Tony Edward and David Gokhshtein challenge XRP price predictions of up to $50,000, warning that unrealistic targets risk damaging the token’s credibility.
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Key Takeaways
Tony Edward criticized extreme XRP forecasts and claims that every central bank will adopt the token.
David Gokhshtein argued that predictions reaching $50,000 damage XRP’s credibility.
The discussion highlights a divide between XRP supporters over price expectations and evidence of adoption.
Predictions that XRP could reach $10,000 or even $50,000 are drawing criticism from within its own community, with Tony Edward and David Gokhshtein questioning whether the hype is undermining the asset’s credibility.
Speaking on Gokhshtein’s The Breakdown, Edward rejected the idea that universal institutional adoption would justify such prices, arguing that XRP faces major competition.
The comments come as wild price calls continue to circulate around the community.
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During the discussion, Gokhshtein asked whether influencers predicting five-figure XRP prices were hurting adoption.
Edward agreed, describing the claims as “ridiculous” and “outlandish.”
He recalled his blunt response to similar predictions during an earlier market cycle.
“If you’re thinking XRP is going to $10,000, you’re smoking crack,” he said.
Edward argued that investors should consider the valuations implied by those targets rather than accept forecasts based on sweeping claims about future demand.
“Think about the market capitalization. These people are just hyping you up. Have something more realistic,” he said.
At $10,000 per token, XRP would command a market capitalization of roughly $631 trillion.
This would represent around 120 times Nvidia’s approximately $5.3 trillion valuation.
His objection also extended to claims that every central bank would use XRP.
Institutions and industries would choose different networks, he argued, leaving room for competing blockchains.
“It’s a multi-chain world,” Edward said.
He encouraged investors to maintain realistic expectations and diversify, adding that Bitcoin was his largest holding.
Gokhshtein described encountering social media videos forecasting XRP prices of $10,000, $25,000, and up to $50,000.
He recalled one creator predicting $25,000 just nine days before the previous year ended.
“This is the reason why nobody takes it seriously,” Gokhshtein said.
In his view, those scenarios relied on extraordinary assumptions about money flowing into XRP, including investors selling other crypto and precious metals to buy the token.
However, Gokhshtein remained open to substantially higher prices, describing $12 XRP as “doable.”
He also acknowledged previously posting a $10,000 XRP prediction himself, saying he had been “trolling.”
Jake Claver’s $10,000 XRP Price Call Shows the Divide
The criticism comes as some XRP advocates continue to defend five-figure targets.
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Kurt Robson is a London-based reporter at CCN, specialising in the fast-moving worlds of crypto and emerging technology. He began his career covering local news in Cornwall after graduating from Falmouth University with First Class Honours in Journalism. There, he cut his teeth on everything from council meetings to missing swans.
He quickly rose through the ranks to become a frontline journalist at several of the UK’s leading national newspapers. Over the years, he has interviewed musicians and celebrities, reported from courtrooms and crime scenes, and secured multiple front-page exclusives.
Following the upheaval of the COVID-19 pandemic, Kurt shifted his focus to technology journalism—just ahead of the AI boom. With a natural curiosity and a trained eye for emerging trends, he has found a new rhythm in reporting on innovation.
At CCN, Kurt's work focuses on the cutting edge of crypto, blockchain, AI, and the evolving digital world. Drawing on his background in people-first reporting and his deep interest in disruptive tech, Kurt delivers stories that are insightful, entertaining, and human-centric.
