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The potential surge of the cryptocurrency market cap to $35 trillion has drawn attention to XRP’s projected price under such a scenario. Analyst Captain Toblerone has forecast that
could reach $22 per token, a 525% increase from its current price of approximately $3.15 [1]. This projection assumes XRP maintains its current market share of 5.42%, translating to a $1.24 trillion market cap at the $35 trillion total valuation [1]. The analyst utilized AI tools to model price movements across top cryptocurrencies, including and , under the same market conditions [1].The broader market context highlights a shift in capital toward altcoins, with Bitcoin’s dominance falling to 61.35% in recent weeks from a peak of 66.03% in July [2]. This decline, attributed to macroeconomic pressures and institutional selling, has bolstered altcoin activity. Ethereum’s market share has risen to 11.7%, reflecting growing institutional interest, particularly through spot ETFs which saw $231 million in inflows on July 25 [2]. XRP’s resilience is evident as it has held above $2.99 despite $105 million in long liquidations, with a 24-hour gain of nearly 2% [3].
Technical and macroeconomic factors will play a critical role in determining whether the $35 trillion market cap becomes a reality. Bitcoin’s inability to break above the 62.5% Fibonacci retracement threshold at 62.51% has weakened its dominance, potentially extending altcoin gains [2]. However, Bitcoin’s current price near $117,520—down 5% from its July 14 high—signals ongoing volatility. Analysts note that Bitcoin’s performance, particularly its ability to reclaim key resistance levels like $118,000, could dictate whether altcoin momentum persists [2].
For XRP, the $22 price target hinges on both market cap expansion and stable market share. While current conditions favor altcoins, the path to a $35 trillion market remains uncertain. Key economic events, including U.S. Federal Reserve decisions and inflation readings, will further influence market dynamics. A sustained bearish trend in Bitcoin’s dominance could entrench altcoin gains, while a rebound above 62.5% may curtail smaller tokens’ rallies [1].
Sources:
[1] [Here’s the Price of 1 XRP If the Total Crypto Market Cap Rallies to $35 Trillion](https://coindoo.com/heres-the-price-of-1-xrp-if-the-total-crypto-market-cap-rallies-to-35-trillion/)
[2] [Bitcoin Market Dominance Drops to 61.35% as Altcoins Expand Share](https://www.ainvest.com/news/bitcoin-news-today-bitcoin-market-dominance-drops-61-35-altcoins-expand-share-2-33t-market-2507/)
[3] [XRP Holds Above $2.99 Support Amid Market Volatility](https://www.bitcoininsider.org/article/280305/xrp-holds-above-299-support-amid-market-volatility-check-forecast)
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