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The possibility of XRP reaching $1,200 has sparked debate, with some analysts drawing parallels to Bitcoin's historic price surge. However, critics highlight XRP's significantly larger supply of 100 billion coins, which would require an unrealistic market capitalization of $120 trillion to achieve that price. This contrasts sharply with Bitcoin's market cap during its rise, raising doubts about XRP's potential for similar growth.
Nathan Goldstein
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
XRP price surge to 1200 faces challenges from supply constraints
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