Category: Crypto News, News
BitLab Academy Director Says XRP to $10,000 is Ridiculous: Here’s Why
Amid widespread speculations, BitLab Academy Director Kellam believes the XRP to $10,000 price predictions are ridiculous.
As XRP continues its bullish run following Donald Trump’s victory in the U.S. presidential election, ambitious price predictions have surfaced.
Some analysts see XRP reaching staggering heights, with a few even expecting an ambitious $10,000 price. However, this prediction has been largely controversial, with multiple market commentators calling it unrealistic.
Kelly Kellam Dismisses $10,000 XRP as Unrealistic
BitLab Academy Director Kelly Kellam is one of the latest figures to criticize the idea of XRP reaching $10,000. He believes such projections are completely irrational. According to him, anyone convinced that XRP will hit this level would be better off donating their money to charity.
$10,000 XRP price target!!! Fucking ridiculous:
If you believe XRP is going to 10k. Please choose a go fund me campaign & donate it. Your money will be put to better work.
Now, whether you like $XRP or not it will still perform quite bullishly this cycle. But a $10k price… https://t.co/V13w1aujjO
— KellyKellam (@Kellykellam) January 31, 2025
Kellam emphasized that XRP will likely experience a strong uptrend in this cycle, but a valuation of $10,000 per token is out of the question. He pointed out that such a price would require an astronomical market capitalization of around $577 trillion, even before considering inflation.
In his view, a price range between $6 and $10 is much more reasonable. Under extreme bullish conditions, he believes XRP could reach $20, and in the event of an overwhelming supercycle, it could push to $30. However, anything beyond that is highly improbable.
In fact, Kellam is so skeptical of the $10,000 price prediction that he suggests blocking anyone who promotes such claims.
A Bold Prediction
For context, Kellam’s remarks came in response to a post by Crypto Sensei, the founder of Cryptonairz and one of the individuals who believe an XRP to $10,000 prediction is feasible.
In one of his latest disclosures, Sensei claimed that XRP is set to hit $10,000, backing his argument with a diagram showcasing Ripple’s numerous partnerships and projects. He implied that XRP’s widespread adoption would drive its value to such levels.
XRP is expected to reach $10,000 per token! Here are the confirmed banks planning to integrate #XRP. pic.twitter.com/ULV7FkPFOU
— CryptoSensei (@Crypt0Senseii) January 30, 2025
Other Analysts Express Doubt
However, his projection has faced intense opposition from Kellam and other market commentators, who found the claim unrealistic. A well-known crypto influencer, AltMom, noted she was optimistic about XRP but doubted its ability to reach $10,000.
I’m bullish, but for $XRP to hit $10k, we’d need about $9.5-10 trillion in volume which is fluctuating around 80 trillion adding all the “M’s”
BlackRock’s crypto fund is up $200 million to nearly $625 million since Nov. Even w/ news from Trump, Grayscale, &
China it’s a bit…— AltMom 👑🌹 1st Rose on the Moon 🌙 (@AltMomTrades) January 31, 2025
She asserted that for XRP to reach this level, it would need a trading volume of around $9.5 to $10 trillion. Meanwhile, according to her, even after accounting for all major markets, the total fluctuating volume currently stands at roughly $80 trillion.
She also referenced BlackRock’s growing crypto fund, which has increased from $200 million to nearly $625 million since November. Even with bullish news from Trump, Grayscale, and China, the crypto influencer believes XRP hitting such an astronomical price is far-fetched.
Instead, she predicts XRP will likely settle within the $8 to $13 range this cycle. If it fails to reach this level, she suggests that XRP holders may need to reconsider their expectations.
In addition, Crypto Warehouse, another crypto influencer, highlighted a more conservative price target. He noted that since early 2023, he has maintained that XRP will likely reach between $5 and $7.
Now, given the current market conditions, Crypto Warehouse is confident that XRP will easily hit $5 and could trend toward $7 if bullish momentum continues. However, he does not believe XRP’s market cap can sustain much higher valuations.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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