Speculation about XRP's price has reached new extremes following Donald Trump's U.S. presidential win. Analysts evaluate these claims to determine their realism.
Criticism of Unrealistic Predictions
Kelly Kellam, Director of BitLab Academy, called the $10,000 XRP price prediction 'completely irrational.' He stated that for XRP to hit such a price, its market capitalization would need to exceed $577 trillion, a figure unfeasible with the current global economy. Instead, Kellam proposed more realistic targets of $6 to $10 under normal conditions and $20 to $30 in 'supercycle' scenarios; any higher predictions remain highly improbable.
Bold Claims for $10,000
Kellam critiqued claims by Crypto Sensei, founder of Cryptonairz, who believes XRP could reach $10,000 due to Ripple's wide technological adoption and increasing institutional interest. Sensei argued that XRP's network of partnerships and growth could fuel exponential price increases, supported by a diagram showcasing Ripple's ecosystem and collaborations with financial giants.
Moderate Expert Forecasts
Despite Sensei's confidence, many experts find such predictions unrealistic. Analysts like AltMom and Crypto Warehouse suggest XRP can grow but doubt it reaching such levels. AltMom projects a maximum price of $13 considering institutional factors and favorable conditions. More conservative forecasts by Crypto Warehouse estimate XRP could trade between $5 and $7 in a bullish market.
Analysts advise investors to base their XRP growth expectations on data-driven analyses rather than speculative forecasts. While there is growth potential, hitting $10,000 remains unlikely.
