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XRP Market Cap Model Shows How Much Buy Order XRP Needs to Hit $90
A new XRP market cap multiplier model shows how much buy volume would be necessary to send the XRP price soaring to $90.
The model, which is still in development and its raw form, illustrates the predominant belief among XRP proponents that XRP’s market cap could grow astronomically with modest capital inflows. It also shows just how powerful capital inflows can be when liquidity is limited.
XRP Surged to $90 with $10B in Buy Orders
Large Buy Orders with Thin Liquidity Could Catapult XRP to Higher Targets
Dom encouraged traders to look directly at the order book depth to see how little resistance existed beyond the early price levels.
The market expert noted that most XRP holders set extremely high price targets and likely won’t sell even after big rallies, which only adds to the supply squeeze. He expected XRP to peak only when a flood of selling reappears.
Moreover, three months back, Dom shared a real-time example that showed the multiplier model in action. Specifically, he tracked $61 million in net buying pressure across top exchanges over 13 hours.
Notably, this buying pressure added $16.6 billion to XRP’s market cap, resulting in a real-world multiplier of 272x. Highlighting this important instance, Dom stressed that market cap figures often mislead investors who don’t understand how liquidity impacts price moves.