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Unlike XRP, Bitcoin isn't backed by any individual or company that can issue more supply. There are 19.8 million Bitcoins in circulation right now, but there will only ever be a maximum of 21 million.
Image source: Getty Images. The case for Bitcoin: A reliable store of value. Bitcoin's market capitalization of $2.1 trillion makes it the world's largest cryptocurrency. Thanks to its ...
Bitcoin's market cap would have to soar 863% to match that, which translates to a price per coin of around $929,000 (based on the current supply of 19.8 million Bitcoins).
That stunning rally boosted XRP's market cap to roughly $180 billion, which made it the world's third most valuable cryptocurrency, after Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
But to be clear, I don't believe the token will get to the $1 trillion mark, which currently only Bitcoin has surpassed, by 2040. I'd also be critical of XRP reaching that valuation ever.
At $5 per token, XRP would have a market cap of around $290 billion, which is still a fraction of Bitcoin's $2 trillion market cap. Bitcoin is the world's largest cryptocurrency , but it doesn't ...
This is one of the biggest things XRP has going for it. XRP is cheap. Bitcoin transaction fees can be as much as $20 or $30 and could be much more depending on market conditions. Normal RippleNet ...
XRP's recent rally was kicked off by Donald Trump's victory last November. Its token price has risen 430% across the stretch, and the cryptocurrency now has a total market capitalization of $183 ...