BitLab Academy Director Criticizes $10,000 XRP Price Prediction, Says it’s Ridiculous

Speculation about XRP’s future price trajectory has reached new extremes following Donald Trump’s U.S. presidential victory. Some market analysts have put forward ambitious price targets, with a few even predicting an astronomical rise to $10,000 per token . However, this prediction has been met with widespread skepticism, with many experts dismissing it as highly unrealistic.

Kelly Kellam: XRP at $10,000 is a Fantasy

Kelly Kellam, Director of BitLab Academy, has criticized the idea of XRP reaching $10,000 , calling it completely irrational. In his view, anyone seriously entertaining such predictions would be better off donating their money to charity.

Kellam explained that while XRP has strong fundamentals and could see significant price growth in this cycle, a valuation of $10,000 per token is far beyond the realm of possibility. He pointed out that for XRP to hit such a price, its market capitalization would need to exceed $577 trillion—a figure that dwarfs the entire global economy.

Instead, Kellam outlined more realistic price targets, suggesting that XRP could trade between $6 and $10 under normal bullish conditions. In an extremely bullish market or “supercycle,” he acknowledged that XRP might reach $20 to $30, but anything beyond that remains highly improbable.

His skepticism runs so deep that he suggested that pushing the $10,000 price prediction should be blocked from serious discussions.

The Bold Claims Behind the $10,000 Prediction

Kellam’s remarks were prompted by a post from Crypto Sensei, the founder of Cryptonairz, who remains one of the most vocal supporters of the $10,000 price target. Sensei argues that XRP’s extensive network of partnerships and its increasing adoption will fuel exponential price appreciation.

His theory is based on the belief that as Ripple’s technology gains traction in global finance, XRP will become a central medium for institutional transactions, driving its value to unprecedented levels. To support his claim, Sensei shared a diagram highlighting Ripple’s ecosystem, including collaborations with financial giants.

Industry Experts Cast Doubt on Extreme Predictions

Despite Sensei’s confidence, many analysts and influencers have pushed back against XRP reaching five-figure territory. One notable voice in the debate, AltMom, expressed optimism about XRP’s potential but dismissed the $10,000 prediction as wildly unrealistic.

She pointed out that for XRP to achieve such a valuation, it would require a daily trading volume between $9.5 and $10 trillion—a figure above current market activity. Even considering the total liquidity across all major financial markets, the fluctuating volume only stands at approximately $80 trillion today, making Sensei’s target implausible.

We are on twitter, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) July 15, 2023

AltMom also referenced BlackRock’s growing interest in crypto , noting that its fund has expanded from $200 million to $625 million since November. However, even with favorable catalysts—including regulatory clarity, institutional adoption, and potential pro-crypto policies from Trump—she remains skeptical of XRP surpassing $13 this cycle.

Her realistic XRP price projection falls between $8 and $13, suggesting that if XRP fails to reach these levels, Investors may need to scale back their optimism.

A More Conservative Take on XRP’s Price Potential

Another well-known crypto analyst, Crypto Warehouse, has maintained a more moderate outlook. Since early 2023, he has consistently projected that XRP would likely trade between $5 and $7 in a bullish environment. Given the current momentum, he believes that $5 is a near-certainty , with the potential for XRP to reach $7 if the rally sustains its strength.

However, Crypto Warehouse remains doubtful that XRP’s market capitalization can sustain valuations significantly higher than this range. He believes that while XRP’s ecosystem is expanding, market realities do not support the idea of a multi-trillion-dollar valuation.

Realistic Expectations for XRP’s Growth

While XRP has strong fundamentals and growing institutional interest, the $10,000 price prediction remains an extreme outlier. Analysts like Kelly Kellam, AltMom, and Crypto Warehouse argue that XRP’s growth potential is promising but should be viewed within a realistic framework.

As the crypto market continues to evolve, investors are encouraged to base their expectations on data-driven analysis rather than speculative hype.  According to experts, XRP may still experience substantial gains, but reaching five-figure territory is wishful thinking.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

Follow us on Twitter , Facebook , Telegram , and Google News