Mason Versluis1.5 Million+ Creator, Founder, Investor

What Would Happen If $XRP Had $100T Flow Through It

Name: What Would Happen If $XRP Had $100T Flow Through It
Uploaded: 2023-11-06T15:40:34+00:00
Duration: 33 s
Channel: Mason Versluis
Description: In this brief commentary, the speaker clarifies a common misunderstanding about cryptocurrency market capitalization, emphasizing that a massive…

6 Nov 2023 · 1 min

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In this brief commentary, the speaker clarifies a common misunderstanding about cryptocurrency market capitalization, emphasizing that a massive transaction flow—such as $100 trillion moving through XRP—does not automatically raise XRP’s market cap because market cap reflects price multiplied by circulating supply, not transaction volume. He argues that to assess a coin’s impact, one should examine on‑chain and exchange volume instead. He lists the highest‑volume assets in the overall crypto market as Tether, Bitcoin, Ethereum, USDC, TrueUSD, and XRP, noting that among non‑stablecoins, Bitcoin, Ethereum, and XRP dominate volume. From this, he concludes that Bitcoin, Ethereum, and XRP constitute the “top three kings” of crypto by volume.

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If $100 trillion flows through XRP, that doesn't necessarily increase its market cap. Market cap does not mean how much money is flowing through the coin, right? That's not what market cap means. People don't understand that. You need to look at volume. The biggest volume that's being done on the entire market is actually Tether, then Bitcoin, ETH, USDC, TrueUSD, and XRP. So Bitcoin, ETH, and XRP doing the most volume aside from stablecoin. And this is what I'm trying to tell you, bro. The top 3 kings of crypto are Bitcoin, ETH, and XRP.