Crypto Patel says $50 XRP target unrealistic, sets $10 as long-term goal

Technical analyst Crypto Patel has challenged widespread bullish predictions for $XRP, stating that a $50 price target is mathematically unrealistic given the token’s large circulating supply and the current size of the cryptocurrency market. Patel, known on social media for his market breakdowns and direct approach, presented calculations showing that $XRP would require a $3.17 trillion market capitalization to achieve a $50 price, while the overall crypto market cap currently stands near $2.5 trillion. By multiplying the circulating supply of 63.51 billion XRP tokens by a $50 price, Patel calculates a required market cap of $3.17 trillion. He pointed out that this figure would not only surpass the current combined value of all cryptocurrencies but also implies unprecedented market expansion for a single asset.

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