Markets

What if XCN occupies 10% of the XRP market ceiling? The math of price revealed


Onyxcoin (XCN) and Ripple XRP can be very different in volume and market size, but both try to solve problems in the same room: chip -based financial services. XRP already has a mass market cap, XCN is still under the radar. But some investors start to think: what if XCN managed to grab only a fraction of the XRP market share?

We share what this would mean for Xcn Price, and why it may not be as far reaching as it sounds.

If XCN takes 10% of the value of the XRP, what happens?

Currently, the XRP sits in a market of about $ 126.5 billion. If the XCN only grabs 10%, about $ 12.65 billion, its price will rise.

Assuming that the total offer of the XCN is 48 billion chips, this assessment will push its price to about $ 0.2635. This is more than 13 times from where it is today, at a price of $ 0.0179.

Of course, this theoretical scenario. But the numbers give us an idea of ​​XCN's price upside down as it starts to get serious traction.

Why do people compare Xcn to XRP

Both Xrp And XCN is designed for cases of financial use of the real world. The XRP focuses on fast, cheap cross -border payments. XCN, on the other hand, talks about marked assets and smart contract -based institutional finances.

Because of this shared focus, these analysts and traders often mention in the same soul. And when the XRP is boosting from ETF attachments and institutional interest, many now look at XCN as a smaller, potentially high-priced alternative.

XCN's lower market cap gives more space to grow

Some believe that XCN has more space to move due to a smaller size. Crypto analyst Lee captain mentioned this exact point in one of his videos, highlighting a better risk profile For Xcn compared to XRP.

This idea is not new in cryptos; Smaller coins often rally harder than the big ones like the XRP or Ethereum lead. If the XRP is constantly pushing up, we can see a similar answer in its shadow.

Follow us on X (Twitter)To do, Coinmarketcap and Binance Square For everyday crypto innovations.
Read our recent cryptocurrency updates, news and technical analysis here.

We recommend Etorot

We recommend Etorot

Do not invest if you are willing to lose all the money you invest. This is a high -risk investment and you should not expect you to be protected if something goes wrong. Take 2 minutes to get more information

Active user communities and social functions such as news flow, conversations for specific coins available for trading.
A wide selection of assets: cryptocurrency along with other investment products, such as stocks and ETFs.
Copying: Allows users to copy free traders' transactions for free.
User -friendly: ETORO's web -based platform and mobile application are user -friendly and easy to navigate.

intelligent crypto
How is it Regular people earn as much as 70% without risks a year? Set up a proper free Pionex Grid Bot – Click the button for more information.
Crypto arbitration still works like a charm if you do it right! See Alphador by leading Crypto Arbitrage Bot to learn the best way.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblocker Detected

Please consider supporting us by disabling your ad blocker