Market Analyst Calls $1,000 XRP Price Projection “Fantasy Pricing”
A market analyst warns XRP holders that a $1,000 price target is unrealistic. Tony The Bull states that achieving such a price would require an unsustainable market cap, exceeding major corporations and national economies.
Key Points on the $1,000 XRP Price
- A $1,000 XRP price would create a market cap four times larger than gold.
- This valuation would be fifteen times greater than Apple’s market cap.
- It would equal half of the total world GDP, an unprecedented scenario.
- The hypothetical market cap would also rival half the global stock market value.
- Tony labels this expectation as "fantasy pricing" and asserts it is not feasible by 2030.
Tony emphasizes that even with strong market performance and adoption, the gap to reach this price remains too wide. Investors may need to wait decades with no guarantee of reaching such levels.