XRP Critic Says XRP Is Going to 20,000 Per Coin

Bitcoin author Jason Williams has entered the aggressive XRP price prediction discourse, though with a sarcastic tone.

He appears to be lending his voice to a growing narrative suggesting that XRP could increase in value by 10,000 times. Specifically, in a tweet on Thursday, Williams declared that XRP is going to 20,000 per coin.

With many naturally assuming he referred to $20,000, this aggressive projection would imply a 999,900% increase. However, while the tweet may initially seem bullish, Williams’ follow-up reveals he was actually mocking XRP’s outlook. This became clearer through his responses to comments under the post.

Mocking XRP Bullish Narrative

For example, when challenged by community members about the feasibility of XRP reaching $20,000 per coin, Williams shared an image showing that 20,000 Lebanese pounds equals just $0.22, stating, “It can happen [for XRP].”

This suggests that Williams was implying that XRP could fall in value to the equivalent of 20,000 units of a devalued currency, not rise to that amount in dollars. The comparison suggests that XRP will lose purchasing power, even against weak fiat currencies.

Essentially, Williams was projecting a fall in XRP’s value, not a price pump. His post appears to directly counter the audacious theory earlier promoted by game developer Chad Steingraber, who has laid out a case for XRP hitting $20,000 per coin under extreme institutional adoption.

Echoing Steingraber’s $20K XRP Theory

Last week, XRP community members resurfaced Steingraber’s 2022 “XRP to $20,000” theory. One of its core ideas is that if major financial institutions adopt XRP for cross-border settlements, the token’s value could skyrocket.

The theory outlines how institutional demand, tokenized banking systems, and supply absorption through private ledgers could reduce XRP’s public availability and drive extreme price appreciation.

According to Steingraber, retail trading today is merely a prelude. He envisions a global race among wealth funds and high-net-worth individuals to secure XRP as the foundation of a new financial system.

In parallel, he predicts a supply shock with public access dropping below 100 million XRP to spark panic buying and rapid price escalation.

However, critics like Williams view the proposition as wishful thinking rather than grounded economics. Accordingly, he argues that XRP might only reach “20,000” if it becomes as “valuable” as the Lebanese pound.

It can happen. It will happen. pic.twitter.com/wXCLexpzQQ

— Jason Ai. Williams (@GoingParabolic) July 3, 2025

What’s XRP Market Cap at $20,000 Price?

As critics raise eyebrows over the $20,000 XRP prediction, it’s not the first bold forecast within the XRP community. Discussions around XRP reaching $10,000 have been more widespread.

For context, a hypothetical unit price of $20,000 for XRP while its supply remains unchanged would imply a market cap in the quadrillions. This exceeds the current global financial system’s capacity. 

XRP bulls often counter that market capitalization is a misleading metric. However, they have yet to present a widely accepted alternative that supports such a valuation.