Altan Tutar, co-founder of MoreMarkets and former engineer at the NEAR Foundation, recently shared insights into the XRP community’s unwavering belief in the cryptocurrency’s potential to hit $10,000. His observations, discussed on The Rollup podcast, shed light on the psychology behind such ambitious price targets and how they compare to Bitcoin’s historic rise.
The $10,000 XRP Dream: Faith or Fantasy?
During his immersion in XRP-focused platforms and events like XRP Las Vegas, Tutar noted the almost religious conviction among holders.
“There are people who believe in it like a religion,” he said. “It’s an amazing marketing machine… I’ve never seen anything like this in any other community.”
Bitcoin’s Precedent: A Beacon of Hope
Podcast host Andy dismissed the $10,000 prediction as unrealistic, arguing that **XRP reaching $100**—let alone $10,000—is improbable. However, Tutar highlighted the community’s counterargument:
“Bitcoin went to $100K,” he noted. “So why not XRP?”
👉 Why Bitcoin’s success fuels XRP optimism
| Asset | Current Price | All-Time Growth | Required Surge for $10K |
|---|---|---|---|
| Bitcoin | $107,000 | 220,138,673% | N/A |
| XRP | $2.09 | 74,605% | 478,368% |
Market Cap Realities
For XRP to hit $10,000, its market cap would need to exceed **$500 trillion—more than 5x global GDP. Critics argue this renders the target mathematically implausible**, yet Bitcoin’s past skeptics offer a cautionary tale.
XRP’s Unique Holders: No Yield, Pure Belief
Tutar emphasized that XRP lacks staking or yield mechanisms, making its community uniquely driven by long-term conviction rather than passive income.
“You’re not earning yields,” he explained. “It’s the belief that it will explode in value.”
This loyalty has influenced MoreMarkets’ strategy, prioritizing the XRP ecosystem before expanding to other assets like Stellar (XLM) and NEAR.
FAQ: Addressing Key Doubts
Q: How realistic is a $10,000 XRP price?
A: Given current metrics, it’s statistically improbable—but Bitcoin’s history shows crypto markets defy conventional logic.
Q: Why does the XRP community believe so strongly?
A: Decades of resilience (e.g., Ripple vs. SEC) and Bitcoin’s precedent fuel a “anything is possible” mindset.
Q: Could XRP realistically reach $100 first?
A: A $100 XRP would require a ~4,700% surge—challenging but less extreme than $10K.
👉 Explore crypto’s most ambitious predictions
Final Thoughts
While $10,000 XRP remains a long shot, the community’s fervor mirrors early Bitcoin adopters. Whether faith or folly, Tutar’s insights reveal how narrative and precedent shape crypto valuations—often beyond pure fundamentals.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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