天使投資人阿曼多·潘托賈（Armando Pantoja）打破了關於XRP關於市值和流入的XRP的普遍誤解。

隨著XRP繼續獲得機構的採用，有關其價格潛在的問題仍然存在。最討論的主題之一是XRP是否可以實際達到每枚硬幣100美元

Angel investor Armando Pantoja breaks down the common misconception about XRP regarding market cap and inflow.

天使投資人阿曼多·潘托賈（Armando Pantoja）打破了關於XRP關於市值和流入的XRP的普遍誤解。

As XRP continues to gain institutional adoption, questions about its price potential persist. One of the most debated topics is whether XRP could realistically reach $100 per coin without requiring an unrealistic amount of capital inflow.

隨著XRP繼續獲得機構的採用，有關其價格潛在的問題仍然存在。最有爭議的主題之一是XRP是否可以在不需要不切實際的資本流入的情況下實際上達到每枚硬幣100美元。

According to angel investor and crypto educator Armando Pantoja, the answer is a resounding yes. He emphasized that it all comes down to understanding the difference between market capitalization and liquidity inflow.

根據Angel Investor和Crypto教育家Armando Pantoja的說法，答案是肯定的。他強調，這一切都取決於了解市值和流動性流入之間的差異。

Market Cap Vs. Money Inflow

市值與。金錢流入

Pantoja explains that many critics mistakenly believe XRP would need over $5 trillion in new capital to move from its current valuation to a $5.8 trillion market cap, a point that implies a price of $100 per token.

Pantoja解釋說，許多批評家錯誤地認為，XRP將需要超過5萬億美元的新資本才能從目前的估值轉移到5.8萬億美元的市值，這意味著這一點意味著每個代幣的價格為100美元。

“That’s completely and utterly untrue. Only about $20 to $30 billion would need to flow into XRP over a short period to push it toward that level,” Pantoja stated.

潘托賈說：“這是完全不正確的。在短時間內只需要大約20至300億美元才能流入XRP才能將其推向該水平。”

According to Pantoja, the misunderstanding stems from equating market capitalization directly with real money entering the market. In reality, market cap is calculated by multiplying the asset’s current price by its total supply.

根據Pantoja的說法，誤解源於將市值直接與進入市場的真實資金等同。實際上，市值是通過將資產當前價格乘以其總供應量來計算的。

This means a price increase, often triggered by relatively small buy orders in a thin liquidity environment, can dramatically inflate the market cap, even if only a modest amount of capital has been used to generate the liquidity.

這意味著，在稀薄的流動性環境中，通常是由相對較小的購買訂單引發的價格上漲，即使僅使用適度的資本來產生流動性，也可能會大大膨脹市值。

Explaining Thin Liquidity In Crypto Using Real Estate

使用房地產解釋加密貨幣中的流動性薄

To explain the concept of thin liquidity, which is typical in crypto due to its nascent stage, Pantoja used an analogy of a small amount of money having an outsized effect on price in a market.

為了解釋由於其新生階段而在加密貨幣中很典型的薄流動性概念，Pantoja使用了一個少量資金對市場價格產生巨大影響的少量資金。

“In a mature market, like the stock market, shifting prices takes a lot of capital. But crypto is still young; a little money goes a long way in terms of the relative price change,” he noted.

他指出：“在一個成熟的市場中，像股票市場一樣，價格變動的資本需要大量資本。但是加密貨幣還年輕；在相對價格變化方面，一點錢大有幫助。”

To make the concept more tangible, he compared it to real estate. If one house in a neighborhood of 100 sells for much more than the others, the perceived value of the entire neighborhood increases, despite only one transaction occurring at the higher price.

為了使這個概念更加切實，他將其與房地產進行了比較。如果100個附近的一所房屋的售價遠高於其他房屋，那麼整個社區的感知價值仍增加，儘管僅以較高的價格進行了一筆交易。

More specifically, let’s say there’s a neighborhood with 100 houses, each roughly worth $500,000, giving the area a total “market cap” of $50 million.

更具體地說，假設有一個有100棟房屋的社區，每間大約價值500,000美元，使該地區的總“市值”為5000萬美元。

“Now, let’s say I really want to buy one of these houses. However, no one is selling. I offer $600,000, no deal. $700,000, still no. $800,000, nope. Finally, I offer $1 million, and the owner agrees.”

“現在，假設我真的很想買下這些房屋之一。但是，沒有人賣出。我提供60萬美元，沒有交易。$ 700,000，仍然沒有80萬美元。

Instantly, all similar houses in the neighborhood are now considered to be worth $1 million based on comparable sales. That’s how markets operate; valuation is based on the last sale price multiplied by the total supply.

立即，根據可比的銷售，該社區的所有類似房屋都被認為價值100萬美元。這就是市場運作的方式；估值是基於上次銷售價格乘以總供應的。

Essentially, if all the houses are now “worth” $1 million each, the neighborhood’s market cap becomes $100 million, despite only $1 million actually changing hands. In reality, only $500,000 more than the previous valuation was spent, yet the perceived value of the entire neighborhood doubled.

本質上，如果所有房屋現在都“價值” 100萬美元，儘管實際上只有100萬美元易手，但社區的市值將達到1億美元。實際上，僅比以前的估值多500,000美元，但整個社區的可感知價值增加了​​一倍。

Implications For XRP Investors

對XRP投資者的影響

Pantoja uses this example to emphasize that XRP investors shouldn’t be misled by the notion that reaching a specific market cap requires a proportional amount of cash inflow. If demand spikes and supply is limited, even temporarily, the price of XRP can rise significantly with relatively limited capital.

Pantoja使用此示例強調，XRP投資者不應被達到特定市值需要比例成比例的現金流入的觀念誤導。如果需求尖峰和供應有限，即使是暫時的，XRP的價格可能會隨著資本相對有限而大幅上漲。

According to Pantoja, the $100 target for XRP is not merely a dream, but a realistic scenario in the right market conditions. A sustained increase in demand from institutions and a웻

根據Pantoja的說法，XRP的100美元目標不僅是一個夢想，而且在正確的市場條件下是現實的情況。機構的需求持續增加