XRP Could Be Ready to Explode! The Market Cap Secret Revealed

[00:00:00]Hello everyone. As with you always, this is Rich doing another video today on XRP.

[00:00:08]So, I hope you're all having a wonderful day today wherever you are in this great great world. We're going to talk about XRP and I got to start with this. XRP has become the most bullish major cryptocurrency on social media.

[00:00:25]According According to on-chain analytics platform Santiment. Despite recent price weakness, retail traders are showing the highest level of fear of missing out in 5 weeks. They're showing the highest level of FOMO. Santiment intelligence reported that XRP recorded a positive to negative commentary ratio of 3.02 to 1 on Monday, the highest among the three largest cryptocurrencies it tracks. Ethereum ranked second at 2.31 to 1, while Bitcoin remained neutral at 1.40 to 1.

[00:01:09]So, even though the price of XRP is down, people are still bullish on XRP.

[00:01:17]And they also have that fear of missing out. I'm telling you now, the second XRP breaks out in any way, people are going to rush into XRP. Because they know what XRP is capable of. Do you want to be the person sitting there saying, "Well, I don't think XRP's going to hit this price point or that price point."

[00:01:42]Knowing that it absolutely can go parabolic and hit much higher price points, $20 plus, $50 plus. You know, a lot of people are going to be sidelined just because they listened to someone else telling them that based on market cap and previous cycles, it's never going to happen.

[00:02:05]Anyone else who saw this random 10% pump in Flare.

[00:02:10]So, this was not a glitch on Flare. This was actually a 10% wick up. I think when Flare breaks out, it's going to break out very hard when it happens. I think when it's going to happen when XRP breaks out, I think XRP's going to pull not only XLM up with it, but also Flare.

[00:02:33]But, I look at Flare as the greatest opportunity right now.

[00:02:37]It's sitting well under a penny.

[00:02:40]It's like a once-in-a-lifetime opportunity. People are going to be chasing Flare at a quarter. They're going to chase it at 50 cents, at a dollar. Even as the price continues upward, people are going to be chasing it. The time to stack it is now.

[00:02:59]Buying crypto now is like buying tech stocks in the 1990s.

[00:03:04]If you cannot sit through a 20 to 50% drawdown, I would recommend ETFs. But, if you can stay long, the data is very much in the favor of long-term holders.

[00:03:19]I think if you take advantage of this opportunity, if you're getting into crypto right now, ahead of the institutions, you're going to be in great shape as time goes on and as institutional adoption happens. Because we're going to see a boom in crypto like we've never seen before.

[00:03:40]Right now, it's like we're still stuck in the calm before the storm.

[00:03:46]The biggest gains in crypto have historically gone to projects that combine technology, utility, and timing.

[00:03:54]Take a listen to what Jake Klaver says about XLM and HBAR.

[00:03:59]>> How high do you think XLM and HBAR will go and why? Uh thank you. God bless.

[00:04:04]XLM, uh I think it's going to cap out around $1,000. I could be wrong. Maybe it goes higher than that, but my thought or my reasoning for that is the decimal places. In order to be able to transact micro payments, you need four decimal places to the right of the decimal. And there are seven decimal places uh for XLM. And so therefore, you'd have you'd have highest value that I think it could possibly go if it's a if it's facilitating those use cases would be $999.

[00:04:32].9999.

[00:04:35]And that's basically $1,000. And HBAR is interesting. HBAR, I think it's going to get all of the Web3 dApps. I think that Swift is going to use it for uh some pieces of it, not settlement. Uh it could be used domestically for settlement, so not international remittance. Where you were settling you like dollar-to-dollar transactions, HBAR might be used in that capacity if both counterparties are okay with the same stablecoin that it's it's being settled in. So let's say it's like Circle and both parties trust that counterparty and they want USDC, you could probably move that over HBAR.

[00:05:08]Um or XLM.

[00:05:09]Hyperledger. But if if the counterparties that are transacting want something different on either side of the transaction than the value that they're paying with, I mean you're going to need a DEX or any other meter asset to be able to swap those. Um HBAR doesn't have a DEX built in.

[00:05:25]Um it doesn't have a liquidity sourcing tool. It's great for security and its scalable transactions and uh messaging, smart contract capability, uh and consensus. There's there's a bunch of things about HBAR that that work well.

[00:05:40]But again, the fees are fixed as a dollar-denominated amount. So as it scales, you know, HBAR, probably something similar to XLM, maybe a thousand dollars a piece is a realistic long-term, you know, over the next 5 to 10 year.

[00:05:54]>> So, he thinks that XLM and HBAR will hit a thousand dollars. He even believes that XLM will cap out at a thousand dollars. I always see people saying XLM's going to go to like 5K, 15K, and so on.

[00:06:11]So, I don't know if Jake is right or if he is wrong, but hey, I could live with a thousand dollar XLM or a thousand dollar HBAR. But, he also broke down why it's so important to have a DEX like what we see for the XRP ledger.

[00:06:30]Everyone thinks they're wrong. Just wait until you see. Take a listen to this and you'll remember this clip. It's the guys from Easy A talking about XRP going to a thousand dollars.

[00:06:44]>> You guys really think XRP's going over ten dollars?

[00:06:47]>> Oh, definitely. For sure.

[00:06:49]>> Dude, that's just not going to >> Remember the Remember the XRP to what was it? 500 and 589.

[00:06:55]>> I think these dollars are for a thousand.

[00:06:57]>> No, I think yeah, I think it could go over a thousand definitely in the next four to five years.

[00:07:02]>> But, wouldn't that like put it above the the market cap of Yeah, look.

[00:07:09]>> Well, you know, you look at Bitcoin, right? You look at Bitcoin. I mean, why is Bitcoin valued more than, you know, most major companies out there when Bitcoin doesn't do anything? I don't think, you know, when you look at crypto and you look at market caps, there isn't really like a, you know, there isn't really a ceiling to be honest.

[00:07:24]>> You know what? XRP would be 50 to 100 trillion dollar market cap at a thousand in in that range.

[00:07:31]>> That'd be what? 25 Yeah, 30. Let's book 2030 on the calendar and then let's let's rethink and look at the charts.

[00:07:39]>> Okay. And so, should we put a bet on it then it as well?

[00:07:42]>> Yeah, we can. I mean, we will uh we'll think about a a good way to structure the bet. Yeah, we can put some money in escrow or something. So, uh yeah.

[00:07:48]>> Oh, I'm just giving you some man.

[00:07:50]Uh thanks, guys, for coming >> They are very confident that XRP is going to go to a thousand dollars.

[00:07:59]And Dom Quirk actually broke this down.

[00:08:02]He said, "Market cap does not apply to crypto. In fact, I'd go as far as to say it's completely irrelevant." And he talks about where he did his undergrad and so on. He said, "I valued hundreds of assets across every major industry.

[00:08:20]Understandably, many of you have asked for my thoughts on why market cap doesn't matter. So, here's why. Stocks versus crypto market caps. The most common mistake people make is comparing the market cap of a stock to that of a token. Many people claim that X token can reach Y market cap because it would be worth more than Apple or Nvidia.

[00:08:42]To understand why this is incorrect, it's important to note how market cap is measured differently for stocks versus crypto. Stock market cap equals share price x no number of shares outstanding.

[00:08:58]Crypto market cap equals token price times circulating supply. As you can see, you're measuring two entirely different things. But then he goes on to also point out about the market cap multiplier for XRP.

[00:09:15]And I asked Rock, "Highest market cap multiplier for XRP?" The highest commonly discussed market cap multiplier for XRP is around 490X with reports of 500X to 1250X in specific short-term periods. Nobody really talks about the market cap. And the reason why the market cap multiplier is so important because you could see $17 million come in to XRP and it'll drive an 8.36 billion dollar market cap increase, which is a But I want to remind you the market cap multiplier works the opposite way as well. As money leaves XRP, it could also drive the price down very quickly.

[00:10:15]But we are coming into a time where we're going to start to see supply and demand as well. So think about the supply diminishing, disappearing, and the demand continuing to rise, and the market cap multiplier of maybe being around the 500X, you have the perfect storm for XRP to surge to price points. I'm talking crazy price points like two, three hundred dollars in a very short period of time.

[00:10:46]People are not prepared for that.

[00:10:48]Because most people in crypto are still stuck on previous cycles and market caps. Once you look beyond the market cap, things change quickly. And market cap does not matter when it comes to XRP.

[00:11:05]By holding XRP right now, your name will be spoken by your family for generations.

[00:11:12]By holding XRP right now and continuing to hold it into the future, you will become a legend. I'm telling you now, people will be talking about this time right now in a year or two from now saying that I wish I could go back to when XRP was just above a dollar. I wish I could go back and back up the truck one last time at those price points.

[00:11:38]When XRP is sitting at 40 or 50 dollars, because I believe we are going to surpass those conservative price points that all the chart guys are calling for 27 dollars. I still believe we're going higher than that.

[00:11:55]Jeff Bezos said, I've created 2.1 trillion dollars of wealth for other people. Take a listen to this.

[00:12:03]>> I I I sometimes wish that there were a um And maybe you can do this, Andrew, or maybe the Washington Post will do this, but somebody needs to make a list where they rank people by how much wealth they've created for other people.

[00:12:20]And so instead of the Forbes list that ranks you by your own wealth. So, you know, Amazon's market cap is 2.3 trillion today. I own about, you know, 200 billion-ish of it.

[00:12:35]So, if you take 2.3 billion and subtract out the piece I kept for myself, then, you know, I've created something like 2.1 trillion of wealth for other people.

[00:12:47]That should put me pretty high on some kind of list.

[00:12:50]And uh and that's a better list. You know, uh what how much wealth have you created for other people? You know, >> Think about this when it comes to you buying XRP right now. You are building wealth now for your children, for your grandchildren, or maybe you even cash out and you start a business and you make a very successful business and you make other people wealthy at the same time.

[00:13:20]People always will create money for other people and we're doing it right now by buying XRP right now. But, I do believe there should be a list like that as well, because even Elon Musk, he created a lot of wealth for other people. Most billionaires created a lot of wealth for people around them and people even beyond the people around them. Crypto is already an everyday payments tool for sending money to family and friends, spending at the checkout, running small businesses, making donations, and paying contractors across borders. So, 40% of of holders use crypto to shop and pay. 37% of construction workers accept crypto payments. 39% of US merchants accept crypto at checkout.

[00:14:14]Me, I am not ready to shop with my XRP.

[00:14:19]I just don't see a need to buy things with XRP right now. Now, in the future, when we are able to transact directly from your wallet to someone else's wallet, I could see the value in that.

[00:14:33]Maybe you get a roof put on your house, and it cost you X amount of XRP, or you buy a house, and it cost you X amount of XRP. As the price of XRP rises, it would going to be a lot easier to shop with XRP. But, think about buying even a cup of coffee right now with XRP at Starbucks. What's it going to cost you? Like six XRP? What's the sense of that? Do you know what six XRP could be worth in the future? Well, at three digits, it's going to be worth $600.

[00:15:09]Four digits, it's now going to be worth $6,000, and so on.

[00:15:15]But, people I do know are using and shopping with XRP are because you see it on X already.

[00:15:24]I just don't see the need to do that.

[00:15:27]The company that owns 9% of Ripple doesn't want to use XRP. Why are they using Solana and Link instead?

[00:15:36]So you see just in 230 billion dollar SBI Holdings teams up with Solana to create Japan's first crypto financial market. SBI says it will use Solana's high-speed low-cost network and support JPY stablecoins, tokenize real-world assets, cross-border payments, and so on.

[00:15:59]But here's the thing, you cannot settle with Solana. And I don't see how cross-border payments are going to work with Solana whenever the network goes down. What I think they're really building here is this, it's a multi-chain world. This doesn't mean that they're choosing Solana or Link over XRP. They're just bringing certain networks together.

[00:16:24]And that's what's been going on for a while. Remember, it's not one coin to rule them all. It's a handful of coins to rule the world. And the same thing goes with networks. But people will use this as fud for months when it comes to XRP. But SBI is still still doing a lot of very big things around Ripple and XRP as well.

[00:16:51]And until it all happens, stay patient, stay positive, and let's get rich together. With that said, I'm going to wrap up this video. I want to thank you all for watching. I appreciate all of you. I'll see you in the next one. Have a good night.