Former Ripple CTO David Schwartz rejects $10,000 XRP projection, cites market pricing

David Schwartz disputes $10,000 XRP; says 1% odds imply $20 today

Ripple’s former CTO David Schwartz pushed back on viral $10,000 targets for XRP. He pointed to rational market pricing on X. Source Post

He answered a question using Chris Burniske’s Price = PQ / (V × S) framing. Some use it to justify extreme crypto valuations. Question

Schwartz’s test is simple. If a few rich, rational players saw even 1% odds of $10,000 in 10 years, they would bid XRP to at least $20 now. Post

Key numbers:
- Price near $1.41. Ticker
- Market cap $86.7B. Ticker
- Circulating supply 61.8B. Ticker

At $10,000 per coin, implied value is about $618T. That scale, if credible, should already attract heavy bidding. Ticker

He rejected “gag order” claims. “I’ve never signed anything requiring me to lie,” he said. He would stay silent rather than mislead. Source

He also dismissed talk of a hidden Ripple “switch” to send price over $100. “Hard to imagine we’ve held onto this magic switch so long,” he wrote. Post

Schwartz has countered ultra-bullish calls before. In January, he argued that any real chance of $100 would already show in price. Report

The XRP community keeps posting grand targets. $10,000, $18,000, even $25,000 circulate online. 18,000 25,000