Josh Lin, a Ripple employee Labs Inc. has given his verdict as to how ridiculous it is for the price of XRP to amount to $100 by 2020.
According to Josh, it would practically impossible for the price of XRP to kick-jump to $100 as that would sum up the whole entire market cap of XRP to $10 trillion.
According to his reply to a question on Quora, Josh confirmed that Bitcoin, which has a market cap of Bitcoin of about $165 billion has taken the major chunk of whole crypto market, which is worth about $227 billion. Hence, he doesn’t seem to see how XRP would dominate the others considering the value and rate of use.
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