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Is XRP Overvalued at Today's Price?

TheMotleyFool

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Is XRP Overvalued at Today's Price?: https://g.foolcdn.com/editorial/images/874374/investor-considers-screen-while-writing-on-pad.jpg

XRP (CRYPTO: XRP) is priced around $1.28 today, with an $80 billion market cap, and a horde of loyal holders -- not to mention a few detractors. Skeptics argue that the coin is overvalued due to suboptimal tokenomics, whereas bulls point to the working financial infrastructure of the XRP Ledger (XRPL), which is swelling with new capital onboarding to the chain in the form of tokenized assets.

Let's unpack both of these perspectives and determine whether the coin's valuation today is appropriate, or if it's on the rich side.

Image source: Getty Images.

Source Fool.com

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