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Ripple CTO David Schwartz: Most XRP Holders Don't Actually Believe $100 Price Target
Former Ripple CTO David Schwartz argues that investor behavior contradicts widespread XRP [finance:XRP] price predictions of 100 dollars.
Core Argument
If people genuinely believed XRP had a realistic shot at 100 dollars, they would aggressively accumulate at current levels and refuse to sell any meaningful amounts below 10 dollars. Persistent selling below 10 dollars shows most market participants do not assign serious probability to such targets.
Schwartz Remains Cautious
When pressed to declare XRP will "never" reach 50–100 dollars, Schwartz declined. He admitted past misjudgments, like selling XRP at 0.10 dollars while thinking 0.25 dollars was unrealistic, and noted early Bitcoin [finance:Bitcoin] skepticism around 100 dollars.
Rational Market Logic
Schwartz contends that if rational investors saw even a 10% chance of XRP hitting 100 dollars within a few years, cheap supply below 10 dollars would rapidly disappear as convinced buyers absorbed it all. Since this hasn't happened, very few people truly believe in those price levels.
Markets reflect realistic risk/reward assessments, he says. Major bull runs typically arise from unexpected external catalysts, not popular price narratives from commentators like Jake Claver of Digital Ascension Group.