Expert Explains Why The Market Cap Theory Doesn’t Apply To XRP | Bitcoinist.com

Market cap arguments always dominate debates around XRP’s long-term price potential, especially when double-digit and triple-digit targets are mentioned. Critics point to the altcoin’s large circul...

By · · 1 min read
Expert Explains Why The Market Cap Theory Doesn’t Apply To XRP | Bitcoinist.com

Source: Bitcoinist.com

Market cap arguments always dominate debates around XRP’s long-term price potential, especially when double-digit and triple-digit targets are mentioned. Critics point to the altcoin’s large circulating supply and compare its implied valuation to banks and major corporations, using that comparison as a reason to dismiss higher price scenarios. However, a few analysts also contend that […]