My comments are full of:
"It looks like $QNT is heading toward $1,000, not $XRP."
Hello? State it clearly. That’s completely reasonable, and actually it doesn’t even need an explanation.
The QNT supply (14.6 million) makes $1,000 much more plausible. Scarcity makes the target range easier to reach.
XRP’s supply of 62 billion means that $1,000 would require a market cap of $62 trillion (bold of me to say that word), which is economically impossible.
We’re talking about nearly three times the current valuation of the gold stock on this planet for XRP to reach a valuation like that.
How the targets are just thrown out there like it’s nothing, while the general rejection of some factors outside of 'just keep going up' is still ongoing.. I mean..
https://www.binance.com/en/futures/ref/997429918
#PintarPakaiBinanceEaren
"It looks like $QNT is heading toward $1,000, not $XRP."
Hello? State it clearly. That’s completely reasonable, and actually it doesn’t even need an explanation.
The QNT supply (14.6 million) makes $1,000 much more plausible. Scarcity makes the target range easier to reach.
XRP’s supply of 62 billion means that $1,000 would require a market cap of $62 trillion (bold of me to say that word), which is economically impossible.
We’re talking about nearly three times the current valuation of the gold stock on this planet for XRP to reach a valuation like that.
How the targets are just thrown out there like it’s nothing, while the general rejection of some factors outside of 'just keep going up' is still ongoing.. I mean..
https://www.binance.com/en/futures/ref/997429918
#PintarPakaiBinanceEaren
