Here is what XRP might be worth if Bitcoin Marketcap has reached $ 200 trillion, according to the CEO

The price of XRP can reach a number of three numbers if the encryption market maintains cap As expected by Blockstream CEO.

Despite the ongoing uncertainty at the market level, encryption investors have maintained optimism in their assets, including XRP, as well as confidence. One of the main reasons behind this confidence is a large number of upwards surrounding the global encryption market.

The CEO of Blockstream Cap Bitcoin sees a market roof of 200 tons

For exampleAdam Al -DhahrParticipant founder and CEO of technology that focuses on Bitcoin, Blockstream, I suggested recently This bitcoin can demand a huge market worth $ 200 trillion. According to him, this growth can It is running Through Michael Celor strategy activities and other companies that focused on bitcoin accumulation.

It is worth noting, Public and private companies have It has been purchased 1.119 million bitcoin, 5.33 % of the total bitcoin supply, over the past years. The value of these symbols is currently $ 105 billion at the time of the press, with the strategy that maintains Elderly A share, as its score reaches 553,555 BTC at a value of $ 52.26 billion.

Back believes that this increasing trend of accumulation can lead to what Hyperbitcoinization calls, which contributes to a significant increase in its price and market withdrawal. However, if Bitcoin has ever claimed the maximum expected market of $ 200 trillion, which represents an increase of 10,595 % over the current number of $ 1.87 trillion, the altcoins like XRP will benefit from it.

this It is due to the severe association of the prices between Bitcoin and Altcoins such as XRP. especiallyData from CoinMarkcap confirm that XRP and Bitcoin have been circulated in the same direction during the past month, despite a slight deviation in price actions earlier. on.

XRP price if Bitcoin demands $ 200T rating

If this pattern continues, the public encryption market maintains its current dynamics, XRP price It can also rise, if Bitcoin gets the maximum market of $ 200 trillion. Specifically, if Bitcoin maintains its current hegemony of 64.73 % when it reaches a $ 200 trillion market, the maximum of the broader Crypto market will reach 309.02 trillion dollars.

On this rate, other assets This is amazing like Xrp You will also need to keep Relevant Hegemony or witnesses in addition to seeing the corresponding gains. Currently, XRP has 4.35 % market dominance. If it maintains this position when the broader market reaches 309.02 trillion dollars, its market cover will rise to 13.44 trillion dollars.

now, Looking at the current circulating offer of 58.5 billion XRP, the market ceiling is worth $ 13.44 trillion will translate into the price of XRP of $ 229 per code. this It would indicate an increase of 10,534 % of the current XRP price of $ 2.45, as it is in line with the high evaluation of the bitcoin market.

Although this price seems very ambitious for XRP, some market resources believe the original Capable He – is. However, they expect to happen in the coming years. For example, Telegaon analysts expect that XRP price will cross $ 200 by 2050, which expects the maximum price From $ 285.5 to Altcoin.

Changelly believes that XRP will reach $ 229.65 to $ 272.51 in January 2040.

On the other hand, with the current XRP supply of 57.3 billion in blood circulation and the total number of distinctive symbols, XRP You will need A $ 5.73 market roof to $ 100, much higher than the total encryption market today. Getting $ 300 or $ 500 would compete with the value of gold, which makes these prices very unrealistic in the near future.