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CaptainAltcoin
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CaptainAltcoinBeginner
Asked: September 29, 20242024-09-29T06:44:16+00:00 2024-09-29T06:44:16+00:00In: Cryptocurrency Discussion

XRP 1 Million Per Coin

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Hey everyone, I’ve been seeing some wild claims online lately, and I’m genuinely curious…can XRP actually hit $1 million per coin? I know it sounds crazy, but people are out there seriously pushing this idea. Is there any truth to it, or is this just another overhyped fantasy? Would love to hear some realistic takes on this!

ripple xrp
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    31 Answers

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    1. Amit
      Amit Teacher
      2024-09-29T06:46:54+00:00Added an answer on September 29, 2024 at 6:46 am

      No, XRP reaching $1 million per coin would cause global economic catastrophe.

      Here’s why: aside from the fact that there’s simply not enough money in the world for this to happen, a price like that would completely destabilize the global economy. Think about it—if XRP were to hit $1 million per coin, the market cap would be astronomically higher than the combined value of all the assets and currencies in the world. This would severely devalue every other currency and asset, causing hyperinflation on a scale never seen before.

      Basic goods like food and housing would become unaffordable overnight. A loaf of bread might cost hundreds or even thousands of dollars. Governments would lose control over their monetary systems, and central banks would have no way to mitigate the collapse. Global trade would halt, as no one would be able to agree on the value of currencies or commodities.

      In short, the ripple effect (pun intended) of XRP reaching $1 million would cause widespread poverty, societal breakdown, and a complete reset of the global economy. Anyone pushing this fantasy is either wildly misinformed or deliberately misleading people—likely for personal gain. If XRP even started approaching a fraction of that value, the economic fallout would be disastrous.

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    2. Angel
      Angel Beginner
      2024-09-29T06:49:58+00:00Added an answer on September 29, 2024 at 6:49 am

      If XRP—or any asset—reached such a wildly unrealistic value, the world’s economy would descend into chaos, leading to the collapse of society as we know it. The idea is so delusional and dangerous that it’s hard to even comprehend the devastation it would cause. Anyone entertaining this fantasy is either completely out of touch with reality or part of some scheme to sucker in gullible investors.

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    3. Ben Walther
      Ben Walther Beginner
      2024-09-29T06:53:27+00:00Added an answer on September 29, 2024 at 6:53 am

      If XRP somehow reached $1 million per coin it would case a collapse of global banking system. Banks would fail almost instantly. They rely on the value of money being stable and manageable. If XRP became that valuable, traditional currencies like the dollar, euro, yen, and yuan would be wiped out. People would rush to liquidate their bank holdings, leading to mass withdrawals and the immediate collapse of the global financial system.

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    4. As_Solana_Alaikum
      As_Solana_Alaikum Teacher
      2024-09-29T06:55:18+00:00Added an answer on September 29, 2024 at 6:55 am

      The tech sector and internet infrastructure, which is dependent on stable global trade and energy supplies, would suffer massive disruptions. Without money to fund energy production or infrastructure maintenance, the world could face widespread blackouts and shutdowns of communication networks, leading to further chaos.

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    5. yiz2xy
      yiz2xy
      2024-10-14T21:57:35+00:00Added an answer on October 14, 2024 at 9:57 pm

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    6. 24o7ti
      24o7ti
      2024-11-20T07:15:53+00:00Added an answer on November 20, 2024 at 7:15 am

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    7. vr24mk
      vr24mk
      2024-11-25T11:44:21+00:00Added an answer on November 25, 2024 at 11:44 am

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    8. pbthwb
      pbthwb
      2024-12-02T09:17:38+00:00Added an answer on December 2, 2024 at 9:17 am

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    9. zn10d4
      zn10d4
      2024-12-16T16:35:30+00:00Added an answer on December 16, 2024 at 4:35 pm

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    10. kfbubu
      kfbubu
      2025-01-03T19:43:43+00:00Added an answer on January 3, 2025 at 7:43 pm

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    11. t0ohqr
      t0ohqr
      2025-01-14T14:09:29+00:00Added an answer on January 14, 2025 at 2:09 pm

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    12. vsqf7s
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      2025-01-14T19:22:11+00:00Added an answer on January 14, 2025 at 7:22 pm

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    13. 56cv7c
      56cv7c
      2025-01-15T02:51:06+00:00Added an answer on January 15, 2025 at 2:51 am

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    14. 7w98s2
      7w98s2
      2025-01-21T11:17:40+00:00Added an answer on January 21, 2025 at 11:17 am

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    15. tb1w0w
      tb1w0w
      2025-01-22T09:05:12+00:00Added an answer on January 22, 2025 at 9:05 am

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    16. wll0nf
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      2025-01-23T00:50:32+00:00Added an answer on January 23, 2025 at 12:50 am

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    17. v7302h
      v7302h
      2025-02-09T13:22:43+00:00Added an answer on February 9, 2025 at 1:22 pm

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    18. dijn1n
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      2025-02-22T03:52:26+00:00Added an answer on February 22, 2025 at 3:52 am

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    19. 9mugjj
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      2025-03-20T09:30:45+00:00Added an answer on March 20, 2025 at 9:30 am

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    20. u4cfih
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      2025-03-25T05:19:34+00:00Added an answer on March 25, 2025 at 5:19 am

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    21. qpln94
      qpln94
      2025-03-28T18:53:54+00:00Added an answer on March 28, 2025 at 6:53 pm

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    22. 50ze5e
      50ze5e
      2025-04-12T03:30:19+00:00Added an answer on April 12, 2025 at 3:30 am

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    23. xnag9i
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      2025-04-16T23:04:42+00:00Added an answer on April 16, 2025 at 11:04 pm

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    24. qc3mll
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      2025-04-20T02:06:04+00:00Added an answer on April 20, 2025 at 2:06 am

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    25. q02nrw
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      2025-04-21T09:37:24+00:00Added an answer on April 21, 2025 at 9:37 am

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    26. s1jv2k
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      2025-04-22T20:32:00+00:00Added an answer on April 22, 2025 at 8:32 pm

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    27. ywlymq
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      2025-04-26T19:30:42+00:00Added an answer on April 26, 2025 at 7:30 pm

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    28. 1k0n46
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      2025-04-28T23:09:12+00:00Added an answer on April 28, 2025 at 11:09 pm

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    29. zfoicx
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      2025-04-29T13:07:44+00:00Added an answer on April 29, 2025 at 1:07 pm

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    30. acfrrg
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      2025-04-30T03:19:37+00:00Added an answer on April 30, 2025 at 3:19 am

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    31. tw4vc2
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      2025-05-02T15:40:49+00:00Added an answer on May 2, 2025 at 3:40 pm

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    32. 3y1tox
      3y1tox
      2025-05-08T07:42:10+00:00Added an answer on May 8, 2025 at 7:42 am

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