We need to have a serious talk about Marketcaps.

On the XRP sub and other places filled with XRP Maxis, people are saying XRP is going to hit $100 as if it’s a very real and very feasible target for the community. Let’s talk about what exactly that would look like. XRP has a circulating supply of 57B. At a price of $100 each that would put the marketcap of XRP at $5.7T. OVER 3X the current marketcap of BTC, and this doesn’t even consider the inevitable increase in circulating supply as time passes.

Look I get it, it’s fun to dream about 25x (or 250x gains for people talking about XRP to $1,000 – I’m dead serious people are talking about this) but don’t let those dreams cause you to make bad investment decisions.

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You want to know what other community was talking about having a $5.9T marketcap in 2021? In 2021 Shiba Inu to $.01 was all the rage as people swore that it was a realistic and feasible target for the meme token and many made terrible investment decisions as a result swearing that Shiba Inu was going to hit $.01. Looking at Shiba Inu now it’s…. not even close to it’s 2021 ATH, and lets be clear will never hit $.01.

You’re welcome to dream about crazy crypto profits but don’t make bad investment decisions because of those crazy dreams.