$XRP (XRP.CC)$ Guys i am curious , XRP has larger token comp...

Eat Drink Earl Grey : consider this, ETH had infinite supply

RichMF OP Eat Drink Earl Grey : Sorry but it shows that Xrp has 100 billion token but ETH have only 150 million supply

104803845 : For me is more on store on value vs utility usage. If XRP was to do what they intended to do, everyday transactions would be trillions. To reduce the burn rate so that we will have enough supply for the demand, the price has to goes up, or the burn rate has to goes down.

104803845 RichMF OP : This is half correct. XRP has a maximum supply of 100billions and now we have circulated around 57billions.

ETH now circulates 150millions, but it can mint unlimited as there is no cap for its supply. The supply increases by each block validated. In an unlikely event that the crypto got hacked or got coordinated attack, it could boost the supply massively. However, that is kinda unlikely to happen.

RichMF OP 104803845 : Ok thank you . But still the token circulated isn’t it too large amount ? It quite hard right for the value to rise like ETH or bitcoin ? The market cap has to increase like crazy right ?

Eat Drink Earl Grey RichMF OP : ETH can mint infinite supply

104803845 RichMF OP : It's a consensus that people use market cap to see if a product/company is undervalued/overvalued. But I always argue the market cap does not even relevant to any (stocks/crypto/real estate etc)

Is the liquidity that is matter. How much money willing to flow to it.

Supposingly we have a crypto with 900 coins in total supply and is evenly split to A,B,C. The current price is $0.5

Now, A buys from B 1 coin for $1, and B buy from C for $2, and C buy from A for $3. Price now at $3.

Notice that liquidity flows in only $6, but market caps increase from $450 to $2700. Does the market cap tell you the right picture? Absolutely not.

Eat Drink Earl Grey : second that