A few investors say ripple can only go so high as 5 USD because of the low market cap. When it hits 5 USD ( lets say ) the market cap will be way to high to do anything else. Thought ?
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Yes of course, the price can go above 10+, it depends on the trading in the exchages. If demand overcome supply then more likely it will go up.
There is no law that prevent price from going up. Market cap is only reference for investors and traders.