Cryptoguard COO Matthew Brienen expresses confidence in XRP, stressing that he expects him to achieve an ambitious objective of $ 1,000.
Matthew do The disclosure during the first edition of the “Ask Matty Show”, demonstrating its strong conviction for the fourth largest cryptocurrency by market capitalization.
During the interview, the COO Cryptoguard provided an overview of its cryptographic holdings, noting that 50% of its portfolio is in XRP. However, he did not reveal how many XRP he holds.
According to him, he has stacked XRP since 2020. This accumulation strategy generally helps investors to smooth volatility and to reduce their entry price thanks to the average cost in dollars (DCA).
Matt’s vision for XRP
The cryptoguard COO revealed that it had short and long -term visions for XRP. In the short term, Matthew intends to sell most of his XRP participations in the coming years. This could be part of his efforts to lock the profits after the 2024/2025 bull cycle and reduce his exposure to the assets.
He intends to keep part of his XRP hiding place over the next 5 to 10 years. The stakeholder of the crypto hopes that the usefulness of XRP in the cross -border regulations would lead to its value upwards.
Matthew believes that XRP has great potential in cross -border versions and payments. He highlighted XRP’s payment prowess, saying that it regulates transactions in less than five seconds, the costs costing “a fraction of a penny”.
XRP to reach $ 100 at $ 1,000 in 10 years
Given his convictions concerning XRP, Matthew predicted that the active price would achieve daring targets from $ 100 to $ 1,000 over the next 10 years.
The XRP is currently negotiating at $ 2.05 per room, it must rise to 4,778% compared to the current price to win the goal of $ 100 or 48,680% to reach the milestone of $ 1,000.
To demonstrate the importance of these forecasts, a portfolio of 5,000 XRP, currently worth $ 10,250, would be valued at $ 500,000 if the price increased to $ 100. At a target price of $ 1,000, this portfolio containing 5,000 XRP will be estimated at $ 5 million.
Despite the strong growth required for these predictions to take place, the cryptoguard COO stressed that the achievement of the $ 1,000 target for XRP is in the area of the possibility.
At a target price of $ 100, XRP’s market capitalization would amount to $ 5.84, assuming that its supply in circulation remains stable. On the other hand, XRP’s market capitalization would soar 58.39 billions of dollars.
XRP at $ 100 – $ 1,000 predictions
Meanwhile, Matthew is not the only expert to think that XRP could reach three to four figures in the near future. As indicated previously, the top Crypto Pundit Javon Marks predicted that XRP would go up to around $ 100 this year.
Last year, Moshilla market analyst hypothesized that XRP would exceed the $ 100 mark if Bitcoin replaced the ambitious objective of $ 350,000.
In addition, Changelly experts predicted that XRP would exchange the target of $ 1,000 by July 2040, in more than 15 years. According to their forecasts, XRP would achieve a maximum objective of $ 1,078.
Even if these experts seemed confident in their forecasts, it is imperative not to count on these predictions as financial advice.
Difles: This content is informative and should not be considered financial advice. The opinions expressed in this article may include the author’s personal opinions and do not reflect the basic opinion of cryptography. Readers are encouraged to do in -depth research before making investment decisions. The Crypto Basic is not responsible for financial losses.
