XRP would trade at this price if it hit its all-time high market cap

XRP is once again trading below the critical $3 support level, having dropped 4% on October 7 and triggering a “ death cross ” seen as confirmation of medium-term bearish ￰0￱ market cap is also down 2.54% on the weekly and 3.41% on the daily chart, sitting at $172.22 billion just days after the cryptocurrency managed to blow past BlackRock in terms of value by climbing to almost $183.4 billion. However, trading at $2.87 at the time of writing, XRP is still one of the best performers this year, having surged nearly 440% over the past twelve ￰1￱ price year-to-date (YTD) chart.), the token would need to reach a market cap of roughly $218.5 ￰2￱ reclaim its January 2018 peak of $3.84 ( CoinMarketCap data), XRP would require an even larger valuation of about $229.9 billion, underscoring how much capital inflow would be necessary for a full return to record ￰3￱ image via Shutterstock