Ripple Exec Disappoints XRP Bulls: 'If $10,000 XRP Was Real, It Would Already Be $20'
10 Articles
10 Articles
Ripple Exec Disappoints XRP Bulls: 'If $10,000 XRP Was Real, It Would Already Be $20'
Ripple CTO David Schwartz dismissed $10,000 XRP (CRYPTO: XRP) price predictions, arguing that if wealthy rational investors believed there was even a 1% chance of that outcome, XRP would already trade at $20 instead of $1.37. The Market Efficiency Argument The discussion started when an X user asked Schwartz to respond to theories suggesting XRP could reach $10,000 based on a valuation model popularized by Chris Burniske using the formula Price …
David Schwartz Drops XRP Price Bombshell Statement That Stuns XRP Army
A community member directed a question at David Schwartz, Ripple’s former Chief Technology Officer, asking for his thoughts on the widely circulated $10,000 XRP price target. The target has long circulated in XRP communities, often backed by Chris Burniske’s theoretical token valuation formula. Schwartz’s response was devastating to the thesis. The Logic Schwartz Used Schwartz made a straightforward expected-value argument. He stated that if rat…
XRP price jump to $10,000 dismissed as unrealistic
🪙 David Schwartz says a $10,000 price in $XRP is unrealistic. XRP remains near $1.37 with an $84.76 billion market cap. Continue Reading:XRP price jump to $10,000 dismissed as unrealistic The post XRP price jump to $10,000 dismissed as unrealistic appeared first on COINTURK NEWS.
🚨 Ripple CTO David Schwartz stated that the $10,000 target for XRP is unrealistic. 🔥 According to market expectations, $XRP is currently trading at only $1.37. 💡 Schwartz said that large price targets will only be reflected in today's prices if investors consider them realistic...
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