A recent statement by crypto expert BALE regarding XRP prices has sparked a heated discussion in the community. He claims that XRP could reach $10,000, providing significant capital gains for its holders.
BALE's Price Prediction
Crypto expert BALE expressed his belief that XRP's price could hit $10,000. In a post on platform X, he noted: "XRP Truth — you need 10,000 to become filthy rich." This statement emphasizes that even one XRP at such a price could lead to extraordinary wealth.
Community Criticism
User Carleto co voiced skepticism regarding BALE's prediction, pointing out that XRP has not shown significant growth since 2018 when it was priced at around $2.30. He humorously remarked: "Congratulations, you are a moron." Another user, Gavlar, provided a more measured view, stating that if XRP did hit $10,000, even a smaller amount of 500 XRP could still make someone wealthy.
Current Price Analysis and Required Increase
Currently, XRP is trading at approximately $2.22, close to the $2.30 level referenced by Carleto co. To reach BALE's target of $10,000, XRP would need to increase by about 450,350%, highlighting the speculative nature of BALE's projection. The gap between XRP's current valuation and the proposed price remains a central point of contention in the ongoing debate among investors.
The discussion around BALE's XRP price prediction highlights the diversity of opinions within the community. While there is significant optimism, there is also a cautious outlook based on historical performance.
