XRP Eyes $100 Billion Market Cap: A Historic Comeback After Long Ongoing Lawsuit
Post XRP market cap reaches $100 billion: historic comeback after long litigation first appeared in Coinpedia FinTech News
XRP is on the verge of regaining its market capitalization of $100 billion, a milestone it achieved in 2018. At the time, XRP hit an all-time high of $3.13 per token, valuing it at $120.76 billion. XRP is currently priced at $1.66 and its higher circulating supply, which currently stands at 57.05 billion tokens, is increasing its market capitalization due to Ripple’s custodial issuance. In order to cross $100 billion, the price of XRP would need to increase slightly by 2.65% to reach $1.75. Achieving this milestone will increase XRP’s credibility, making it the 170th largest entity in the world, further solidifying its position in the crypto market and attracting new investors.
