Can XRP Really Reach $1,000? Experts Strongly Disagree
Can XRP Really Reach $1,000? Experts Strongly Disagree
XRP has long been one of the most debated cryptocurrencies in the market. Recently, bold predictions about XRP hitting $1,000 sparked heated discussions among investors. However, several experts now argue that such a price target is nearly impossible.
Why XRP May Never Reach $1,000
Crypto commentator XRP Avengers explained that the math behind XRP’s potential $1,000 target simply doesn’t add up.
- If XRP were to hit $1,000 per coin, its total market cap would exceed $100 trillion.
- That’s 10 times larger than the global GDP, making it unrealistic.
- According to him, XRP’s realistic ceiling is around $10, but even reaching that level would take years and require massive adoption by global banks.
He added that his personal strategy is to sell XRP if it ever hits $5–$10, since $1,000 is “genuinely impossible.”
Market Analysts Agree
Market expert Tony Severino also dismissed the $1,000 prediction. He noted:
- At $1,000 per coin, XRP would be worth 4 times more than gold’s market cap.
- It would also be 15 times Apple’s market cap, something he believes cannot happen even by 2030.
The Counterargument: Could It Happen in Theory?
Not everyone agrees. Software engineer Vincent Van Code countered that XRP could trade at $1,000 under specific conditions.
- If 99% of XRP is sold cheaply, and only a small percentage trades at $1,000 each, then technically, XRP could hit that price.
- He emphasized that the entire supply doesn’t need to be multiplied by $1,000—only the small fraction being traded.
- According to him, value is determined by market demand, so anything is possible.
Analysts Predict a $1,000 Future?
Interestingly, crypto analyst BarriC doubled down on his belief that XRP could still one day reach $1,000.
- He pointed out that XRP has only experienced growth within altcoin cycles so far.
- There is no historical data on how XRP might perform during a true utility-driven adoption cycle.
- If global banks adopt XRP for cross-border payments, trillions of dollars could flow into the network, making such a rally possible.
Current XRP Price
As of today, XRP is trading at $2.98, down more than 4% in the last 24 hours, according to CoinMarketCap.
🔑 Key Takeaways
- Experts argue that XRP hitting $1,000 is unrealistic due to the required market cap.
- Some believe $5–$10 is a more achievable target.
- Others claim it’s theoretically possible if mass global adoption happens.
- Current price: $2.98.
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