Pundit Says XRP is the Future, Explaining How $XRP Will Reach $10,000?
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Recently, Robert Doyle, the founder of Cryptonairz, asserted that XRP is the future, projecting a hypothetical price point of $10,000.
Doyle, who goes by âCrypto Senseiâ in the crypto community, expressed this sentiment in a recent analysis exploring XRPâs utility in the payment market. Specifically, he grounded the $10K outlook for XRP on the expectation that XRP will be adopted by the BRICS nationsâBrazil, Russia, India, China, and South Africaâas part of their financial system.
Additionally, the industry commentator supported the case for a $10K XRP valuation by referencing its prospective role in the burgeoning tokenization sector. He drew attention to forecasts suggesting that the tokenization market could expand by 80-fold within the next five years.
In parallel, Crypto Sensei suggested that investments in cryptocurrencies that cater to this market could yield substantial returns for investors.
In an interview, Rippleâs CTO, David Schwartz, expressed optimism about the XRP Ledgerâs role in tokenizing real-world assets. He cited its low fees and integration with DEXs as key advantages. Based on these factors, Schwartz predicted that XRPL will become a preferred platform for tokenization by 2025.
As of press time, XRP is trading at $0.5265. For it to reach the proposed $10,000 mark, the asset would need to experience an astronomical growth of 1,899,235%, resulting in a market cap approaching $100 trillion.
Although Crypto Sensei is not alone in predicting XRP at $10,000, critics argue that the resulting market cap renders this forecast unrealistic, dismissing it as wishful thinking.