begun exploring its potential to even dethrone Bitcoin. For instance, in August, financial analyst Coach JV predicted that XRP could become the largest crypto asset by 2030.
Worth of $5,000 in XRP if XRP Hits Bitcoin Price and Market Cap
However, what if XRP ever soared to Bitcoin’s current market cap? How much would that impact current investors? Specifically, if XRP’s valuation soared to $2.436 trillion, this would translate to a price of $40.68 per XRP, considering the circulating supply of 59.87 billion tokens
Notably, if an investor committed $5,000 into XRP at the current price of $3, they would amass 1,666.6 tokens. If XRP ever reached the current Bitcoin market cap of $2.436 trillion, hitting $40.68 per token, these 1,666.6 XRP tokens would be worth $67,800
Meanwhile, the prospect of XRP reaching Bitcoin’s actual current price presents a much higher potential for returns. At the price of $3, XRP would have to increase 4,075,266% to hit Bitcoin’s current value of $122,261. At this price, the 1,666 tokens would be worth $203.7 million.
However, XRP has a better chance of reaching Bitcoin’s market cap than Bitcoin’s price. For context, if it claimed the price of $122,261, XRP’s market cap would skyrocket to $7.32 quadrillion, confirming how unfeasible such a rally is.
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$5,000 in XRP: Here’re Returns if It Hits Bitcoin’s Price and Market Cap
The XRP community has begun assessing how much investors could rake in if XRP ever matched the market cap and price of Bitcoin.
Despite being around for over a decade, XRP still has a long way to go in terms of rivaling Bitcoin (BTC) for the top spot among the largest crypto assets. XRP has only been Ethereum’s biggest rival, with both assets historically battling for the second spot, though ETH has had the clear advantage.
Prospect of XRP Matching Bitcoin
Interestingly, while XRP has still not been able to surpass Ethereum, some market commentators have begun exploring its potential to even dethrone Bitcoin. For instance, in August, financial analyst Coach JV predicted that XRP could become the largest crypto asset by 2030.
Worth of $5,000 in XRP if XRP Hits Bitcoin Price and Market Cap
However, what if XRP ever soared to Bitcoin’s current market cap? How much would that impact current investors? Specifically, if XRP’s valuation soared to $2.436 trillion, this would translate to a price of $40.68 per XRP, considering the circulating supply of 59.87 billion tokens
Notably, if an investor committed $5,000 into XRP at the current price of $3, they would amass 1,666.6 tokens. If XRP ever reached the current Bitcoin market cap of $2.436 trillion, hitting $40.68 per token, these 1,666.6 XRP tokens would be worth $67,800
Meanwhile, the prospect of XRP reaching Bitcoin’s actual current price presents a much higher potential for returns. At the price of $3, XRP would have to increase 4,075,266% to hit Bitcoin’s current value of $122,261. At this price, the 1,666 tokens would be worth $203.7 million.
However, XRP has a better chance of reaching Bitcoin’s market cap than Bitcoin’s price. For context, if it claimed the price of $122,261, XRP’s market cap would skyrocket to $7.32 quadrillion, confirming how unfeasible such a rally is.