Guavy AI Editorial TeamSentiment: -2Clout: 85

Ripple CTO Dismisses $10,000 XRP Price Predictions

Ripple CTO David Schwartz has sparked debate in the cryptocurrency community with his dismissal of $10,000 XRP price predictions. In a recent exchange, he argued that if wealthy investors believed there was even a 1% chance of such an outcome, the cryptocurrency's price would already be significantly higher.

According to Schwartz, if a few very rich and rational individuals believed in the possibility of XRP reaching $10,000, they would bid up its price to at least $20 today. This statement raises questions about market efficiency and whether community expectations are aligned with reality.