David Schwartz, Ripple's Chief Technology Officer Emeritus, has reiterated his stance on the future price of XRP and other digital assets, dismissing speculation about his private doubts. Schwartz emphasized his consistent transparency regarding XRP's price potential, countering claims that he privately expressed skepticism. He also shared insights into his personal risk attitude, describing himself as naturally cautious and risk-averse.
In a recent discussion, Schwartz disclosed his past cryptocurrency holdings, revealing he once owned 26 million XRP, over 1,000 BTC, and 40,000 ETH, but now holds significantly less. He sold his Ethereum holdings at $1.05 each, expressing skepticism about its potential to reach higher prices. Schwartz also dismissed the notion that XRP could reach $10,000 under current conditions, suggesting that even a 1% chance of such a price would imply a current value of $20.
Ripple's David Schwartz Clarifies XRP Price Views and Risk Approach
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
