This is what the $XRP haters get WRONG about market cap

I love that this is the exact example I gave a few years back on my own video. Not suggesting he stole it at all, but great minds think alike! 🤣🤣🙏

No I didn't see it but great minds do think alike🙏🏾💯

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I may or may not be considered an XRP hater but more so some of the audience than the coin.... nonetheless you presented this very well. Although I personally don't care if price goes to 1 million a coin if I can't sell.

Kinda like the Shane Ellis theory🎯

That’s the value of housing based on comparable. You don’t get comps on Bitcoin like houses. The market price is this price. All Bitcoin sells at a price at a specific time. If you want a Bitcoin to double with $2T market it needs to add $2T more in total purchases of Bitcoin.

Bruh ur delusional

Brother, XRP has great utility but majority of institutions will be utilizing the stablecoin and not need XRP itself. In terms of retail buyers, its extremely hard to see the crypto space have one token actually take that large amount of the pie. Even ETH hasn’t been able to.

Now think about someone in that same neighborhood needing to sell, and no buyers arrive because of the terrible smell of a newly constructed sewage plant nearby… they drop the price from 1MM to 900k, to 800k, to 7, 6, 5, still no takers… the wind changes and the stench is unbearable… the neighborhood panics and more sellers arrive… 300k, no takers, 200k, $100k… still no takers and people just move out because the stink and disease becomes so bad… the MC implodes, and people are left with a worthless asset as they just walk away…. The once highly desirable neighborhood loses its glimmer, and isn’t what they thought it was because it is built on drunk exuberance and social media wannabes, not 915.75 EH/s.

This is irrelevant - this argument could be made for every crypto…..why are you basing it on XRP?

Very nice, an inflow of a few billion could have a drastic impact on market cap.