The long-standing speculation about XRP reaching $1,000 has resurfaced as a community member revisited past posts by U.S.-based exchange Uphold.
Earlier today, X user HchannelX brought attention back to Uphold’s past tweets speculating on an XRP price of $1,000. While the posts, dating as far back as 2020, were intended as hypothetical prompts, they continue to stir excitement among XRP holders who view the scenario as a long-term possibility.
One of the tweets from Uphold, originally posted in late 2021, asked, “What’s the first thing you’d do if XRP reached $1,000?”
Although never meant as a price prediction, these posts have repeatedly gone viral, often interpreted by some community members as indirect bullish signals. Now, with XRP trading around $3, these old tweets are gaining new relevance.
A $1,000 XRP Would Be Monumental
At the current price of $3, XRP would need to rise by 33,233% to reach $1,000. Such an increase would turn a $1,000 investment today into more than $330,000, a dream scenario for many long-term holders.
The hypothetical milestone would also give XRP a market capitalization of over $59 trillion based on its circulating supply today. For comparison, Bitcoin’s market cap is currently around $2.26 trillion, and the total crypto market stands just above $3.7 trillion.
Despite the enormous leap required, the community’s appetite for big numbers remains strong.
XRP Army Reaction to $1,000 Price Outlook
Responding to Uphold’s original question about what holders would do if XRP reached $1,000, XRP enthusiasts have shared various aspirational goals. Some joked about buying private islands, while others mentioned paying off debt, investing in businesses, or donating to charity.
Yet, not everyone supports the lofty vision. Some community members urged caution, pointing out the implausibility of a $1,000 XRP under current global market conditions. At that valuation, XRP alone would surpass the GDP of most countries.
However, industry leaders like EasyA founder Dom Kwok argue that it’s not unrealistic for XRP’s valuation to reach the trillions or exceed the GDP of many nations. According to him, dismissing the $1,000 outlook based on current limitations may prove short-sighted in hindsight.
Uphold Clarifies: No Official Prediction
While many interpret Uphold’s XRP-to-$1,000 posts as price predictions, the exchange has consistently clarified that it does not issue official forecasts. Instead, it frames these posts as community engagement prompts, inviting users to imagine hypothetical future scenarios.
However, the XRP Army, known for connecting dots, continues to speculate. Uphold holds a significant reserve of XRP and maintains close ties with Ripple. It serves as a key partner for cross-border payments and RLUSD stablecoin distribution.
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.
