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HomeCryptocurrencyXRP Holders Are Losing It Over Ex-Ripple CTO's $100 Price Comment

XRP Holders Are Losing It Over Ex-Ripple CTO’s $100 Price Comment

Former Ripple CTO David Schwartz recently addressed a user claiming XRP could never reach $50-$100. He said in his response, “I don’t feel comfortable saying something like that.” This line immediately drew the attention of the XRP army.

However, Schwartz noted that he doesn’t think XRP will reach those levels, drawing criticism from market participants. Crypto analyst and developer Bird (@Bird_XRPL) weighed in, noting that Schwartz’s caution should not be mistaken for a negative outlook.

Perspective on Early XRP Growth

Schwartz entered XRP at $0.006 per token and revealed in this post that he started selling at $0.10. This represents a roughly 1,567% increase from his entry point. XRP later reached $0.25, showing that even Schwartz underestimated the asset’s potential.

Bird pointed out that this history demonstrates how past doubts do not determine future performance, noting that Schwartz admitted he was initially wrong about XRP.

Bird emphasized that the former CTO’s experience mirrors broader cryptocurrency trends. He recalled that Schwartz had once considered Bitcoin hitting $100 “an impossible dream,” yet it eventually surpassed $120,000. Such examples reinforce that cautious statements about likelihood are not equivalent to negative forecasts.

Misunderstood Probability

Bird explained that Schwartz’s phrase “While I don’t think it’s likely” reflects probability, not certainty. It expresses prudence based on prior experiences rather than a dismissal of XRP’s potential. Understanding this distinction is critical for accurately interpreting expert commentary.

By examining Schwartz’s past actions, such as selling XRP at $0.10, the community can appreciate how even insiders can underestimate growth.

Insights for Investors

Bird urged the community to view Schwartz’s comments in the broader context of cryptocurrency price movements. Schwartz has previously explained why XRP cannot remain cheap, and investors should not doubt his faith in the asset or its ecosystem.

XRP’s performance from $0.006 to over $2 illustrates that market developments can exceed early expectations. Analysts and developers may seem to express doubt, but their experiences can indicate opportunities when interpreted carefully.

Is XRP Going to $100?

Bird concluded that when someone with Schwartz’s track record says “I don’t think it’s likely,” it should be read as context for potential, not a warning. He believes Schwartz is not bearish on XRP.

Many analysts believe XRP can reach and even surpass $100. Investors benefit from considering historical outcomes alongside current statements to assess realistic prospects for XRP.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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