Top XRP Investor Is Willing to Wait 10 Years for 33,000% Price Rally
Main Idea
Crypto investor Armando Pantoja predicts XRP could reach $1,000 in 10+ years, despite skepticism about its feasibility due to market cap constraints, while citing regulatory clarity as a potential growth catalyst.
Key Points
1. Armando Pantoja believes XRP could rise by 33,233% to $1,000, though he acknowledges it may take over a decade, comparing it to Bitcoin's historical growth.
2. Pantoja attributes XRP's slow growth to regulatory uncertainty, particularly the SEC's lawsuit, but sees potential for recovery as clarity improves.
3. Critics argue a $1,000 XRP price is unrealistic, as it would require a $59 trillion market cap—exceeding the combined value of major global assets like gold and tech giants.
4. Some supporters, like EasyA's Dom Kwok and CryptoGuard's Matthew Brienen, share Pantoja's long-term optimism, with Brienen projecting a $1,000 XRP by 2035.
5. Pantoja describes XRP's current market state as a 'bear trap,' with fear-driven selling due to past legal setbacks.
Description
Armando Pantoja, a well-known crypto investor and expert, has stirred up the XRP army with his view that the digital asset can eventually reach $1,000. He recognizes that such a valuation would require an increase of more than 33,000% from current levels, but is willing to wait 10 years for XRP to achieve that growth. Massive Gains But An Extended Timeline Currently priced near $3, XRP would need to rise by approximately 33,233% to hit the $1,000 mark . Pantoja believes that while this figure is...
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