Alright, here we go! Dive into the world of crypto chaos with me. It’s like Matthew Brienen’s trying to play Nostradamus with XRP, right? This guy ain’t shy about his love for that altcoin. On this episode of the “Ask Matty Show,” he had the audacity to claim XRP might hit a whopping $1,000 someday. Bold, huh? And here we are, just trying to understand where our coffee money went.
Brienen, cool as a cucumber, mentions that half of his crypto stash is XRP. But nope, he’s not telling us how much he’s hoarding. He’s been stacking since 2020 though, playing it smart or crazy, who knows?
### The Short Game and the Long Gamble
Our boy Matty’s got plans. Big plans. He intends to cash in most of his XRP during the bull run in 2024-2025. Yeah, that’s the strategy. Yet, he’s keeping a slice of the pie for the next decade or so. Why? He’s banking on more folks using XRP for cross-border transactions. With those lightning-fast, dirt-cheap transactions, he’s got a point.
### Wild Predictions: $100, Maybe $1,000?
Brienen throws out numbers like a game of darts. Think $100, or wait for it—$1,000 in ten years. XRP’s chilling at $2.05 now, so that’s a wild leap. Imagine buying 5,000 coins now for about $10,250 and them shooting up to a value of half a mil or even 5 million. Mind-blowing, right?
But here’s the kicker. For XRP to hit $100, the market cap would need to rise to $5.84 trillion. And for $1,000? A mind-numbing $58 trillion. That’s like dreaming the market’s gonna inflate bigger than our wildest imaginations.
Yet, Brienen stays optimistic, seeing a future where XRP’s tech fuels massive growth. No promises, just dreams and scenarios.
Go ahead, laugh or join the ride, but Brienen’s got his eyes on the prize, driving forward with the kind of optimism that borders on madness. Gotta love the chaotic beauty of crypto speculations, right?
Featured image, credits to Blockzeit and TradingView for the wild charts.