$10 Trillion XRP Market Cap Could Mean $100 Token Price, Analysis Warns

Ripple's XRP token has been making waves in the crypto market, with some predicting it could reach a $10 trillion market capitalization. But what would this mean for the price of XRP? According to analysis by Cheeky Crypto, if the full 100 billion supply of XRP is used in the calculation, the implied price at a $10 trillion market cap would be approximately $100 per token.

However, using the reported circulating supply of 62.74 billion XRP produces an implied price of about $159. This discrepancy highlights the importance of understanding the assumptions behind any price target or prediction. The $179.50 XRP price target mentioned in some online discussions assumes a supply of about 55.7 billion XRP, which is below the circulating supply.

The analysis also notes that XRP's escrow system is another factor to consider when looking at long-term price calculations. With approximately 37.5 billion XRP remaining in Ripple's escrow and 1 billion scheduled to be released each month, changes in circulating supply can significantly impact the price required to reach a specific market capitalization.

In fact, using the full 100 billion XRP supply gives an implied price of approximately $100, making it a lower long-term calculation than the $159 figure based on current circulating supply. This demonstrates that the assumptions behind any price target or prediction can significantly impact the outcome.