Cryptocurrency

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 <p class="paragraph">Crypto investors and <a rel="noopener noreferrer nofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a>rs often overlook the economics of cryptocurrencies’ supply inflation. Understanding this is key in a <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> as diverse as cryptocurrency.</p>
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 <p class="paragraph">In this report, Finbold looks at the XRP Ledger (XRP) economics from a different perspective. We have collected public <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> data from the leading indexes to understand the effects of an increased supply inflation. With that, it is possible to calculate the exact <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> XRP would <a rel="noopener noreferrer nofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a> if it ever hits the all<a rel="noopener noreferrer nofollow" title="-time" href="https://thebittimes.com/tag/time.html">-time</a> high <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> cap.</p>
 <p class="paragraph">In simple terms, an increase in supply generally counters the demand. The interplay of these two factors influences whether a cryptocurrency’s price rises or falls. Each cryptocurrency, including XRP, has its unique economic structure or ‘tokenomics.’</p>
 <p class="paragraph">XRP had an all-time high market cap of $128.498 billion on January 4, 2018, according to <em>TradingView</em>’s CRYPTOCAP index.</p>
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       Cryptocurrency 
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       <h3 class="font-bold leading-6 " id="this-move-could-trigger-xrp-s-aggressive-rally-past-1">This move could trigger XRP’s aggressive rally past $1</h3>
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 <p class="paragraph">Meanwhile, the token <a rel="noopener noreferrer nofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a>d for as high as $3.84 on the same day, as registered by <em>CoinMarketCap</em>. An inverse calculation suggests a circulating supply of 33.463 billion XRP at that time.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="662" src="https://cdn.thebittimes.com/images/2023/11/23/2123f1f85505a1363cd9895b7a79bd2e.webp" alt="CRYPTOCAP - XRP daily market capitalization" class="wp-image-139157" srcset="https://cdn.thebittimes.com/images/2023/11/23/2123f1f85505a1363cd9895b7a79bd2e.webp 1024w, https://cdn.thebittimes.com/images/2023/11/23/2123f1f85505a1363cd9895b7a79bd2e.webp 300w, https://cdn.thebittimes.com/images/2023/11/23/2123f1f85505a1363cd9895b7a79bd2e.webp 768w, https://cdn.thebittimes.com/images/2023/11/23/2123f1f85505a1363cd9895b7a79bd2e.webp 1536w, https://cdn.thebittimes.com/images/2023/11/23/2123f1f85505a1363cd9895b7a79bd2e.webp 1876w" sizes="(max-width: 1024px) 100vw, 1024px">
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   CRYPTOCAP – XRP daily market capitalization. Source: <em>TradingView</em>
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 <h2 class="wp-block-heading" id="h-xrp-supply-inflation-and-its-economic-effects">XRP supply inflation and its economic effects</h2>
 <p class="paragraph">Let’s explore XRP’s supply inflation and its economic implications. As of this writing, XRP Ledger has a circulating supply of 53.718 billion XRP. This results in a supply inflation of 20.255 XRP (60.52%) in approximately six years, or around 10% a year.</p>
 <figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="570" height="214" src="https://cdn.thebittimes.com/images/2023/11/23/b985e5d3a06ffd806e357630f69b7112.webp" alt="XRP supply." class="wp-image-139158" srcset="https://cdn.thebittimes.com/images/2023/11/23/b985e5d3a06ffd806e357630f69b7112.webp 570w, https://cdn.thebittimes.com/images/2023/11/23/b985e5d3a06ffd806e357630f69b7112.webp 300w" sizes="(max-width: 570px) 100vw, 570px">
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   XRP supply. Source: <em>CoinMarketCap</em>
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 <p class="paragraph">An XRP price projection also shows the economic effects of this inflation. In case the project reaches its highest speculative demand of $128.498 billion market cap, XRP would trade at a proportionally lower price than the corresponding all-time high.</p>
 <p class="paragraph">Considering the circulating supply on November 23, XRP would be priced at $2.39 per token at its highest capitalization. Interestingly, a loss of $1.45 (37.7%) from the previous price of $3.84 in 2018.</p>
 <p class="paragraph">However, this still indicates a potential 290% increase from the current price of $0.61.</p>
 <p class="paragraph">It is important to understand that the forecast requires the same demand as 2018 for XRP. In this context, there are no guarantees that this demand will ever be seen again. On the other hand, it is also possible that a higher demand surges in the following years.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/xrp-would-trade-at-this-price-if-it-hits-its-all-time-high-market-cap-tbt71388.html">https://thebittimes.com/xrp-would-trade-at-this-price-if-it-hits-its-all-time-high-market-cap-tbt71388.html</a></p>

XRP would trade at this price if it hits its all-time high market cap

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