XRP to $1,000? CryptoGuard Exec’s Bombshell Price Target Defies Market Skepticism
CryptoGuard’s lead analyst just dropped a hand grenade in the XRP community—predicting a mind-bending $1,000 price target. That’s a 200,000% moonshot from current levels, making Bitcoin’s bull runs look like toddler steps.
Market veterans are already rolling their eyes. ’Another day, another outrageous crypto prediction,’ muttered one hedge fund manager between sips of his $28 artisanal cold brew. But the numbers tell a different story: XRP’s infrastructure adoption is quietly exploding, with cross-border payment volumes hitting record highs.
The real kicker? This isn’t some anonymous Twitter account—it’s a credentialed exec putting reputation on the line. Whether this ages like fine wine or sour milk depends entirely on whether regulators finally stop playing whack-a-mole with the crypto industry.
Short- And Long-Term Plans For His XRP Holdings
Matthew Brienen clarified that he has varying aspirations for XRP in the future. Short term, he aims to liquidate the majority of his holdings in the next few years. He indicated the 2024-2025 bull cycle as a period when he would likely take profits and unwind his exposure.
In the longer term, Brienen plans to hold a smaller portion of XRP in his portfolio for five to 10 additional years. He is counting on the crypto’s increasing adoption in cross-border payments to drive its price higher in the future. Brienen pointed out that XRP transactions are quick, settling in under five seconds, and only costing a fraction of a penny.
Forecast: $100 Or Even $1,000
Brienen didn’t stop at short-term plans. He went on to predict that XRP could climb to between $100 and $1,000 within the next 10 years. With XRP trading around $2.05 at the time of his comments, reaching $100 would require a jump of about 4,770%, and hitting $1,000 would mean a surge of roughly 48,600%.
From these figures, an investment of 5,000 coins worth roughly $10,250 at current levels would be worth $500,000 at $100 prices, or $5 million at $1,000 prices.
XRP Market Cap Would Have To Experience Dramatic ExpansionIf XRP goes to $100, its market cap would increase to around $5.84 trillion with the circulating supply remaining constant. If it goes to $1,000, its market cap would burst to nearly $58 trillion. These are values that would have XRP’s value far exceeding today’s entire global economy.
Despite the humongous climb needed, Brienen indicated he feels the $1,000 goal is achievable. He did not promise it would occur, but he indicated he sees a scenario where XRP’s technology and speed of payment could fuel long-term development.
Featured image from Blockzeit, chart from TradingView