Ripple CTO Says It’s Hard
An X (formerly Twitter) user drew the attention of the Ripple CTO toward the numerous XRP price predictions that have been making the rounds on social media. The X user who goes by Darkhorse called out Ripple and its founders for not debunking these outrageous price predictions that have gone as high as $50,000, saying that “Ripple have let people suffer, while Ripple founders hit the rich list & post $2m porches.”
Lastly, the CTO points to the possibility of legal risks arising from trying to debunk all of the price predictions.
I completely understand why you feel this way, I do sometimes too. But it’s a lot harder than you think. We don’t know everything, and even a small chance we “debunk” something true is worrisome. If we call out everything we know is false, we’ll be seen to be enforcing things we… — David “JoelKatz” Schwartz (@JoelKatz)
XRP Price Predictions Are Still Rampant
The XRP price predictions are still coming in hot over the last few weeks. Some of the most notable ones include the $10,000 forecast put forward by an analyst who goes by Lord XRP on X (formerly Twitter). The placing the XRP price at $500.
Both of these price predictions actually follow the expectation that Ripple will begin to capture a larger share of the payments market. When this happens, the analysts expect the XRP price to rise exponentially as a result of the share of the market cap commanded by Ripple.
Smaller price predictions have also included a predicted run to $130 by pseudonymous crypto analyst XRP Captain. However, the in the price trend over the last few days suggests none of these predictions would be happening anytime soon.
Token price holding $0.5 support | Source:
