Here are the Inflows XRP Needs to Hit $100 and $1,000

A well-known market pundit has shared what he believes are the inflows XRP would need to reach three-digit and four-digit prices.

Despite XRP’s recent journey above the $3 price milestone, several market participants insist that its current price is undervalued. As a result, multiple industry experts have projected lofty price targets for XRP, with the $100 and $1,000 figures featuring prominently.

Why Investors Remain Skeptical About an XRP Run to $100 and $1,000

However, critics and proponents alike have expressed doubt that XRP could hit these price levels, considering its current circulating supply and the possible market cap implications. Specifically, with a 59 billion circulating supply, a $100 price would push XRP’s market cap to $5.9 trillion. Meanwhile, a $1,000 value would take the valuation to $59 trillion.

According to Rector, for XRP to reach a $100 price, it may need net capital inflows of about $11 billion to $58 billion. Recall that XRP would need to have a $5.9 trillion market cap for a $100 price.

Zach Rector on X

For $11 billion net inflows to lead to this $5.9 trillion, XRP would need to see a 536x inflow-to-valuation multiplier. Meanwhile, for $58 billion net inflows to lead to $5.9 trillion market cap, XRP must boast an inflow-to-valuation multiplier of around 101x.

Further, with the $1,000 price target, Rector suggested that XRP might need net inflows of around $118 billion to $589 billion. For context, to reach the $1,000 price, XRP’s market cap needs to hit $59 trillion.

Now, considering a $118 billion in net inflows, XRP would need to accommodate a market cap multiplier of around 500x to reach a $59 trillion market cap. Meanwhile, XRP would require a multiplier of about 100x to reach a $59 trillion market cap with $589 billion in net inflows.

Interestingly, Rector has documented cases of XRP’s market cap multiplier reaching massive levels. For instance, in March, he showed that XRP recorded a 212x multiplier within a four-hour period. He also suggested that he has observed multipliers of up to 589x.

Predictions of XRP to $100 and $1,000

Notably, the $100 and $1,000 price predictions has dominated the community in recent times. Last month, XRP community commentator Edoardo Farina revealed that no event would make him sell his XRP below the $100 price mark.

Earlier, in March, Farina insisted that XRP ought to be trading above the $100 price level under normal circumstances. In June, the Modern Investor also suggested that the XRP market is still early, as XRP is not yet trading for $100.

However, while market participants are still struggling to come to terms with a future where XRP changes hands at $100, Versan Aljarrah, founder of the Black Swan Capitalist, said in March that XRP to $100 is not enough. According to him, XRP should be trading at six digits. In April, the CryptoGuard COO predicted XRP to reach $1,000.