I mean, just 100 dollars would equal to 6 trillion marketcap give or take. The coinmarketcap shows that there are 59.3 billion XRP's circulating supply, that means, if you multiply that with 100, that would be 6 trillion dollars.
By comparison, bitcoin itself has 2.3 trillion. So 100 dollars would mean more than double what bitcoin is today, nearly triple give or take if you round it off. So it is clear to say that its impossible for XRP to reach 100 dollars in our life time, unless there is some insane inflation happens. And I mean like covid level inflation isn't even enough, you need equivalent of 10 covids' effect in a row for that to be even feasible situation. This is why we can easily say that it is not going to happen in our life time.
True. But remember that Bitcoin will experience an increase in market cap over time. So if XRP goes all the way towards a $6T market cap, BTC will already be 2x - 3x higher than that. The thing is, XRP will always remain behind BTC in market cap. "You can't beat the real thing".
I know there's a lot of enthusiasm in XRP, but the fact is, the parent company (Ripple, Inc.) holds a lot of the coins in circulation (meaning, it can dump it all and crash market prices along with it). The "cryptocurrency" also lacks real use cases compared to the rest of its rivals. It's just an overhyped, centralized ledger meant to serve the needs of banks and businesses alike. You can see why many prefer BTC above all else. Compare XRP's gains vs Bitcoin's in terms of USD, and you'll realize that you'll earn much more money in the long run by holding BTC alone. It's your choice...
Yeah, exactly the math alone already shows how unrealistic $100 for xrp is unless something world changing happens the supply is just too big and when you stack that against bitcoin’s dominance it becomes even clearer bitcoin keeps proving itself cycle after cycle while xrp is still stuck with centralization issues and heavy bags held by ripple labs, sure there’s hype and narratives around xrp especially with banks but hype doesn’t beat fundamentals bitcoin is decentralized scarce and proven to grow over time while xrp has limited use cases and the risk of ripple dumping coins on the market that’s why most serious investors still put btc above everything else.
Another thing is liquidity and adoption if you look around the world governments institutions and even retail are way more open to bitcoin than to xrp bitcoin has etfs legal frameworks and wider trust while xrp still fights legal battles and lacks clarity this difference in adoption creates a huge gap in growth potential, and we also need to think long term bitcoin is designed to be deflationary with halvings reducing supply every four years while xrp doesn’t have that scarcity feature over time scarcity combined with trust makes btc the better store of value which is why investors keep flocking to it. So even if people dream of $100 xrp the more realistic long term play has always been bitcoin it has the stronger track record real adoption and far better chance of compounding value over the years while xrp will likely remain speculative and behind btc in every cycle.