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I admire the conviction that all XRP Maxis have
But I really don't fully understand them.
From current prices, a x5 would place it in second place in market cap, with a capitalization three times higher than ETH
A x10 would put it halfway to bitcoin's market cap
To do a x20 it would need the same market cap as bitcoin
And let's not even talk about reaching zero and hitting $100 like some crazy people think.
Do you really believe XRP will manage to attract 5 times more capital than bitcoin?
Even with Nvidia's current market cap, which generates billions in profits annually, the price would not reach $90
What are the real reasons that will bring hundreds of billions into XRP?
An asset that generates at most $1B selling software and that annually uses none of that capital for buybacks
I want to better understand that conviction that some have. Can someone explain and break it down for me? I think it's rather overvalued.