Can XRP really reach $100? Former Ripple CTO David Schwartz dismisses it with 'market mathematics'

XRP3,59%
BTC3,24%

January 30 News, the debate over ‘Can XRP reach $100?’ has heated up again. Former Ripple Chief Technology Officer David ‘JoelKatz’ Schwartz recently responded on social media, saying he is reluctant to give an absolute denial but using ‘market mathematics’ to point out: if a large amount of rational funds genuinely believe that XRP has a high probability of hitting $100 within a few years, then the current price cannot stay low for long.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Slides to $1.42 After Losing $1.80–$2 Neckline as $1.39 Support Faces Immediate Test

XRP dropped to less than the $1.80-2 neckline and a key support area became an overhead and the overall trend was altered. The current short-term trading corridor is between the support and resistance of the asset which is between $1.39 and $1.47 respectively. A price above $1.39 will

CryptoNewsLand6m ago

XRP Whale Stash Grows To 11B On Fresh SWIFT Buzz

A recent report by Ali Martinez, one of the most seasoned crypto market connoisseurs, says XRP coin whales have been actively rearranging their reserves. Now stashing roughly 11 billion XRP coins across the largest crypto wallets on-chain, this could imply

DailyCoin2h ago
Comment
0/400
No comments