Director Jake Claver expressed his viewpoint on the potential for the cryptocurrency XRP to reach $10,000 in the next two years, linking this to the need for enhanced liquidity for large transactions.
Prediction of XRP Growth to $10,000
Jake Claver, Managing Director at Digital Ascension Group, has drawn attention to a long-standing prediction in the XRP community. He now associates the $10,000 forecast with a specific timeframe of about two years.
Increased Liquidity as a Necessity
In a recent video, Claver argued that a higher price for XRP is essential for ensuring the network's effective operation in large institutional transactions. He emphasizes that at the current price of around $2 per token, liquidity is insufficient to handle transactions amounting to trillions of dollars.
Criticism and Skepticism of Predictions
Claver's prediction has met significant criticism from financial commentators. Some comments question the practicality of such forecasts, pointing out that the stated XRP market capitalization may greatly exceed the size of the global economy. Other specialists highlight that to achieve a $10,000 value would require extraordinary demand and systemic changes in global finance.
While predictions about XRP's growth continue to evoke debate, discussions of the token's potential underscore the necessity for changes to support institutional transactions.