Matthew Brienen, Chief Operating Officer at CryptoCharged, predicts XRP could hit four-digit prices. In a recent YouTube video, he called this scenario “highly possible.”
Brienen disclosed that XRP is his largest holding, making up 50% of his portfolio. Over the past five years, he has accumulated XRP at low prices. He believes in its potential and has both short-term and long-term strategies for it. While he plans to sell some holdings for profit, he will retain a portion for the next 5 to 10 years.
XRP’s Utility Drives Optimism
Brienen’s confidence in XRP stems from its use in remittance services. He sees significant potential for XRP in global money transfers. “I see the potential with remittance payments and moving money worldwide in five seconds for a fraction of a penny,” he said.
From a technical perspective, he believes XRP could reach $100 to $1,000 within a decade. However, he acknowledged that this could take longer or happen faster, depending on market cycles.
Market Cap and Growth Potential
Currently, XRP trades at $2.41, with a market cap of $139 billion. A price surge to $100 or $1,000 would push its market cap to $5.7 trillion or $57 trillion. This increase would require an astonishing 41,393% growth.
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Brienen compared XRP’s potential to Bitcoin and Ethereum’s past performance. Bitcoin remains the only cryptocurrency with a multi-trillion-dollar market cap, while Ethereum reached $500 billion in the last cycle.
Historical Crypto Growth as a Benchmark
Bitcoin surged 196,866,457% from its $0.048 all-time low 15 years ago. Ethereum climbed 619,116% from its floor price of $2,600 in nine years. XRP has grown 85,773% from its all-time low, but its gains lag behind Bitcoin and Ethereum.
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Despite this, Brienen remains optimistic about XRP’s future. Many financial analysts in the XRP community share similar views, predicting three-digit prices.
Some analysts believe XRP could hit $100 this year. Others argue that such a milestone remains far off. While Brienen sees $1,000 in the next decade, analysts at Telegaon suggest that even in 25 years, XRP may not reach $500.
XRP’s future remains uncertain, but Brienen and others believe in its long-term growth. If market conditions align, XRP could follow Bitcoin and Ethereum’s trajectories. However, investors should consider varying expert opinions before making decisions.
