The cryptocurrency XRP is approaching a significant milestone as its price rises, poised to hit a market capitalization of $100 billion. XRP previously reached this mark in 2018 when its price peaked at $3.13 per token and its market cap reached $120.76 billion. Currently priced at $1.66 per token, XRP's market cap at its peak earlier this year was $70.65 billion. The increase in the number of tokens in circulation has contributed to XRP's higher market cap. To reach $100 billion, XRP's price needs to increase by 2.65% to $1.75. Although this milestone does not change XRP's position among the largest cryptocurrencies, it is psychologically important and helps establish the digital asset in the eyes of investors outside the crypto market.



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