天使投资人阿曼多·潘托贾（Armando Pantoja）打破了关于XRP关于市值和流入的XRP的普遍误解。

随着XRP继续获得机构的采用，有关其价格潜在的问题仍然存在。最讨论的主题之一是XRP是否可以实际达到每枚硬币100美元

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

天使投资人阿曼多·潘托贾（Armando Pantoja）打破了关于XRP关于市值和流入的XRP的普遍误解。

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.

随着XRP继续获得机构的采用，有关其价格潜在的问题仍然存在。最有争议的主题之一是XRP是否可以在不需要不切实际的资本流入的情况下实际上达到每枚硬币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.

根据Angel Investor和Crypto教育家Armando Pantoja的说法，答案是肯定的。他强调，这一切都取决于了解市值和流动性流入之间的差异。

Market Cap Vs. Money Inflow

市值与。金钱流入

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解释说，许多批评家错误地认为，XRP将需要超过5万亿美元的新资本才能从目前的估值转移到5.8万亿美元的市值，这意味着这一点意味着每个代币的价格为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.

潘托贾说：“这是完全不正确的。在短时间内只需要大约20至300亿美元才能流入XRP才能将其推向该水平。”

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.

根据Pantoja的说法，误解源于将市值直接与进入市场的真实资金等同。实际上，市值是通过将资产当前价格乘以其总供应量来计算的。

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.

这意味着，在稀薄的流动性环境中，通常是由相对较小的购买订单引发的价格上涨，即使仅使用适度的资本来产生流动性，也可能会大大膨胀市值。

Explaining Thin Liquidity In Crypto Using Real Estate

使用房地产解释加密货币中的流动性薄

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.

为了解释由于其新生阶段而在加密货币中很典型的薄流动性概念，Pantoja使用了一个少量资金对市场价格产生巨大影响的少量资金。

“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：“在一个成熟的市场中，像股票市场一样，价格变动的资本需要大量资本。但是加密货币还年轻；在相对价格变化方面，一点钱大有帮助。”

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.

为了使这个概念更加切实，他将其与房地产进行了比较。如果100个附近的一所房屋的售价远高于其他房屋，那么整个社区的感知价值仍增加，尽管仅以较高的价格进行了一笔交易。

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.

更具体地说，假设有一个有100栋房屋的社区，每间大约价值500,000美元，使该地区的总“市值”为5000万美元。

“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.”

“现在，假设我真的很想买下这些房屋之一。但是，没有人卖出。我提供60万美元，没有交易。$ 700,000，仍然没有80万美元。

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，根据可比的销售，该社区的所有类似房屋都被认为价值100万美元。这就是市场运作的方式；估值是基于上次销售价格乘以总供应的。

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.

本质上，如果所有房屋现在都“价值” 100万美元，尽管实际上只有100万美元易手，但社区的市值将达到1亿美元。实际上，仅比以前的估值多500,000美元，但整个社区的可感知价值增加了​​一倍。

Implications For XRP Investors

对XRP投资者的影响

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使用此示例强调，XRP投资者不应被达到特定市值需要比例成比例的现金流入的观念误导。如果需求尖峰和供应有限，即使是暂时的，XRP的价格可能会随着资本相对有限而大幅上涨。

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

根据Pantoja的说法，XRP的100美元目标不仅是一个梦想，而且在正确的市场条件下是现实的情况。机构的需求持续增加