Token burning only raises prices when demand, utility and transparency align. 
Here’s when supply cuts work, and why SHIB and BNB tell different stories.

How token burns affect price, and when they don’t

Crypto pundit Jack has drawn attention to a valuation model that puts the XRP 
price at $18,000. This is based on the discounted cash flow model, which 
focuses on the XRP Ledger’s utility and XRP’s role as the native token. 
Valuation Model That Puts The XRP Price At $18,000 In an X post, Jack revealed 
that the discounted cash flow model puts the XRP price’s fair value at 
$18,036. He noted that the world is racing into tokenization and that the 
momentum is unstoppable. Based on this, he predicts that trillions of dollars 
in capital could flow into the XRP Ledger, powered by real-world assets 
(RWAs). Related Reading: XRP Price Performance In November: History Says It’s 
The Most Bullish Month In History The valuation model showed that the XRP 
Ledger may be viewed as a “pipeline of value,” in which the value passing 
through the network can be thought of as cash flow in a traditional business 
system. This could then boost XRP’s utility, potentially putting the XRP price 
at $18,000. Interestingly, there is also the possibility of the XRP price’s 
fair value being higher than $18,000 based on this discounted cash flow model. 
This could happen if economic growth rates are higher once crypto adoption 
spurs new businesses and economic models. These new businesses and economic 
models could lead to increased adoption for XRP and a subsequent price 
increase. Notably, crypto adoption, especially in traditional finance 
(TradFi), has been on the rise, boosting XRP’s adoption. This includes the 
launch of several XRP ETFs, which marks a positive for the XRP price. 
Meanwhile, Ripple has expanded its business with the surge in crypto adoption. 
This includes the acquisition of the prime broker Hidden Road, with the crypto 
firm already exploring how to include XRP products on the platform. Community 
Reacts To Price Prediction The valuation model for the XRP price sparked 
reactions among XRP community members. Community member XR noted that 
valuation models project extreme prices that often rely on perfect conditions 
that rarely exist. The community member added that tokenization on the XRPL 
may indeed bring large capital inflows, but asserted that it won’t dictate 
real value. Related Reading: Wave 3 Target Suggests That The XRP Price Is 
Headed For $10 Instead, XR declared that adoption, regulation, and liquidity 
depth will determine the real value of the XRP price. The community member 
further remarked that sustainable growth will always follow verified utility. 
Meanwhile, another community member stated XRP might not necessarily be used 
for the transactions even if trillions get transacted on the XRP Ledger. They 
added that XRP will be used to pay gas fees, but it won’t be the currency used 
for transactions. As such, trillions flowing into the XRPL may not have much 
impact on the XRP price. At the time of writing, the XRP price is trading at 
around $2.2, down over 4% in the last 24 hours, according to data from 
CoinMarketCap. Featured image from Freepik, chart from Tradingview.com

Valuation Model That Puts XRP Price Above $18,000 Stuns Community

The race to launch an XRP ETF on the U.S market is underway as firms like 
Bitwise, Franklin Templeton and Canary Capital prepare to launch ETFs in 
November. Traders are gearing up for the launch of XRP exchange-traded funds 
on…

XRP ETF buzz grows as Franklin Templeton and Bitwise eye November launch

BlackRock&#8217;s significant ETH deposit into Coinbase Prime highlights growing 
institutional trust in crypto platforms amid fluctuating ETF dynamics.
The post BlackRock deposits $115M in ETH into Coinbase Prime appeared first on 
Crypto Briefing.

BlackRock deposits $115M in ETH into Coinbase Prime

Hinkal&#8217;s Invisible Wallet enables private transactions on decentralized apps, 
and is fully DeFi compatible. In a press release shared with crypto.news, 
Hinkal, a blockchain privacy-focused company incubated at Stanford and Binance 
MVB, has unveiled the Invisible Wallet aimed at giving…

Cryptocurrency price in LKR