Forex Analyst: “XRP Has No Market Cap” Logic Overlooks Basic Economic Principles

A recent interaction between digital asset commentators King Solomon and Moonchaser has drawn attention for its detailed look into how XRP should be evaluated within broader market ￰1￱ exchange began with King Solomon’s comment on Bitcoin’s limited supply, noting that XRP would not reach Bitcoin’s price levels due to fundamental supply ￰2￱ emphasized that while XRP’s performance potential remains significant, price parity with Bitcoin is ￰3￱ response, Moonchaser, who has a background in economics and formerly worked as a forex analyst, gave a comprehensive explanation addressing misconceptions surrounding XRP’s ￰4￱ remarks clarify that market principles governing traditional currencies and commodities apply equally to digital assets such as ￰5￱ 2 cents as I studied economics and used to work as a forex analyst, so I tend to look at these things from a market structure ￰6￱ the XRP community there have always been those who believe $XRP will reach sky-high prices with the claim that “XRP has no market cap… ￰0￱ — Moonchaser (@Moonchaser2020) October 20, 2025 Economic Principles and XRP’s Market Structure Moonchaser explained that within the XRP community, there is a persistent belief among some supporters that XRP’s nature as a digital currency makes it exempt from conventional market valuation metrics.

Specifically, he pointed out that claims suggesting XRP has “no market cap because it is a currency” contradict basic economic ￰7￱ compared XRP’s market behavior to that of fiat currencies, citing the ￰8￱ as an ￰9￱ dollar’s total monetary base, measured through metrics such as M1 and M2, represents its overall value in ￰10￱ exchange rate fluctuates daily in response to global supply, demand, and liquidity ￰11￱ to Moonchaser, these same dynamics govern the movement of XRP’s price in the open ￰12￱ Capitalization and Price Discovery To reinforce his point, Moonchaser explained that market capitalization is a universal measure applicable across asset ￰13￱ dealing with fiat currency, commodities, or digital assets, this metric reflects the total value held in a given market.

Therefore, XRP, as a globally traded digital currency with a defined and deflationary supply, possesses a quantifiable market ￰14￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 He noted that the idea of a “capless” currency misrepresents how financial systems function. XRP’s valuation, he stated, is subject to price discovery determined by supply and demand ￰15￱ classification as a currency does not exempt it from measurable market value. A Clarification on Market Reality Moonchaser concluded by emphasizing that his perspective was not intended as criticism or pessimism toward XRP . Rather, it was an attempt to apply established economic logic to ongoing discussions about the asset’s ￰16￱ remarks underscored that realistic valuation frameworks are essential to understanding XRP’s position within the global financial ecosystem, grounding the conversation in economic fundamentals rather than ￰17￱ : This content is meant to inform and should not be considered financial ￰18￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰19￱ are advised to conduct thorough research before making any investment ￰20￱ action taken by the reader is strictly at their own ￰21￱ Tabloid is not responsible for any financial ￰22￱ us on X , Facebook , Telegram , and Google News