I Think $XRP Is a Good Example of Why Circulating Supply Matters 😉 Price-per-token comparisons still appear everywhere in crypto, and $XRP is a useful example of why they can be misleading. A token trading at $2 isn't automatically "cheaper" than Bitcoin at $100,000, because the number of units in circulation is completely different. Market capitalization fixes part of that problem, but even that doesn't tell the whole story. Investors also need to understand future issuance, locked tokens, scheduled releases, and how much additional supply could eventually reach the market. Two assets with similar market caps today can have very different supply trajectories over the next several years. It's why I find "What if XRP reached Bitcoin's price?" comparisons mostly meaningless. In crypto, the price of one individual token is often the least useful number for comparing two completely different supply structures. #Macro Insights# #Altcoin Season#