XRP Patriot Sees $1 Million Milestone at $200 Price Target
XRP Patriot has sparked debate in the XRP community by suggesting that 5,000 XRP would be enough to become a millionaire if the token reaches $200. This prediction is based on the idea that market cap is irrelevant to XRP's growth and that it could reach this level soon.
According to XRP Patriot, at $200, 5,000 XRP would equal $1 million with a market cap of approximately $12.5 trillion. At $100, the same holding would be worth $500,000, with a market cap of $6.27 trillion. This view is supported by experts who believe that XRP could serve as a settlement asset and process large transaction flows through repeated use.
However, critics argue that this is unrealistic, pointing out that market cap comes from the last traded price multiplied by circulating supply. It's also noted that this figure does not equal the money required to move the price to that level.