Today we want to share with you another interesting idea.
Again thanks to Jeff Desjardins and visualcapitalist.com and their awesome infographic which summarizes global money dividing them into several asset classes.
As many cryptos go down or they remain still XRP showed a bit of strength lately.
Well, we have to be prepared for the correction but in the long-term influence of the Ripple on the global finance market will be massive.
Right now XRP is responsible for 10% of the global crypto market cap.
What happens if 10% of the global money supply would flood into the crypto market.
Being more specific we define global money supply as coins, banknotes, money market accounts, saving, checking and time deposits. Together they are worth $90.4 trillion worldwide.
So 10% of them would be around 9 trillion of dollars which make just for XRP $900 billion.
Currently, its market cap is $21 billion. It means it could be almost 44 times more.
WOW, this is a massive change. XRP costs currently $0.5.
Given that we have such money influx 1 XRP would cost 22$.
This can happen soon because Ripple is widely recognized by institutional customers such as banks, funds and so on. They have a lot of money at their disposal and what is more important Ripple tries to make international transactions among banks cheaper and much faster.
Somehow they will be depended on them if they want to save their money and provide reliable, fast and cheap money transfers for themselves and for their customers.
So, Guys, this might be another game changer!
We are sure the future is bright . We know that many of today’s projects will not be present in the future but we think Ripple is one of dozens that actually will be worth A LOT OF MONEY IN THE FUTURE.
So how do you find this vision?
Do you think if or when it happens?
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