A recent interaction between digital asset commentators King Solomon and Moonchaser has drawn attention for its detailed look into how XRP should be evaluated within broader market structures. The exchange began with King Solomon’s comment on Bitcoin’s limited supply, noting that XRP would not reach Bitcoin’s price levels due to fundamental supply differences. He emphasized that while XRP’s performance potential remains significant, price parity with Bitcoin is unrealistic. In response, Moonchaser, who has a background in economics and formerly worked as a forex analyst, gave a comprehensive explanation addressing misconceptions surrounding XRP’s valuation. His remarks clarify that market principles governing traditional currencies and commodities apply equally to digital assets such as XRP. My 2 cents as I studied economics and used to work as a forex analyst, so I tend to look at these things from a market structure perspective. In the XRP community there have always been those who believe $XRP will reach sky-high prices with the claim that “XRP has no market cap… https://t.co/D1J1KL2skx — Moonchaser (@Moonchaser2020) October 20, 2025 Economic Principles and XRP’s Market Structure Moonchaser explained that within the XRP community, there is a persistent belief among some supporters that XRP’s nature as a digital currency makes it exempt from conventional market valuation metrics. Specifically, he pointed out that claims suggesting XRP has “no market cap because it is a currency” contradict basic economic reasoning. He compared XRP’s market behavior to that of fiat currencies, citing the U.S. dollar as an example. The dollar’s total monetary base, measured through metrics such as M1 and M2, represents its overall value in circulation. Its exchange rate fluctuates daily in response to global supply, demand, and liquidity conditions. According to Moonchaser, these same dynamics govern the movement of XRP’s price in the open market. Market Capitalization and Price Discovery To reinforce his point, Moonchaser explained that market capitalization is a universal measure applicable across asset classes. Whether dealing with fiat currency, commodities, or digital assets, this metric reflects the total value held in a given market. Therefore, XRP, as a globally traded digital currency with a defined and deflationary supply, possesses a quantifiable market capitalization . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 He noted that the idea of a “capless” currency misrepresents how financial systems function. XRP’s valuation, he stated, is subject to price discovery determined by supply and demand forces. Its classification as a currency does not exempt it from measurable market value. A Clarification on Market Reality Moonchaser concluded by emphasizing that his perspective was not intended as criticism or pessimism toward XRP . Rather, it was an attempt to apply established economic logic to ongoing discussions about the asset’s future. His remarks underscored that realistic valuation frameworks are essential to understanding XRP’s position within the global financial ecosystem, grounding the conversation in economic fundamentals rather than speculation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Forex Analyst: “XRP Has No Market Cap” Logic Overlooks Basic Economic Principles appeared first on Times Tabloid .