Former Australian Stock Exchange CEO Dismisses $10,000 XRP Price Predictions as Unrealistic
April 4, 2025
XRP
The XRP community is pushing back against unrealistic price predictions that often circulate on social media.
Influential voices within the space are calling for more responsible discussions. They urge XRP influencers to move away from exaggerated forecasts and focus on real developments within the ecosystem.
A notable figure in the community, the individual behind the “All Things XRP” community-driven action, recently took to X to voice concerns over the rampant spread of speculative price targets. In a post addressed to XRP influencers, they emphasized the need for fact-based insights rather than clickbait-driven hype.
“We all want XRP to moon. However, saying XRP will rise to $100 or $10,000 overnight does not help anyone. They are all hype without truth, and community members are starting to see through it,” the post read.
“People are frustrated, looking for leadership, not clickbait hype.”
Industry Experts Weigh In
Alex Caraco, a former CEO of an Australian stock market company, echoed these sentiments, emphasizing the need for realistic expectations. He noted that exaggerated price predictions create false hope and mislead new investors. In his words:
“It’s sad to see incoming XRP buyers sold the story of $1,000 to $10,000 and that it’s going to happen tomorrow or next week.”
Furthermore, Caraco pointed out that the crypto market operates differently from traditional stock markets, making precise predictions difficult. He also acknowledged the potential of stablecoins and other well-supported crypto assets in the digital asset space.
1000% Agree I have been a CEO of an Australian Stock Market Company and it’s sad to see incoming XRP Buyers been sold the story of $1000 to $10,000 and it’s parabolic and going to happen tommorow or next week. The screens daily show the truth $2 to $2.50 at the moment and in…
— Alex Caraco (@888ALX) March 30, 2025
A Call for Constructive Engagement
Panos Mekras, co-founder of Anodos Finance, also joined the discussion. He urged influencers and the broader community to focus on real developments within the XRP Ledger (XRPL) and decentralized finance (DeFi).
“It’s time for the community to stop focusing on meaningless predictions and nonsense riddles. The reality and actual developments are far more exciting and real,” Mekras said.
Notably, the call for responsible dialogue highlights a growing sentiment within the XRP community. While optimism is welcome, it must be in reality. Besides exaggerated price speculation, the community also struggles with internal misinformation.
Crypto Eri, a prominent community member, previously urged the XRP Army to tackle internal misinformation with the same effort they use to counter FUD from critics. One common misconception she warned against is the false claim of a connection between XRP and ISO 20022.
Eri has emphasized that XRP has no direct link to ISO 20022, a global messaging standard for financial institutions. Ripple’s early compliance with the standard does not mean XRP is tied to it. She believes clearing up such misconceptions could strengthen the XRP community and its credibility.
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