Ex-Ripple CTO Schwartz: Market no dey price XRP at $10,000
Former Ripple CTO David Schwartz push back on renewed talk say XRP fit hit $10,000 inside ten years. E talk say market no dey show the kain accumulation wey you go expect if big investors really believe inside that $10,000 XRP storyline.
Schwartz talk say any serious institutional expectations for the price suppose don show for price and buying pressure already. E also stress say no concrete evidence dey support the bullish story, and na him personal judgement e dey give — no be because of legal or outside matter.
The article still shine light on the bigger policy wahala around the crypto industry, mention worry dem get about the proposed CLARITY Act. Schwartz call for clearer, open communication with regulators to avoid too much overregulation.
For traders, the immediate takeaway na sentiment: doubt about an XRP $10,000 target fit cool down the extreme hype, but e no change XRP core fundamentals or regulatory status for this report. Short-term price moves fit depend more on positioning, liquidity, and whether real demand for XRP go confirm or deny the “not priced in” argument.
Neutral
Schwartz tok tok dey challenge one extreme long-term XRP price target ($10,000) directly, we fit cool down speculative feeling and reduce the attraction of “priced in” upside stories. Di article no de bring new XRP-specific regulatory outcomes, protocol changes, or fundamental catalysts. E mainly just reframe people expectation: if big investors really believe say XRP go reach $10,000, price action for don show early accumulation.
Short term, traders fit see sentiment cool down (less hype, possible profit-taking from those wey dey chase the target). Long term, without solid proof of regulatory reversal or real fundamental deterioration, the impact go mostly dey for narrative positioning rather than fundamentals. Overall, market stability for XRP depend on whether spot/flow data later confirm real demand versus remain mostly speculative.