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Here’s XRP Price if It Reclaims Its Ratio of Bitcoin Market Cap Before SEC Lawsuit

Here’s XRP Price if It Reclaims Its Ratio of Bitcoin Market Cap Before SEC Lawsuit
The article discusses the potential for XRP price to reach a two-digit figure if it recaptures the percentage of Bitcoin market cap it held in 2018 before the SEC lawsuit. XRP has experienced a significant decline in price recently, but it has rebounded from its low point. Currently, XRP's market cap stands at $132 billion, down from its all-time high of $165 billion. However, the ratio of XRP's market cap to Bitcoin's valuation has dropped considerably over time. Currently, XRP captures about 6.8% of Bitcoin's market cap, compared to the 49.4% it held in 2018. Experts believe that if XRP were to reach the 49.4% ratio, its price could surge to $16.6, marking a 621% increase from its current price.

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