Bitcoin advocate and author Jason Williams has drawn attention from the XRP community with his recent provocative statement on social media regarding the token's price.
Jason Williams' Statement
On Thursday, Williams tweeted that XRP is 'going to 20,000 per coin.' While this initially appeared to support a bullish prediction, his follow-up responses clarified it was intended sarcastically.
Clarifying the '20,000' Comment
Following his initial tweet, Williams responded to skepticism by sharing an image showing that 20,000 Lebanese pounds converts to approximately $0.22. His caption read, 'It will happen,' indicating the statement wasn't a price prediction in USD, suggesting the opposite about XRP's potential drop.
Skepticism Around the Valuation
Critics, including Williams, challenge the plausibility of such projections. A $20,000 price point would require an XRP market capitalization exceeding the entire global financial system's value, which many find economically unfeasible. While some XRP advocates argue market capitalization is not the best value indicator, no financial model supports such extreme valuations.
Jason Williams' tweet serves as a critique of unrealistic optimism regarding XRP's future value, highlighting the necessity of grounded discussions.
