Re: Ripple Employee Says its XRP Will Not Reach $100 in 2020
According to Josh, it would practically impossible for the price of XRP to kick-jump to $100 as that would sum up the whole entire market cap of XRP to $10 trillion.
According to his reply to a question on Quora, Josh confirmed that Bitcoin, which has a market cap of Bitcoin of about $165 billion has taken the major chunk of whole crypto market, which is worth about $227 billion. Hence, he doesn’t seem to see how XRP would dominate the others considering the value and rate of use.
Cryptoknowmics
Yeah, it's kinda impossible at the moment to reach 100$, and the market value today can't even reach 1$ although the XRP is a top high market cap token in the market.
I think the 1$ is realistic and possible to happen at any moment since almost all of the tokens in the market are exploding right now, 100$ is not just some x10.
In my experience in XRP trading, it kinda moves sideways with the bitcoin market price, when the bitcoin market price is down that is where XRP market price kinda pump so maybe when the bitcoin market stabilizes we could expect a good pump in the XRP market.