The post XRP Price Could Outshine Nvidia’s 11,000% Rally, Expert Targets $60 appeared first on Coinpedia Fintech News
XRP could be one of the biggest hidden opportunities in the crypto market, according to Jake Claver, Managing Director of Digital Ascension Group. In an interview with Paul Barron Network, he said that the supply and demand dynamics for digital assets like XRP work very differently compared to traditional stocks, leading to major price surges once market conditions align.
Supply and Demand Works Differently in Crypto
Claver explained that in the stock market, liquidity is much higher and assets can be freely traded at all times. In crypto, especially for assets like XRP, the number of tokens actively available for trading is much smaller than the total supply. This means that large price movements can happen even without huge amounts of capital flowing in.
He referred to the “market cap multiplier” concept, shared by analyst Zach Rector, which shows that for certain digital assets, every $1 invested could potentially add $50 to the market cap due to the way liquidity works. If only two billion XRP are actively circulating, demand shocks can have a rapid and amplified impact on the price. “ You can absolutely see a $50 or $60 XRP,” Claver said.
The Nvidia Example
The host compared XRP’s potential to Nvidia’s stock performance. In October 2018, Nvidia was known mainly as a gaming company. From that point, its stock rose by more than 11,000% as it evolved into a leader in artificial intelligence technology.
XRP could experience a similar transformation. Today, XRP is a regulated digital asset that has survived the SEC lawsuit and retained a top-10 market cap position for years. Just as Nvidia shifted from gaming to AI leadership, XRP could become the “AI company” equivalent of the digital asset world, unlocking massive growth.
Why XRP Is a “Hidden Gem”
Despite being in the spotlight during its legal battle, XRP has remained one of the largest cryptocurrencies by market cap.
Claver warns that things could get “crazy” once institutional adoption picks up and utility-driven demand for XRP grows. With limited liquid supply and a proven ability to hold a top position in the market, XRP might be one major catalyst away from a dramatic price rally.
The post XRP Price Could Outshine Nvidia’s 11,000% Rally, Expert Targets $60 appeared first on Coinpedia Fintech News
XRP could be one of the biggest hidden opportunities in the crypto market, according to Jake Claver, Managing Director of Digital Ascension Group. In an interview with Paul Barron Network, he said that the supply and demand dynamics for digital assets like XRP work very differently compared to traditional stocks, leading to major price surges …
This articles is written by : Nermeen Nabil Khear Abdelmalak
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