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Bitcoin investor Lark Davis says XRP won't hit $100, citing an $8 trillion market cap as unrealistic.

Market News
10 Nov 2026, 03:05 WIB
Tokenpost
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Bearish
Bitcoin investor Lark Davis says XRP won't hit $100, citing an $8 trillion market cap as unrealistic.

Investor Lark Davis stated that XRP is unlikely to reach $100 per token because that would imply an $8 trillion market capitalization, which is far beyond the current $73.84 billion market cap. At its current price of $1.16, a $100 valuation would represent an increase of over 8,500% and about 2.5 times the total value of the entire global cryptocurrency market. This suggests that such a price target is not feasible given the current market size and conditions.

Regarding Lark Davis's XRP price discussion, here is Pluang's market snapshot as of Nov 10, 2026 08:02 WIB: Among 50 major cryptocurrencies tradable on Pluang, 38 rose and 11 fell today. Notable movers include BAL (Balancer) at Rp16.297 with an 11.14% increase, AVAX (Avalanche) at Rp157.149 up 8.76%, and EOS (EOS.IO) at Rp12.649 rising 8.13%.

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