{"id":567826,"date":"2024-01-03T18:00:06","date_gmt":"2024-01-03T18:00:06","guid":{"rendered":"https:\/\/www.shenyangcang.com\/?p=567826"},"modified":"2024-06-11T08:37:24","modified_gmt":"2024-06-11T08:37:24","slug":"crypto-analyst-20000-xrp-price","status":"publish","type":"post","link":"https:\/\/www.shenyangcang.com\/news\/ripple\/crypto-analyst-20000-xrp-price\/","title":{"rendered":"Crypto Analyst Blasts $20,000 XRP Price Target, Reveals Why It&#8217;s Impossible"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinist.com\/xrp-price-action-legal-expert\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP YouTuber Moon Lambo<\/span><\/a><span style=\"font-weight: 400\"> has hit out at those who believe that the XRP price could be worth <\/span><a href=\"https:\/\/www.shenyangcang.com\/analysis\/xrp\/xrp-price-prediction-10000\/\"><span style=\"font-weight: 400\">$20,000 in the future<\/span><\/a><span style=\"font-weight: 400\">. The analyst believes that this price level is unattainable for the crypto token as he highlighted reasons why he holds this belief.\u00a0<\/span><\/p>\n<h2>Why The XRP Price Cannot Rise To $20,000<\/h2>\n<p><span style=\"font-weight: 400\">In a <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=jvdYtyXEEzo\" rel=\"nofollow\"><span style=\"font-weight: 400\">video<\/span><\/a><span style=\"font-weight: 400\"> on his YouTube Channel, Moon Lambo explained that XRP\u2019s market cap will need to run into quadrillions of dollars if it were to achieve that price level based on its current market cap. However, from his calculation, there is not enough money in the world for such an occurrence, as at <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-is-the-coin-to-hold\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">least $100 trillion<\/span><\/a><span style=\"font-weight: 400\"> will need to flow into the XRP ecosystem for that to happen.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.shenyangcang.com\/news\/solana\/solana-meme-coins-sol\/\">Solana Meme Coins: A Guide to Buying, Trading, And Profiting From SOL Investments<\/a><\/div>\n<p><span style=\"font-weight: 400\">According to the YouTuber, there is a \u201c0% chance\u201d that this will happen. He dismissed any argument that some assets could be sold off to fund this amount of inflows into the XRP ecosystem. This is unlikely to happen as those assets will need to go to zero to get the amount of liquidity needed to get the <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-cto-slams-xrp-buyback-theory\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP price to $20,000<\/span><\/a><span style=\"font-weight: 400\">, Moon Lambo argued.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">XRP being worth that amount would also mean the crypto token having a market cap worth over ten times more than the value of the <\/span><a href=\"https:\/\/bitcoinist.com\/stocks-retrace-push-bitcoin-down-before-christmas\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">US stock market<\/span><\/a><span style=\"font-weight: 400\">. Moon Lambo says that it is \u201cutter nonsense\u201d to think that this will happen. He believes there is no way that XRP can be more valuable than all the foremost companies in the US put together.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">He also alluded to arguments that XRP can attain this price by becoming the <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-cto-slams-xrp-buyback-theory\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">currency for the global reserve<\/span><\/a><span style=\"font-weight: 400\">. He says that swapping out the dollar, which currently accounts for a huge chunk of the global reserve, won\u2019t still see the crypto token get the required liquidity to hit $20,000.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/75cUaVCD\/\" alt=\"XRP price chart from Tradingview.com\" width=\"3266\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">XRP price at $0.63 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSD on Tradingview.com<\/a><\/pre>\n<h2>Enough Reason To Still Be Excited As An XRP Holder<\/h2>\n<p><span style=\"font-weight: 400\">Despite his stance, Moon Lambo is still <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-action-legal-expert\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">bullish on the XRP price<\/span><\/a><span style=\"font-weight: 400\">. He stated that the crypto token doesn\u2019t need this \u201ccrazy hype nonsense\u201d for one to be excited <\/span><a href=\"https:\/\/bitcoinist.com\/top-10-xrp-wallets-11-supply\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">as an XRP holder<\/span><\/a><span style=\"font-weight: 400\">. The crypto analyst believes that as far as XRP is widely adopted, there is enough money that can flow into it, which could cause its <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-at-250\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">price to hit three digits<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.shenyangcang.com\/crypto\/top-5-events-crypto-2023\/\">Top 5 Events That Shook Up The Crypto Industry In 2023<\/a><\/div>\n<p><span style=\"font-weight: 400\">Unlike a price prediction of $20,000, XRP\u2019s price hitting three digits is still within the \u201crealm of possibilities.\u201d However, Moon Lambo doesn\u2019t see that instantaneously happening as he says that it could take \u201cmany market cycles.\u201d The good news is that anyone who has been in on XRP for some time is already well-positioned for such a multiplier effect.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, analysts who have in the past made such <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-prediction-bullish-bearish\/#:~:text=According%20to%20this%20person%2C%20XRP,Halving%20happens%20in%20April%202024.\" rel=\"nofollow\"><span style=\"font-weight: 400\">\u201cimpossible\u201d price predictions<\/span><\/a><span style=\"font-weight: 400\"> of $20,000 were not spared in the crypto analyst\u2019s rant. Moon Lambo mentioned that such people only make baseless claims and do not provide justification for such assertions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">He provided insight into why these analysts make such predictions as he suggested that they were doing this to get more audience. He remarked that he would probably get more subscribers if he jumped on this \u201cbandwagon.\u201d However, he has no intention to do that as he says it will be \u201cintellectually dishonest\u201d to do that.<\/span><\/p>\n<div class=\"disclaimer-shortcode\">Featured image from Tekedia, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP YouTuber Moon Lambo has hit out at those who believe that the XRP price could be worth $20,000 in the future. The analyst believes that this price level is unattainable for the crypto token as he highlighted reasons why he holds this belief.\u00a0 Why The XRP Price Cannot Rise To $20,000 In a video on his YouTube Channel, Moon Lambo explained that XRP\u2019s market cap will need to run into quadrillions of dollars if it were to achieve that price level based on its current market cap. However, from his calculation, there is not enough money in the world for such an occurrence, as at least $100 trillion will need to flow into the XRP ecosystem for that to happen. Related Reading: Solana Meme Coins: A Guide to Buying, Trading, And Profiting From SOL Investments According to the YouTuber, there is a \u201c0% chance\u201d that this will happen. He dismissed any argument that some assets could be sold off to fund this amount of inflows into the XRP ecosystem. This is unlikely to happen as those assets will need to go to zero to get the amount of liquidity needed to get the XRP price to $20,000, Moon Lambo argued.\u00a0 XRP being worth that amount would also mean the crypto token having a market cap worth over ten times more than the value of the US stock market. Moon Lambo says that it is \u201cutter nonsense\u201d to think that this will happen. He believes there is no way that XRP can be more valuable than all the foremost companies in the US put together.\u00a0 He also alluded to arguments that XRP can attain this price by becoming the currency for the global reserve. He says that swapping out the dollar, which currently accounts for a huge chunk of the global reserve, won\u2019t still see the crypto token get the required liquidity to hit $20,000. XRP price at $0.63 | Source: XRPUSD on Tradingview.com Enough Reason To Still Be Excited As An XRP Holder Despite his stance, Moon Lambo is still bullish on the XRP price. He stated that the crypto token doesn\u2019t need this \u201ccrazy hype nonsense\u201d for one to be excited as an XRP holder. The crypto analyst believes that as far as XRP is widely adopted, there is enough money that can flow into it, which could cause its price to hit three digits.\u00a0 Related Reading: Top 5 Events That Shook Up The Crypto Industry In 2023 Unlike a price prediction of $20,000, XRP\u2019s price hitting three digits is still within the \u201crealm of possibilities.\u201d However, Moon Lambo doesn\u2019t see that instantaneously happening as he says that it could take \u201cmany market cycles.\u201d The good news is that anyone who has been in on XRP for some time is already well-positioned for such a multiplier effect.\u00a0 Meanwhile, analysts who have in the past made such \u201cimpossible\u201d price predictions of $20,000 were not spared in the crypto analyst\u2019s rant. Moon Lambo mentioned that such people only make baseless claims and do not provide justification for such assertions.\u00a0 He provided insight into why these analysts make such predictions as he suggested that they were doing this to get more audience. He remarked that he would probably get more subscribers if he jumped on this \u201cbandwagon.\u201d However, he has no intention to do that as he says it will be \u201cintellectually dishonest\u201d to do that. Featured image from Tekedia, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":567835,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[33424,167,6664,26263,14690,3680,17209,4531,83637,13172,91048,16289,10972,78763],"class_list":["post-567826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-33424","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-20","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Crypto Analyst Blasts $20,000 XRP Price Target, Reveals Why It&#039;s Impossible<\/title>\n<meta name=\"description\" content=\"XRP YouTuber Moon Lambo has hit out at those who believe that 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