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Traffic is a key concern about new Walmart in The Villages
villages_news60d ago

Traffic is a key concern about new Walmart in The Villages

Walmart" data-image-caption="" data-medium-file="https://www.villages-news.com/wp-content/uploads/2025/03/Walmart-300x200.webp" data-large-file="https://www.villages-news.com/wp-content/uploads/2025/03/Walmart.webp" />A resident of the Phillips Villas in the Village of Woodbury explains the concerns residents have about the new Walmart.Read more: Traffic is a key concern about new Walmart in The Villages

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Why The Market Cap Argument For XRP Price Not Reaching $10,000 Is ‘Flawed’
newsbtc60d ago

Why The Market Cap Argument For XRP Price Not Reaching $10,000 Is ‘Flawed’

The debate over whether the XRP price could reach $10,000 has reignited in the crypto market. However, this time, one crypto analyst challenges the common argument that market capitalization could limit XRP’s growth. According to the analyst, this claim is flawed and does not take into context XRP’s liquidity and utility as a global settlement currency. Why Market Cap Does Not Limit Price Surge To $10,000 Some critics argue that XRP would never hit $10,000 because doing so would make its market capitalization exceed the global money supply. Market analyst Crypto_Luke has addressed this misconception in a recent X post, emphasizing that market cap does not limit the XRP price in any way. Related Reading: Expert Explains Why The Market Cap Theory Doesn’t Apply To XRP The analyst explained that market cap is simply the last traded price multiplied by a cryptocurrency’s circulating supply, which is a snapshot of overall trading activity and not a reflection of how much money is required to achieve a certain price. He noted that the common criticism that market capitalization represents the amount of money invested in an asset is inaccurate. One reason Crypto_Luke believes the market cap argument is flawed is that it fails to account for how XRP operates. Unlike assets designed primarily for storing value, such as BTC, XRP is designed for rapid liquidity and settlement across global corridors. He stated that XRP can be used multiple times in a single day, facilitating transactions without requiring additional capital. As a result, he suggests that XRP’s price is determined by its “actively traded float,” rather than by the total supply that is idle. In his analysis, Crypto_Luke emphasized that liquidity and price adjustments go hand-in-hand in XRP’s design. He explained that assets that move quickly through settlements allow the blockchain network to satisfy demand without requiring equivalent dollar-for-dollar backing. As XRP’s transaction volume increases, its price naturally adjusts to reflect the value of its utility rather than a fixed market cap. The analyst noted that XRP’s supply was intentionally designed to be large, fixed, and non-reissuable. This structure supports a multi-trillion-dollar liquidity pool and enables the network to handle high-volume settlement throughput. XRP Market Cap Crashes Nearly 10% More recently, XRP faces additional downward pressure, as CMC data shows that the cryptocurrency’s market capitalization has crashed by nearly 10%. As of writing, XRP’s market cap has fallen to approximately $79.25 billion following a massive decline in its price over the past 24 hours. Related Reading: XRP Completes ‘Super Guppy Compression’ Against Bitcoin, Next Target Emerges The downturn aligns with the broader market sell-off across major cryptocurrencies, as sentiment has become increasingly bearish. XRP has been among the worst affected, with its price slipping toward $1.3, marking its lowest levels since 2024. The cryptocurrency shows no clear signs of a rebound despite a recent surge in daily trading volume, which has increased by more than 148%. Featured image from Freepik, chart from Tradingview.com

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