XRP has always divided opinion across the crypto market, especially when it comes to long-term price predictions. One well-known proponent argues that many critics are looking at the property the wrong way.
According to an X post shared by BarriC, the biggest mistake people make with a token is trying to predict its future by using a past that never included actual acquisitions.
Futures Price at Past Sale Time
BarriC, which has made a name for itself by consistently calling strong XRP prices, insists that the framework investors rely on today is not perfect. In his opinion, an altcoin has never really been priced under conditions that reflect its intended role in global finance, so it’s impossible to know how that will play out in price if it eventually does.
BarriC’s The dispute is that XRP has until now it has existed almost entirely within the retail space. This is based on a structure that has shaped crypto for over a decade: four-year cycles, Bitcoin halvings, bull markets followed by altcoin seasons, and bear market resets at the end. XRP, like many digital assets, has traded largely as a speculative instrument in trading within that structure.
The above framework is the only one that most market participants understand, and this is reflected in the analytical opinion from various crypto analysts. Investors look at charts, historical patterns, and market capitalization models, and conclude that price targets in the thousands or thousands of dollars are unreasonable. Based on that idea, the numbers like $1,000 or $10,000 because the altcoin seems detached from the financial concept.
These crypto cycles do not count the phase in which the digital asset changes speculative trading to be embedded in the global financial infrastructure, which is a long-term vision that many fans associate with XRP and Ripple.
Why Market Cap Doesn’t Matter
BarriC and a few others they have spent many times market capitalization as a limiting factor in future XRP valuations. Critics often argue that a higher price target would require the token to exceed the total value of the world’s major asset classes.
Once XRP is merged in the world’s financial infrastructure, it will stop behaving like an exchange. It becomes necessary. “And demand doesn’t cost the same as speculation,” said the analyst. Previous analyst predictions put the altcoin to stabilize above $1,000 following the action plan.
XRP and Ripple’s infrastructure, for one, predicted to replace SWIFT as a global payments infrastructure, and analysts have suggested that XRP and Ripple will handle the majority of SWIFT’s annual flow of an estimated $150 trillion by 2030. If that were to happen, the demand for cryptocurrency would be completely different from what it is now. This, along with several other speculations, collaborations, and recent acquisitions, has seen Ripple’s value grow in recent months. Ripple i which is now the ninth largest private company in the world.
Featured image from Freepik, chart from Tradingview.com
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