{"id":84297,"date":"2024-07-19T01:29:39","date_gmt":"2024-07-19T05:29:39","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=84297"},"modified":"2024-07-19T01:29:44","modified_gmt":"2024-07-19T05:29:44","slug":"xrp-could-surge-12074-to-match-apples-market-cap","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/xrp-could-surge-12074-to-match-apples-market-cap\/","title":{"rendered":"XRP Could Surge 12,074% to Match Apple’s Market Cap"},"content":{"rendered":"\n

One year after Judge Torres ruled XRP<\/a> is not a security, its price surged 20.5% to $0.5153, with a 10.12% gain in the past 24 hours.<\/p>\n\n\n\n

XRP investors were granted the much-needed clarification they sought on July 13, 2023, when Judge Analisa Torres declared that the coin was not a security.<\/p>\n\n\n\n

The weekly statistics showed a 20.5% increase in the price of XRP<\/a> to $0.5153, exactly one year after the summary judgment. At the time of publication, XRP has experienced a 10.12% increase in the past 24 hours.<\/p>\n\n\n\n

Investors' expectations of an imminent rally that could elevate the price to unprecedented heights have been reignited by XRP's exceptional performance over the past few days. As a result, some enthusiasts anticipate that XRP could potentially impact the valuation of the American technology company Apple in the future.<\/p>\n\n\n\n

We evaluated the price of XRP in the event that it surpassed the market capitalization of Apple shares using this projection. For the sake of context, Apple's market<\/a> capitalization is $3.54 trillion. Nevertheless, the current valuation of XRP is $28.83 billion, which is substantially lower than its previous valuation.<\/p>\n\n\n\n

This suggests that in order to reach Apple's market capitalization of $3.54 trillion, XRP's valuation must increase by 12,074% or 120.74x. If the circulating supply of XRP remains at its present level of 55.8 billion, a massive rally of 12,074% would result in a price of $62.7326, with the token currently trading at $0.5153.<\/p>\n\n\n\n

Although the $62 price may be deemed excessive by many, certain experts have previously established more ambitious objectives for the coin.<\/p>\n\n\n\n

Andrew Forte, a prominent crypto commentator, predicted that XRP could reach $100 by 2037, which is approximately 13 years from now. Additionally, 24HrsCrypto Media\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, another crypto enthusiast, established a $100 objective for XRP.<\/p>\n\n\n\n

To achieve the $100 target, XRP must increase by 59.4% from the projected $62.7326 price it could reach if it reaches Apple's market capitalization.<\/p>\n","protected":false},"excerpt":{"rendered":"

One year after Judge Torres ruled XRP is not a security, its price surged 20.5% to $0.5153, with a 10.12% gain in the past 24 hours. XRP investors were granted the much-needed clarification they sought on July 13, 2023, when Judge Analisa Torres declared that the coin was not a security. The weekly statistics showed […]<\/p>\n","protected":false},"author":36,"featured_media":84299,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[20649,146],"class_list":["post-84297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-apples-market-cap","tag-xrp"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/EVST24O4XNCIVERNNEVNNXAATY.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/84297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=84297"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/84297\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/84299"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=84297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=84297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=84297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}