Here are the Inflows XRP Needs to Hit $100 and $1,000

A well-known market pundit has shared what he believes are the inflows XRP would need to reach three-digit and four-digit prices.

Despite XRP’s recent journey above the $3 price milestone, several market participants insist that its current price is undervalued. As a result, multiple industry experts have projected lofty price targets for XRP, with the $100 and $1,000 figures featuring prominently.

Why Investors Remain Skeptical About an XRP Run to $100 and $1,000

However, critics and proponents alike have expressed doubt that XRP could hit these price levels, considering its current circulating supply and the possible market cap implications. Specifically, with a 59 billion circulating supply, a $100 price would push XRP’s market cap to $5.9 trillion. Meanwhile, a $1,000 value would take the valuation to $59 trillion.

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At a $5.9 trillion market cap, XRP’s valuation would be larger than the current crypto market cap at $3.8 trillion. Also, the $59 trillion market valuation would make XRP the largest asset globally, overtaking gold. These implications have contributed to the doubt among investors.

How Much Does XRP Need to Hit $100 and $1,000?

However, XRP would not actually require capital inflow equal to these valuations to reach the projected price targets. Despite this fact, it remains unclear how much capital it would need to welcome to hit the price levels. As a result, media personality Zach Rector recently made an assessment using market cap multipliers.

According to Rector, for XRP to reach a $100 price, it may need net capital inflows of about $11 billion to $58 billion. Recall that XRP would need to have a $5.9 trillion market cap for a $100 price.

For $11 billion net inflows to lead to this $5.9 trillion, XRP would need to see a 536x inflow-to-valuation multiplier. Meanwhile, for $58 billion net inflows to lead to $5.9 trillion market cap, XRP must boast an inflow-to-valuation multiplier of around 101x.

Further, with the $1,000 price target, Rector suggested that XRP might need net inflows of around $118 billion to $589 billion. For context, to reach the $1,000 price, XRP’s market cap needs to hit $59 trillion.

Now, considering a $118 billion in net inflows, XRP would need to accommodate a market cap multiplier of around 500x to reach a $59 trillion market cap. Meanwhile, XRP would require a multiplier of about 100x to reach a $59 trillion market cap with $589 billion in net inflows.

Interestingly, Rector has documented cases of XRP’s market cap multiplier reaching massive levels. For instance, in March, he showed that XRP recorded a 212x multiplier within a four-hour period. He also suggested that he has observed multipliers of up to 589x.

Predictions of XRP to $100 and $1,000

Notably, the $100 and $1,000 price predictions has dominated the community in recent times. Last month, XRP community commentator Edoardo Farina revealed that no event would make him sell his XRP below the $100 price mark. 

Earlier, in March, Farina insisted that XRP ought to be trading above the $100 price level under normal circumstances. In June, the Modern Investor also suggested that the XRP market is still early, as XRP is not yet trading for $100. 

However, while market participants are still struggling to come to terms with a future where XRP changes hands at $100, Versan Aljarrah, founder of the Black Swan Capitalist, said in March that XRP to $100 is not enough. According to him, XRP should be trading at six digits. In April, the CryptoGuard COO predicted XRP to reach $1,000.