If XRP claims a noble price, how much XRP should you hold to outweigh Tesla CEO Elon Musk?
XRP currently trades at $3.1, an increase of 447% over the past year, but multiple market commentators have argued it is largely undervalued. For example, May, Digital Ascension Group President Jake Cluber Proposed That XRP was still “heavy” underrated.
XRP surge forecasts are $100, $1,000, and even $2,000
These market commentators often point to the potential of XRP in the payment sector. Cryptocurrency assets I did it Observe A dramatic price surge in the near future. Interestingly, the following targets are: $100 sparked skepticismothers have already focused on bolder goals like $1,000.
How much does it surpass Elon Musk?
How unfeasible is most investors look This goal has been evaluated recently how much That will affect their holdings. In particular, we assessed how much investors need to hold to match Tesla CEO Elon Musk, the world’s wealthiest man.
Elon Musk Net Worth | Forbes
especially, data From Forbes, Musk has confirmed that it currently boasts a net worth of $413.8 billion at the time of press. XRP has ever been I’ll insist Prices of $2,000 per token, market participants must hold Around it 206.9 million XRP tokens arrival $413.8 billion. Today, these 206.9 million tokens can be raised for $641.39 million.
Interestingly, 10 months ago, November 2024, before XRP’s latest explosive surge, investors could have collected these 206.9 million XRP tokens At the price of $1345 million.
Nevertheless, the $2,000 XRP price drives the token’s market capitalization to $118.8 trillion. Higher Total Global M2 Money Supply in About $95 trillion. This makes the $2,000 price very unlikely.
