Ripple’s David Schwartz Challenges $100 XRP Projections Despite Enthusiast Hopes

David Schwartz, former CTO of Ripple and architect of the XRP Ledger, engaged in a discussion about XRP's potential to reach $50 or $100. His stance was not outright bullish but focused on how markets price belief and probability.

Key Points:

Schwartz did not dismiss the possibility of XRP reaching $100 but highlighted market behavior as a determinant of such outcomes.
He suggested that if enough investors believed in a $100 target, the market would already reflect that belief with higher current prices.
XRP is trading below $10, indicating few market participants see a serious probability of it reaching $100 soon.
He compared XRP's potential growth to past events in Bitcoin and Ethereum, noting similar improbabilities for their ten-fold increases today.
Schwartz believes major crypto bull runs are often triggered by unpredictable external changes, leaving room for future possibilities.

While some enthusiasts promote high targets like $100, Schwartz's comments align more with those urging caution and realistic expectations based on current market dynamics.