Altan Tutar, co-founder of MoreMarkets and former engineer at the NEAR Foundation, recently shared his experience with the XRP community and the ambitious price predictions many within it hold.
He highlighted the strength of the XRP Army and the community-driven belief that XRP could one day reach the $10,000 mark. His comments came during an episode of The Rollup podcast.
After immersing himself in XRP-focused YouTube channels and attending the XRP Las Vegas event, Tutar remarked on the intense conviction of XRP holders. He noted how many firmly believe that XRP could eventually climb to $10,000.
“There are people who almost believe in it like a religion,” Tutar said. “It’s an amazing marketing machine… I’ve never seen anything like this in any other community.”
“Bitcoin Hit $100K, So Why Not XRP?”
Meanwhile, podcast host Andy dismissed the $10,000 price prediction as a fantasy, stating, “XRP is not going to $10,000.” In his view, it’s unlikely to even reach $100, adding that $10 is already a stretch for XRP.
This skepticism reflects a broader market sentiment. XRP has struggled to break past its all-time high for nearly eight years, making the notion of it reaching $100, let alone $10,000, highly questionable.
Tutar did not confirm the $10,000 prediction himself but defended the internal logic of such beliefs within the community. He explained that just as Bitcoin’s meteoric rise once seemed improbable, XRP supporters now believe their asset can also defy expectations.
“Bitcoin went to $100K,” he said, highlighting the common rationale within the community. “So why not XRP?”
Notably, with Bitcoin currently trading at $107,000, it has risen by an astounding 220,138,673% from its bottom 15 years ago. By comparison, XRP, on the market for nearly as long, has risen just 74,605% from its lowest price to its current value of $2.09. From here, XRP would need to surge another 478,368% to reach the lofty $10,000 price target.
Given this enormous leap and the resulting market cap implications, many critics have dismissed the $10,000 prediction as pure fantasy. Yet, Bitcoin’s historical trajectory continues to fuel the optimism of many XRP proponents.
No Yield, Just Conviction
Tutar also pointed out that XRP differs from many other tokens in a major way. For one, it does not offer staking or yield rewards. He explained that this shapes the behavior of its holders, who aren’t drawn by the potential for passive income.
“You’re not earning yields,” he said. “It’s the belief in the community that at some point it will [explode in value].”
This loyalty has influenced MoreMarkets’ own strategy. According to Tutar, the company plans to start by engaging with the XRP ecosystem before expanding to other under-activated assets like Stellar (XLM) and NEAR.
Indeed, the XRP community has long been known for its resilience, especially during Ripple’s legal battles with the U.S. SEC. For Tutar, this strength represents more than just hype; it’s a force that platforms like MoreMarkets can harness for broader adoption and innovation.
“We talk to them quite often,” he said. “We do a bunch of marketing with XRP Key Opinion Leaders.”
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
