- Carl Moon predicts 50x altcoin surge prompting Jake Gagain to calculate $106.5 XRP target
- Market cap would reach $6.28 trillion based on 59 billion circulating token supply
- Multiple analysts project XRP hitting $100 milestone between 2035-2039 timeframe periods
Social media personality Jake Gagain has sparked debate by calculating XRP’s potential price at $106.5 if the token achieves a 50x rally from current levels. The analysis came in response to a bold prediction from Carl Moon, host of Moon Show, who urged his 1.5 million X followers to purchase altcoins immediately ahead of an anticipated price surge.
Moon’s call to action suggested altcoin prices are poised for massive increases, projecting average gains of 50x across the sector. The prediction generated mixed reactions from market participants, with some expressing enthusiasm while others questioned the feasibility of such extreme price targets.
Gagain’s calculations assume XRP was trading at $2.13 when he performed the analysis, leading to the $106.5 projection. This target would establish a new all-time high for XRP, far exceeding the previous record of $3.84 set during the 2017-2018 bull market cycle.
XRP Market Capitalization Implications Raise Questions
The financial implications of a 50x XRP rally extend beyond individual token prices. Based on XRP’s current circulating supply of 59 billion tokens, achieving $106.5 per token would result in a market capitalization of $6.28 trillion. This valuation would exceed the current market cap of major technology companies and approach the GDP of entire nations.
Gagain also calculated similar projections for other major altcoins under Moon’s 50x scenario. Ethereum would reach $122,350, BNB would hit $32,266, Solana would climb to $7,100, and Cardano would achieve $27.50. These calculations prompted Gagain to question the realism of Moon’s predictions, suggesting they appear “wildly optimistic.”
The extreme valuations highlight the mathematical challenges of applying uniform percentage gains across different cryptocurrencies. Market dynamics, liquidity constraints, and fundamental factors typically prevent such coordinated price movements across diverse blockchain projects.
Long-Term $100 Targets Gain Analyst Support
Edoardo Farina, founder of Alpha Lions Academy, has expressed confidence in XRP reaching $100, stating that extreme global events would not persuade him to sell below that threshold. This conviction reflects belief in XRP’s fundamental utility rather than speculative trading dynamics.
Crypto YouTuber “Modern Investor” views current XRP prices below $100 as evidence that cryptocurrency markets remain in early development stages. This perspective suggests substantial room for growth as institutional adoption and regulatory clarity advance over time.
