Category: Crypto News, News
Pundit Says People Will Happily Pay $100 per XRP, as $100 Could Become a Cheap Entry Point
Although XRP is trading at around $2, prominent commentators in the XRP community continue to envision a future where the token is worth three to four digits.
The crypto market is in recovery mode after weeks of a harrowing price crash. XRP experienced its share of the downturn, dipping to $1.60, but has since rebounded to $2.25 today.
Meanwhile, XRP market commentators like BarriC see prices at these levels as an opportunity window for “cheap” accumulation before the asset becomes out of reach.
“People Will Happily Pay $100 for XRP”
In a bold statement, BarriC shared that XRP could eventually skyrocket to $1,000 per token. Notably, this price level represents a 44,344% increase from today’s value.
BarriC claimed that today’s price represents a bargain. He suggested that someday, investors will gladly pay $100 for a single XRP token, viewing the triple-digit price as the potential new “cheap” entry point for the asset when this occurs.
This implies that XRP’s price would have exceeded $100 at some point, but due to typical market retracements, it would dip back to that level, at which point market participants would see it as a new buying opportunity.
BarriC believes this hypothetical scenario would mark a psychological shift that could set the stage for even more explosive growth. Specifically, he claimed that once $100 becomes the new baseline entry point for XRP, the token could surge to $1,000 due to heightened buying pressure.
Interestingly, BarriC even envisions that people will eventually pay $1,000 per XRP to be part of a new global financial system, because, in his view, by then, there will be no denying XRP’s potential.
BarriC’s tweet taps into long-standing hopes among XRP holders. Many believe the token’s potential central role in the global financial infrastructure will drive its value upward.
Many in the XRP community share BarriC’s sentiment, including Alpha Lions Academy founder Edoardo Farina. In his view, even an XRP price of $50 could cause anxiety among investors longing for it to reach $100.
Speculative Timelines for XRP to Reach $100 and $1,000
In previous commentary, BarriC even set ambitious timelines for XRP to reach what he calls the “cheap” price of $100 and beyond. He claimed that by the sixth Bitcoin halving in 2032, XRP would be considered cheap in the $100 range and above.
Other market analysts suggest it could take longer for XRP to reach $100. For instance, Telegaon projects that XRP could be trading at $119 by 2040, with a potential high of $160 the same year. Meanwhile, Changelly has even suggested XRP could surpass $1,000 by 2040.
Critics Disagree
On the other hand, skeptics point to the massive market cap that such a price would imply to dismiss these projections as more wishful thinking than grounded analysis.
To put it in perspective: at a $1,000 price point, assuming XRP’s circulating supply remains steady at 58 billion, the market cap would be $58 trillion. At full supply, it could reach $100 trillion — a figure critics call far-fetched and disconnected from reality.
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.
Written by : Editorial team of BIPNs
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