A YouTuber debunks the claim that XRP will hit $92 by June. For that price, Bitcoin's market cap would need to hit $50 trillion and Ethereum $30 trillion. He calls the prediction "complete utter bullshit" but admits it's theoretically possible if the entire crypto market explodes.
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Oh my goodness, the headlines have predicted XRP to go to $92 by June 14th. Will this happen? What are my thoughts? The harsh truth, man, is that this will not happen for a very, very long time. The amount of world-changing things that have to happen to the world for this number to be possible— I believe it's possible. $92 XRP is possible, but this would require Bitcoin's market cap to be at like $50 trillion. Right? Because if Bitcoin's market cap goes to $50 trillion, that probably means Ethereum's market cap is $30 trillion. And then what's the problem with XRP's being $15, $17 trillion? Right? So the, the, as Bitcoin goes up, the market moves with it. But this is complete utter bullshit. It will not be anywhere close to that on June 14th.