XRP has recently shown impressive performance with an increase of over 15% in the past week. Rumors are circulating on social media that Arthur Britto, one of Ripple’s co-founders, has expressed an exceptionally optimistic forecast for the token. According to these rumors, he predicts that the value of XRP could reach $10,000 in the future.
An incredible XRP price prediction
CryptoGeek, a channel on platform According to this report, XRP is said to be designed to meet the transaction needs of the world’s population, currently around 7.5 billion people. Based on this, the report suggests that XRP could potentially reach a long-term value of over $10,000 per coin.
However, the credibility of this prediction is questionable in the absence of concrete evidence. There is no official document or statement confirming that Britto has stated such a price target for XRP. The online scarcity of information about Britto himself further reinforces these doubts.
In addition, the forecast is optimistic. To reach a price of $10,000 per XRP, the total market capitalization of XRP would have to be astronomically high. With the current circulating supply, the digital currency’s market cap would reach $536 trillion, which is almost 1,000 times larger than the current market cap of Bitcoin (BTC). Such values would require extreme scenarios where XRP is the primary or sole currency for global transactions and liquidity.
Will Ripple stay true to XRP?
Others are a lot less positive about the XRP price. There are even rumors circulating in the crypto community that Ripple might distance itself from XRP due to its ongoing legal battle with the SEC. However, influential figures in the crypto world, such as attorney John Deaton, refute this speculation. They point to Ripple’s deep financial roots in XRP, with the company holding between 48 and 50 billion XRP – a value that represents a significant portion of their operating capital. So they certainly won’t just give up on that.
Deaton emphasizes that Ripple’s investments in XRP demonstrate not only a long-term vision but also an expectation of growth, especially if XRP were to reach the $2 per token milestone. Such a price increase could significantly increase Ripple’s net worth. Ripple’s unwavering commitment to
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