Josh Lin, a Ripple employee Labs Inc. has given his verdict as to how ridiculous it is for the price of XRP to amount to $100 by 2020.
According to Josh, it would practically impossible for the price of XRP to kick-jump to $100 as that would sum up the whole entire market cap of XRP to $10 trillion.
If this is from a question answer session it is ridiculous for someone to ask about the price of XRP getting to $100 when it is hard to get to a dollar According to Josh, it would practically impossible for the price of XRP to kick-jump to $100 as that would sum up the whole entire market cap of XRP to $10 trillion.
. With the legal troubles they are going through it might get a long time before clearing everything and by the time the bull market will be over and the wait for the price to reach a dollar extends to another bull run .According to his reply to a question on Quora, Josh confirmed that Bitcoin, which has a market cap of Bitcoin of about $165 billion has taken the major chunk of whole crypto market, which is worth about $227 billion. Hence, he doesn’t seem to see how XRP would dominate the others considering the value and rate of use.
BTCitcoin is having the major chunk of the whole cryptocurrency market because it is the only decentralized coin that created this market and then paved the way for these centralized coins as well along with thousands of other shit coins and projects and none of the coins can topple that in the near future.