Pundit Explains Why Ripple’s XRP Will Hit $100 Price Despite Doubts About Its Market Cap

As XRP holders eye the elusive $100 milestone, a popular voice in the crypto community has ignited fresh debate by challenging traditional valuation logic. John Squire, a crypto investor with over 520,000 followers on X, posted a thread Wednesday dismantling the widely held belief that XRP’s market cap places a ceiling on its price potential. “ They say XRP can’t hit $100 because of market cap. Bro, if you’re still using Excel logic to predict the future, you’re already late,” Squire wrote , noting that the price ceiling “is made of cardboard.” Notably, Squire’s core argument hinged on a fundamental misunderstanding of market capitalization, which he described as a “vanity metric.” According to him, the concept of market capitalization is fundamentally misunderstood in the crypto space. “ Market cap ain’t a wall, it’s just price multiplied by supply,” he explained. “ It doesn’t represent actual money, liquidity, or demand. Saying XRP can’t moon because of market cap is like saying no one can afford a Ferrari because the average salary is low.” He argued that market cap is a passive calculation, not a barrier, that fails to account for real-world dynamics like investor behavior, liquidity inflows, and token availability. He further pointed to liquidity as XRP ’s secret weapon. A historical example showed that an $80 million inflow once pushed XRP’s market cap up by $17 billion, demonstrating how small amounts of capital can trigger massive moves. “ That’s pure leverage on steroids,” Squire said, emphasizing that less than 5% of XRP’s total supply is actively traded, while the rest is locked up or being held by long-term investors. This scarcity, he argued, creates the perfect storm for a price explosion when demand rises. The pundit further highlighted XRP’s strong real-world utility potential. “XRP isn’t a meme coin. It was built to move money across borders,” he wrote. “This is infrastructure, not fantasy.” According to the pundit, with real-time settlement capabilities and existing partnerships with banks and financial institutions , XRP already plays a role in global payments. He also highlighted the expanding XRP ecosystem, including EVM-compatible sidechains, DeFi platforms, and passive income tools,as indicators that XRP is evolving beyond a single-purpose asset. That said, he noted these considerations could easily push XRP to $100 this cycle. “$8B in inflows could push it to $30–$40 easy. Now throw in ETFs, global adoption, and some well-timed FOMO… $100 isn’t crazy. It’s possible.” Supporting this outlook, analysts at Sistine Research compared XRP’s current setup to its 2017 rally, suggesting a repeat of the same. “ Target for XRP is $33 – $50. Feels a bit conservative as we’re following a very similar pattern as 2017, but much larger.” The analysts wrote on Wednesday. “ If you’re willing to measure as a cup and handle, targets could be as high as $77 to $100.” At the time of writing, XRP was trading at $2.20, representing a 3.61% decline over the past 24 hours.

Source: ZyCrypto