The crypto market is a highly speculative community. A lot of what-if scenarios are constantly thrown at the wall as investors wonder “what could be” for their favorite cryptocurrencies. This time, the question is, “How high will the Shiba Inu price be if it rises to XRP’s $30.5 billion market cap?” Let us find out. Meanwhile, ETFSwap (ETFS) is strengthening its ETF trading platform in preparation for its beta platform launch.
Quantum Leap: Shiba Inu Price At Ripple’s (XRP) Market Cap
Shiba Inu (SHIB) put itself on the map after Shiba Inu’s price completed a meteoric 8,000% rise in October 2021. It is now the 13th-ranked crypto by market capitalization. Shiba Inu (SHIB) currently has a market capitalization of $11 billion, and the current Shiba Inu price is $0.0000186.
Ripple (XRP) is another top altcoin that has delivered impressive rallies to reach seventh on the top cryptocurrencies ranking by market capitalization. At its peak, Ripple (XRP) had a market cap of $131.6 million, but it has had a rocky couple of years. The SEC has launched a series of legal onslaughts against Ripple Labs Inc., the firm behind the Ripple (XRP) token.
So, how much would the Shiba Inu price be if it attained Ripple’s (XRP) market capitalization? MarketCapOf, a token comparison website, simplifies the calculations. At Ripple’s (XRP) current market capitalization, the Shiba Inu price would be $0.0000528. That level would represent a 2.84x increase in the Shiba Inu price.
ETFSwap (ETFS) Gearing Up For Beta Platform Launch
ETFSwap (ETFS) is the world’s premier decentralized ETF tokenization and trading platform. The intricate marriage of traditional and decentralized finance presents a fine opportunity for institutional investors and crypto traders to invest in a highly liquid market. Additionally, it allows both parties to hedge against losses by diversifying their portfolios across various assets and miti
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Author: Bitcoinist
