Shmoo, a well-known figure in the crypto community and co-founder of COINVIRAL, raised eyebrows with a bold statement regarding XRP future.
In a tweet, he boldly stated that XRP could reach $10,000, emphasizing that this outlook was not a joke. “XRP to $10,000 is not a meme,” he wrote.
Notably, this statement suggests that Shmoo genuinely believes XRP has the potential to hit $10,000 per token. While the target is ambitious and speculative, his wording makes it clear that he sees this as a serious possibility, not just an unrealistic or meme-driven prediction.
However, Shmoo did not specify a timeline for when he believes the $10,000 price point could materialize for XRP. Interestingly, Shmoo is not the first influential voice in the crypto community calling for a $10,000 per token price for XRP.
Other Market Pundits Calling for $10,000 XRP
Last August, market commentator Levi Rietveld argued for a $10,000 target for XRP, citing Ripple’s growing role in central bank digital currencies (CBDCs). Based on comments from Ripple’s James Wallis, Rietveld highlighted Ripple’s global projects, which could drive XRP’s adoption and price.
Earlier, Christian prophet Brandon Biggs proclaimed that “God” revealed to him that XRP would one day reach $10,000. Biggs shared this in a video, explaining that after praying for guidance on significant investments, God directed him to XRP, comparing it to the early days of companies like Apple.
Likewise, Edoardo Farina, CEO of Alpha Lions Academy, and Versan Aljarrah, founder of Black Swan Capitalist, discussed XRP reaching $10,000 as “inevitable” during a 2024 podcast.
Aljarrah argued that central banks and institutions like the IMF would “set” XRP’s price higher to ensure its use in large transactions. Farina supported this view, highlighting XRP’s technological edge and the potential for global expansion in the crypto market.
Furthermore, he compared XRP’s growth potential to Bitcoin’s rise. Farina emphasized that XRP’s real-world utility in cross-border payments and asset tokenization makes the $10,000 target “realistic and achievable.”
What $10,000 per XRP Means
While these projections are enticing, these ambitious market commentators often overlook the market cap implications of such a projection.
For context, the price of XRP is currently $3.10, with a market cap of $177 billion. For the third-largest crypto asset to reach $10,000 per token, its price must soar by 322,481% from its current value.
Moreover, this extraordinary price surge would put XRP’s market cap at $576.4 trillion, a hypothetical aspiration. To put this in perspective, global wealth is estimated at $454 trillion.
Essentially, should XRP alone control a market cap of $576 trillion, it raises the question of what global wealth would look like, or even the wealth of gold and Bitcoin, which are several times larger than XRP.
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