reach 1k to 10k above price . Imagining RIGHT now XRP is burning about 1.2m tokens per year . BASED on 200m-400m transaction per quarter, and about 1b-2b volume in USD PER YEAR . And now swift comes in , 5 TRILLIONS per day, I think everyone can do the math . How fast the tokens will be burning at ? This is JUST only SWIFT comes in. We haven’t talk about BANKs, AND derivatives markets(1 quadtrillion)
What SWIFT?
Burn will have very little impact on xrp value Utilities will determine the value
It’s a kind of fast food in which xrp is used 🤣
It will start a little hype atleast 🤣
False hype is unhealthy
When there’s utilities then there will be burn. It’s based on transaction amount . Volume of transaction determines how much supply to be burned per day. Long term down the road price will definitely be impacted by token supply along w volume on xrp
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