brian7683

How high will XRP dominance go? 10%?

Long
CRYPTOCAP:XRP.D   Market Cap XRP Dominance, %
May 2017, the XRP dominance went up to 30%. I'm sorry to say I don't think that's ever going to happen again. That's just too much!

We are at 3.5% now. The 4% resistance will be hard to break but it will happen thanks to the trial decision.

I think the top is at 10%.
10% of the whole crypto market cap! If we are at $5T. 10% is at $500B. Ripple is at 41B now. That's a 12x from here. If they don't release more coins that's a $0.8 x 10 = $9.6.

Between $5 and $10 is definately possible.

What do you think?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.