XRP Price Limit Is a Myth And Can Go up to $100, Says Crypto Analyst

3 hours ago 5

Rommie Analytics

According to the analyst, many assume that XRP is capped in value because of its large circulating supply. But this thinking is flawed. Market capitalization, he explained, is not a price limiter, but simply the result of price multiplied by circulating supply.

To illustrate, he used a real estate analogy that saying XRP can’t hit $100 because of market cap is like saying no one can buy a $10 million home because the average house is $300,000. The argument fails to account for individual valuations within larger markets.

Liquidity Holds the Key

What truly influences XRP’s price, the analyst argued, is liquidity—or rather, the lack of it. He pointed to a past example where an $80 million inflow caused XRP’s market cap to spike by $17 billion. This disproportionate impact demonstrates how small capital movements can result in large price shifts, especially in thin markets.

Growing Ecosystem, Increasing Demand

Beyond speculation, the analyst emphasized XRP’s growing utility. Designed as a global payment platform, XRP is increasingly being adopted by financial institutions for high-volume, cross-border transactions.

He also pointed to future developments like DeFi integration, EVM-compatible sidechains, and passive income tools as catalysts for long-term value growth. Combined with XRP’s limited supply, these factors could drive significant demand—and price appreciation.

The post XRP Price Limit Is a Myth And Can Go up to $100, Says Crypto Analyst appeared first on Coindoo.

Read Entire Article