What Would XRP Be Worth at a $500 Billion Market Cap? The Answer May Surprise You

Ripple’s native token is among the most popular cryptocurrencies, often being the object of massive price predictions. Impressive rallies like the one that took place in the past 10 days or so only fuel such forecasts.

Popular analyst EGRAG CRYPTO approached the question from a different direction. Instead of starting with an XRP price target directly, he calculated what the asset could actually be worth if its market cap eventually tapped $500 billion.

The Math Before we get into the analyst’s math, let’s look at the final answer: $7 per XRP. That’s if we assume that Ripple continues distributing tokens from escrow at its recent pace.

The current number of tokens in circulation stands at 62.74 billion, according to data from CoinMarketCap. With that supply unchanged, a $500 billion market cap would translate into a price of almost $8 per XRP. However, the asset’s supply does not remain still.