David Schwartz, former CTO of Ripple and a key figure in the development of the XRP Ledger, has publicly challenged predictions that XRP could reach $10,000. Schwartz questioned why, if there were even a small chance of such a price, XRP is not already trading significantly higher than its current level of $1.41. He argued that rational investors would have driven the price up if they believed in the possibility of such a valuation.
Schwartz also addressed rumors about potential undisclosed mechanisms that could dramatically increase XRP's price, dismissing them as unrealistic given the current market conditions. He emphasized that he has never been restricted from speaking truthfully about XRP or Ripple, countering claims of a gag order. Schwartz's comments highlight skepticism within the community regarding extreme price forecasts, which often circulate on social media.
Ripple Ex-CTO David Schwartz Dismisses $10,000 XRP Price Predictions
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