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$24.50 per $XRP, multiplied across 62.7 billion coins in circulation, puts XRP's market capitalization at roughly $1.54 trillion, matching Bitcoin's current range and closing a gap that stood at about $1.49 trillion at September 12 prices ($1.36 for XRP, $77,310 for $BTC).
Ripple CTO Emeritus David Schwartz said on an X Spaces on September 9 that he expects XRP to eventually surpass Bitcoin in market value, with one condition: the move has to come from XRP growing faster, not from Bitcoin losing ground.
| Metric | Figure | Source | |---|---|---| | XRP price (Sep 12) | $1.36 | Reported | | $BTC price (Sep 12) | $77,310 | Reported | | Bitcoin market cap | $1.54T-$1.58T | Reported | | XRP market cap | $85B-$89B | Reported | | Cap gap | $1.49T | Reported | | XRP flip price (62.7B coins) | $24.50 | Market math | | Multiple vs.
XRP ATH ($3.84, Jan 2018) | 6.4x | Market math | | XRP 1-month gain | 34.59% | Reported | | $BTC 1-month gain | 21.77% | Reported | The arithmetic of the flip Schwartz, an architect of the XRP Ledger, the settlement network that clears XRP transactions, was responding to a listener named Angie on an X Spaces hosted by ILLY.
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