Cryptoguard Operations Executive Matthew Brenn explains great confidence in XRP. Speaking during the first episode of “ASK Matty Show”, Bryen explained that he is convinced that XRP is likely to rise to $ 1,000. His remarks occur at a time when Altcoin remains the fourth largest encrypted currency in the world through the market value.
Briefen also revealed that half of its encryption set is XRP. Although he refused to cite the exact amount of symbols in his ownership, he announced that he had begun to buy Altcoin starting in 2020.
Short and long -term plans for his XRP pregnant women
Matthew Brenn explained that he has different aspirations for XRP in the future. In the short term, it aims to liquidate the majority of its property in the next few years. He referred to the bull cycle 2024-2025 as it is likely to get profits and relaxed.
In the long run, the Briefen plans to hold a smaller part of XRP in its wallet for an additional five to 10 years. It depends on the adoption of the growing encryption in Border payments To pay its price up in the future. Brietenn noted that XRP transactions are fast, settling in less than five seconds, and only cost part of a penny.
Prediction: $ 100 or even $ 1,000
Brenn did not stop at short -term plans. He went on to predict that XRP could reach between $ 100 and $ 1,000 over the next ten years. With XRP trading around it $ 2.05 At the time of his comments, reaching $ 100 will require a jump of about 4,770 %, and export $ 1,000 means an increase of approximately 48,600 %.
Of these numbers, an investment of 5,000 coins worth $ 10,250 at the current levels will be worth $ 500,000 at $ 100, or $ 5 million at $ 1,000.
The roof of the XRP market will have to experience a dramatic expansion
If XRP rises to $ 100, the maximum market will increase to about 5.84 trillion dollars with the circulating offer remaining fixed. If he goes to $ 1,000, his market ceiling will explode to approximately $ 58 trillion. These are the values that will get the value of XRP that exceeds the global economy today.
Despite the need for huge climbing, Bryenn indicated that he feels that the target of $ 1,000 can be achieved. He no longer happened, but he indicated that he sees a scenario as he could provide XRP technology and long -term development speed.
Distinctive image from Blockzeit, the tradingvief chart
