XRPS, as the first project of Ripple ecology, involves XRC20, Defi, NFTfi, RWA and other sub-tracks, and plays a very important role in Ripple ecology. How much market value can it reach in this bull market cycle? Here I will calculate the conservative valuation with you.
1 Benchmarking uni, the market value of the big bull market is at least 50-100 billion, and the conservative valuation reaches 5 billion, one-tenth of uni's market value. The current market value is 18 million, and there is more than 278 times of space.
2 In this bull market, the market value of XRP will definitely exceed 100 billion, and even break the historical high. XRPS, as the first dragon of XRP ecology, XRP's ecological governance token, has a market value of 10 billion, one-tenth of XRP's market value, which is also a conservative estimate. The current market value is 18 million, and there is more than 555 times of space.
The above conservative valuation is only for this bull market cycle, and the repurchase and destruction of handling fees are not calculated. The core value of the deflation mechanism lies in increasing the value space of chips, which cannot be estimated.