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The post <a href="https://coinpedia.org/news/how-high-xrp-price-can-go-if-it-hits-ethereums-current-market-cap-of-299b/">Is XRP Really Undervalued? Deep Dive Into the Price and Market Cap Potential</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
<a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP</a>, currently battling to maintain the $0.57 mark, is considered by many as an undervalued token in the cryptocurrency market. The big question circulating: What if XRP could match Ethereum’s substantial $299 billion market cap? 
<h2 class="wp-block-heading" id="h-xrp-s-rise-and-fall">XRP’s Rise and Fall</h2> 
XRP once <a href="https://coinpedia.org/price-analysis/how-investing-just-1000-now-in-ripples-xrp-could-turn-you-into-a-millionaire-find-out-how/">stood as the second-largest </a>cryptocurrency after Bitcoin and held its position until Ethereum surged in 2016. The battle for supremacy continued until December 2017, when XRP’s market cap soared to $95.8 billion, surpassing Ethereum’s $70 billion. <a href="https://coinpedia.org/news/crypto-news-asia-bitcoin-ethereum-surge-while-the-crypto-market-cap-soars-a-little/">Ethereum regained</a> the second spot, and the battle continued until late 2019. 
The SEC lawsuit in December 2020 cast a shadow, impacting XRP’s standing. Despite Ethereum hitting $575 billion during the November 2021 bull run, XRP lagged at $60 billion. Now, it sits at the sixth spot among crypto assets, valued at $28.5 billion. 
Losing ground to Binance Coin (BNB), Tether (USDT), and Solana (SOL), XRP faces challenges. Formerly a rival to <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/">Ethereum</a>, it now strives for relevance. Analysts speculate on a potential XRP comeback, but uncertainties persist. 
Read More: <a href="https://coinpedia.org/price-analysis/xrp-price-breaks-above-the-bearish-pattern-how-long-can-it-go-this-week/">XRP Price Breaks Above the Bearish Pattern: How Long Can It Go This Week?</a> 
<h2 class="wp-block-heading" id="h-projected-xrp-prices">Projected XRP Prices</h2> 
If XRP were to mirror Ethereum’s market cap at $299 billion, each XRP coin could be valued at $5.53. A staggering 957% surge from its current $0.5727, this hypothetical price would rewrite the token’s narrative, marking a new all-time high. 
Dreaming big, if XRP reached a <a href="https://markets.coinpedia.org/xrp/">$1 trillion market cap</a> like Bitcoin, its potential price could be around $18 per coin. A bold move, this scenario hints at substantial growth for the resilient token. 
Looking Ahead 
While these projections are speculative, they fuel discussions about XRP’s potential and its ability to reclaim a more prominent position in the cryptocurrency market. 
Also Read: <a href="https://coinpedia.org/price-analysis/xrp-price-prediction-will-xrp-hit-1-in-march/">XRP Price Prediction: Will XRP Hit $1 In March?</a> 
Can XRP rise again, reclaiming its historical glory, and find a lasting place in the crypto realm? Keep an eye on this space.

Is XRP Really Undervalued? Deep Dive Into the Price and Market Cap Potential

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