XRP

XRP to $10,000? Crypto Influencers Predict Explosive Surge, But Is It Possible?

A bold statement by Shmoo has recently made waves in the cryptocurrency world. The influencer confidently tweeted, “XRP to $10,000 is not a meme,” signaling his serious belief that XRP could one day hit the $10,000 mark. While this projection might seem ambitious, Shmoo’s words suggest he views this possibility as more than a mere speculative dream.

This isn’t the first time someone influential has predicted such a massive surge in XRP’s value. Last August, market commentator Levi Rietveld set a $10,000 target for the token, pointing to Ripple’s expanding role in central bank digital currencies (CBDCs) as a key factor in driving XRP’s adoption. Rietveld cited Ripple’s global initiatives, particularly statements from James Wallis, as evidence that XRP’s use case in international finance could fuel a dramatic rise in its value.

In addition to these market voices, others have weighed in on the $10,000 prediction. Christian prophet Brandon Biggs claimed that divine inspiration led him to declare XRP’s future value, likening it to the early days of tech giants like Apple. Meanwhile, Edoardo Farina, CEO of Alpha Lions Academy, and Versan Aljarrah, founder of Black Swan Capitalist, discussed the inevitability of XRP reaching $10,000 during a 2024 podcast. Both emphasized XRP’s technological edge and real-world utility in cross-border payments and asset tokenization as key drivers for its future growth.

However, these predictions, while compelling, don’t fully account for the massive market cap implications. At a current price of $3.10, XRP would need to surge by over 322,000% to hit $10,000 per token. This would push XRP’s market cap to a staggering $576 trillion, far exceeding the global wealth of $454 trillion. In other words, the price surge needed to reach $10,000 per XRP raises significant questions about the scalability and sustainability of such a valuation.

Also Read: Eric Trump’s Bold Crypto Tax Plan: XRP, ADA, HBAR, and ALGO Set to Soar Amid U.S. Capital Gains Exemption

While the $10,000 target is tantalizing, it remains to be seen if XRP can truly break through to that level in a real-world, sustainable context.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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