{"id":46621,"date":"2025-02-21T14:00:15","date_gmt":"2025-02-21T14:00:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=46621"},"modified":"2025-02-21T14:00:15","modified_gmt":"2025-02-21T14:00:15","slug":"forget-1-expert-says-xrps-true-value-could-be-10000-and-its-not-crazy","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=46621","title":{"rendered":"Forget $1\u2014Expert Says XRP\u2019s True Value Could Be $10,000 And It\u2019s \u2018Not Crazy\u2019"},"content":{"rendered":"

A popular cryptocurrency has once again captured the attention of many crypto investors after some experts started discussing the potential long-term valuation of the digital asset.\u00a0Prominent market analysts believe that XRP<\/a> could possibly reach $10,000 per coin, saying that the notion is \u201cnot a crazy\u201d prediction but a conservative one.<\/p>\n

Realistic Price<\/h2>\n

Several crypto analysts argued that a valuation forecast of $10,000 is feasible which they believe could be fueled by institutional adoption and its potential role in global finance.<\/p>\n

\u201c$10,000 XRP isn\u2019t crazy<\/a>. It\u2019s conservative,\u201d Rowen Exchange said in an X post.<\/p>\n

The crypto analyst showed a number of reasons why the $10,000 price target for XRP is a conservative figure.<\/p>\n

Institutional Adoption<\/h2>\n

According to Rowen Exchange, one of the strongest arguments that XRP could reach $10,000 is the token\u2019s adoption. The crypto analyst explained that the token has experienced exponential growth in its institutional adoption.<\/p>\n

$10,000 XRP isn\u2019t crazy. It\u2019s conservative. pic.twitter.com\/465NEEhYGm<\/a><\/p>\n

\u2014 Rowen Exchange (@RowenExchange) February 11, 2025<\/a><\/p>\n

Rowen Exchange pointed out that once major banks, payment processors, and governments increase their usage of XRP for cross-border payments, the demand for the tokens is expected to soar leading to a price surge.<\/p>\n

The crypto expert said that XRP has a total supply of 100 billion coins. However, Rowen Exchange noted that only half of the token\u2019s total supply is actually circulating in the market because of escrow releases and long-term holdings.<\/p>\n

The analysts theorized that once institutions start hoarding the token for liquidity purposes, it is predicted that it would result in a supply squeeze which might push the price to go up.<\/p>\n

Rowen Exchange added that institutional adoption<\/a> is different from retail-driven speculation because it can provide sustained liquidity and volume, leading to an ascending price over time.<\/p>\n

Although $10,000 could be a conservative estimate, XRP would be required to grow by over 362,000% to reach that price target from its current price of $2.76, something skeptics see as a long way to go for the token.<\/p>\n

\u2018Highly Unlikely\u2019<\/p>\n

Meanwhile, a crypto community member commented on Rowen Exchange\u2019s post saying that the $10,000 price target is \u201chighly unlikely.\u201d<\/p>\n

The crypto investor disagrees with the prediction arguing that in order for XRP to reach $10,000, the token would need to have a market cap of $1 quadrillion, arguing that it is \u201cunrealistic\u201d since the market cap of the entire cryptocurrency is about $3 trillion, as of 2024 while the global economy has around $100 trillion.<\/p>\n

However, another crypto analyst believes that market capitalization<\/a> is irrelevant in XRP\u2019s potentially reaching $10,000, explaining that market cap does not matter because the token\u2019s value is utility and not speculation.<\/p>\n

The analyst added that XRP can facilitate massive global transactions efficiently, claiming that the token is built for the next era of global finance.<\/p>\n

Featured image from DALL-E, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

A popular cryptocurrency has once again captured the attention of many crypto investors after some experts started discussing the potential long-term valuation of the digital asset.\u00a0Prominent market analysts believe that XRP could possibly reach $10,000 per coin, saying that the notion is \u201cnot a crazy\u201d prediction but a conservative one. Realistic Price Several crypto analysts […]<\/p>\n","protected":false},"author":0,"featured_media":46622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-46621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/46621"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46621"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/46621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/46622"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}