Matthew Brienen, the Chief Operating Officer at CryptoCharged, has made a bold prediction about the future price of XRP, suggesting that the cryptocurrency could rise to anywhere between $100 and $1,000 in the next 10 years.
In a video shared on his YouTube channel, Brienen revealed that XRP is his largest holding, making up 50% of his investment portfolio. He has been purchasing XRP at low prices for over five years and believes the asset has great long-term potential.
Brienen explained that his optimism is based on XRP’s use in remittance services. He believes XRP can revolutionize the way money is transferred globally, stating that it could enable payments in seconds for a very low cost.
Brienen’s prediction of a four-digit price would require a massive growth in XRP’s market cap. Currently priced at $2.41 per token, with a market cap of $139 billion, XRP would need to increase by 41,393% to reach $1,000 per token, putting its market cap between $5.7 trillion and $57 trillion.
While Brienen sees a ten-year timeline for this price increase, he acknowledged that the growth could happen faster or take longer depending on market cycles.
Brienen also drew comparisons between XRP and other cryptocurrencies like Bitcoin and Ethereum, which have shown significant long-term growth. He hopes XRP could experience similar growth over the next decade, despite its historical performance being less impressive than Bitcoin and Ethereum.
Some analysts are even predicting that XRP could reach $100 this year, while others suggest that it may take decades for XRP to approach such numbers. Regardless, the general outlook remains positive for this popular digital asset.
