The original post: /r/cryptocurrency by /u/Bigelito on 2024-12-02 16:41:51.

Can someone please explain market cap? As usual during bull runs, we’re seeing wild claims of xxxxxxcoin going 100x anytime soon. A friend of mine is convinced that XRP will surpass BTC this cycle based on what he’s seen on tiktok. I don’t even believe that’s possible relative to market capacity. But I may have an incorrect understanding of market cap. My rational is that BTC with a market cap of $1.9T is 11x the market cap of XRP ($161B). IF (and I still don’t believe that it’s possible) XRP reaches $1.9T in market cap, would that mean that it’s current price would only 11x to about $30 per coin? Writing this, my math doesn’t seem right. Can someone please explain?