XRP to $10,000? The Shocking Breakdown You Need to See!
Crypto analyst Joshua Jake recently addressed the bold prediction that XRP could reach $10,000 per coin, dismissing it as unrealistic. He argued that factors like ETF approvals, institutional adoption, and TradFi involvement are unlikely to trigger such a surge, pointing to Bitcoin’s ETFs as proof that institutional interest alone cannot drive extreme price increases.
Jake also challenged the idea that market capitalization is irrelevant, emphasizing that at $10,000 per coin, XRP’s market cap would reach an impossible $1 quadrillion—far exceeding the total global wealth. He further debunked claims that banks would push XRP’s price that high, noting that financial institutions are more likely to develop their own blockchain solutions rather than give Ripple overwhelming control.
While acknowledging XRP’s potential, Jake urged investors to remain cautious, warning against falling for exaggerated price targets that could lead to disappointment.